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      IMF Managing Director Kristalina Georgieva speaking at a press conference, addressing global economic challenges.

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Energy

  • Investments fail to flow from water companies, reveals Ofwat

    December 6, 2022

    Water and wastewater companies are falling behind on their investment plans, according to industry watchdog Ofwat.

  • Scientists urge world leaders to stop burning trees to generate energy

    December 5, 2022

    Countries must stop burning trees to make energy because it undermines the world's climate and nature goals and destroys valuable wildlife habits.

  • Serica Energy’s shares slide after underwhelming North Eigg update

    December 5, 2022

    Serica Energy's shares plummeted on the London Stock Exchange after it reported underwhelming findings in the North Sea.

  • Hospitality body calls for compromise over energy bills as firms face winding-up orders

    December 5, 2022

    Energy firms should offer compromise solutions if business customers are struggling, argued the hospitality trade body’s chief.

  • OPEC+’s production cuts reveal unsteady markets, say oil experts

    December 5, 2022

    OPEC+'s decision to maintain its hefty output cuts reflects a lack of stability in global oil markets, argued analysts.

  • Germany unveils £2.5bn gas deal with Trafigura to ease energy crisis

    December 5, 2022

    Germany has secured a long-term gas deal with commodities specialist Trafigura to shore up its energy supplies over the coming winters.

  • Exclusive: Ofgem is ‘overcompensating’ for its failures, warns energy boss

    December 5, 2022

    Ofgem's flurry of reforms to the energy sector could stop new ideas from entering the market warned the boss of Good Energy.

  • Activists protest at British Museum and Scottish Power over rising energy bills

    December 3, 2022

    Campaigners have staged protests in buildings including the British Museum and Scottish Power HQ against rising energy bills and “sky-rocketing” levels of fuel poverty, according to organisers. Members of the grass-roots movements Don’t Pay UK and Fuel Poverty Action said campaigners had bedded down with blankets, sleeping bags and hot water bottles in the foyer [...]

  • Utilita boss fears Big Six advantage as he slams Ofgem reforms

    December 2, 2022

    Ofgem risks stifling innovation and preventing energy firms from finding a pathway to profit, warned the boss of Utilita Energy.

  • EDF secures further funding for Hinkley Point C in new settlement

    December 1, 2022

    EDF has secured 14 years of funding for the UK's upcoming nuclear plant Hinkley Point C in case of the risk of further delays.

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