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Energy

  • EU fails to agree price level for Russian oil cap as splits emerge in bloc

    November 24, 2022

    The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.

  • Farmers without solar panels could lose out on £1bn as Government weighs up clampdown

    November 24, 2022

    Farmers without solar panels could be missing out on up to £1bn over the next two years, according to new analysis from ECIU.

  • Energy bill support to cost billions as Ofgem unveils monster £4,279 price cap

    November 24, 2022

    The energy price cap will rise by a further £700 in the new year, Ofgem has announced - a 20 per cent hike to its current record rates.

  • Feeling the chill: Hospitality bosses fear energy firms are profiteering in a crisis

    November 24, 2022

    Hospitality bosses have accused suppliers of “deliberately profiteering” of the energy crisis, writes City A.M.

  • Hunt urges Brits to ‘take responsibility’ with their energy bills with support to end in 2024

    November 23, 2022

    Universal support for household energy bills will not be extended again, confirmed Jeremy Hunt to MPs today.

  • Wartsila boss calls for onshore wind to power Europe’s energy ambitions

    November 23, 2022

    Onshore wind should "absolutely" be part of Europe's ambitions, as it looks meet net zero goals and reduce its reliance on overseas supplies.

  • Gas prices rise as Gazprom threatens supply cuts to Ukraine pipeline

    November 23, 2022

    Gas prices have climbed after Gazprom warned it could further limit supplies into Europe next week amid a dispute with Ukraine.

  • Exclusive: Government risks £30bn black hole without net zero roadmap

    November 23, 2022

    The Government risks a £30bn-plus yearly black hole in its tax policy, warned environmental think tank Green Alliance.

  • Drax denies emissions claims in heated Westminster exchange

    November 22, 2022

    The boss of Drax refused to comment on whether the energy firm is the second largest emitter of CO2 in the country.

  • Equinor pledges $1.44bn investment to deepwater Arctic gas field

    November 22, 2022

    Equinor have announced they will invest $1.44bn in developing one of the deepest gas fields off the coast of Norway.

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