Ouch: Petrofac predicts $100m loss, causing shares to plummet December 20, 2022 Petrofac's shares slid to a record low on Tuesday after the embattled company forecast an operating loss of $100m in its full-year results.
Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz December 20, 2022 Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.
Rolls-Royce’s one step closer to nuclear ambitions with SMR factory shortlist December 20, 2022 Rolls-Royce has announced its final shortlist for its first factory to build its proposed nuclear pipeline of small modular reactors.
North Sea watchdog hits three oil and gas firms with £265,000 fines December 19, 2022 A trio of oil and gas operators have been hit with a massive six-figure fine, as the UK's North Sea watchdog aims to enforce net zero rules.
At last: EU ministers finally agree Russian gas price cap December 19, 2022 EU energy ministers have finally agreed a gas price cap, after months of talks within the bloc as it seeks to slash Russian war revenues.
Despite Brexit: Octopus’ Bulb deal could trigger EU involvement, says lawyers December 19, 2022 Octopus Energy's takeover of Bulb could breach EU state aid rules, according to senior competition lawyers.
Hydrogen is ‘not a panacea’ for cutting carbon emissions, warn MPs December 19, 2022 Hydrogen is “not a panacea” for cutting carbon emissions across UK homes, warned a leading Westminster Committee.
Sunak bins Truss’s Energy Supply Taskforce after just three months December 18, 2022 Prime Minister Rishi Sunak has scrapped a taskforce launched by his predecessor to shore up the UK’s energy security by striking a series of long-term deals with gas suppliers. The Energy Supply Taskforce, announced by Liz Truss towards the beginning of her short tenure in No 10 as part of a package of measures to [...]
Londoners evacuated from homes after burst mains bring deluge December 17, 2022 People have been evacuated from their flooded homes after two water mains burst in north London, with multiple postcodes without water.
Coal consumption climbs to all-time high, reveals IEA December 17, 2022 Global coal consumption will rise to an all-time high this year and remain flat at that level until 2025, according to the IEA.