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Energy

  • 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.

  • Harbour Energy snubs North Sea licensing round after windfall tax hike

    December 16, 2022

    Harbour Energy has announced it will not enter the UK's first exploration licensing round in nearly three years.

  • Octopus signs deal with Shell to buy energy from world’s largest wind farm

    December 15, 2022

    Octopus Energy Group has signed a long-term deal with Shell to buy green energy from Dogger Bank, the world's largest wind farm.

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