What windfall? North Sea levy generated £600m less than expected in December January 25, 2023 The new windfall tax on North Sea oil and gas operators failed to generate the expected takings last month, confirmed the OBR.
Tullow Oil faces hefty £243m tax bill in Ghana following bumper revenues January 25, 2023 Tullow Oil is facing a hefty £243m ($300m) tax bill in Ghana - home to the fossil fuel producer's flagship fields.
Pub body slams energy firms over sky-high bills amid calls for Ofgem investigation January 25, 2023 The UK's leading pub body went to war with the country’s energy firms yesterday, accusing them of profiteering.
Heat pumps too expensive to meet social housing needs, warns Sureserve January 24, 2023 The government will need to drive down the price of heat pumps if it is serious about transitioning from gas boiler, warns Sureserve.
Newmed reveals chance of Capricorn merger has ‘significantly decreased’ after boardroom exodus January 24, 2023 New Med's proposed £277m merger with Capricorn Energy is at risk of collapse, with chances of a deal significantly decreasing.
Millions at risk if household energy support package is cut in April, Utilita warns January 24, 2023 The government should maintain support packages at current levels to ease pressure on households, warned Utilita.
City Pub Group: Rail strikes cost us nearly £1m in lost sales January 24, 2023 The City Pub Group reported a boost in trading over the festive period, and said sales would have been stronger if it weren't for the rail strikes.
Yu Group’s shares soar after supplier unveils bumper £275m revenues on back of smart meter uptake January 24, 2023 Yu Group's shares soared nearly 10 per cent on the London Stock Exchange, after the supplier revealed it expects to beat its guidance.
National Grid offers smart meter households a discount to slash energy usage but plays down fear of blackouts January 24, 2023 National Grid has extended plans for households to be offered discounts for cutting their energy usage, as the winter crisis bites.
Ovo Energy backs social tariff for vulnerable households facing record bills January 24, 2023 Ovo Energy has joined calls for a social tariff to help vulnerable households grappling with record energy bills.