Booming oil and gas prices power Woodside Energy to record revenues October 20, 2022 Woodside is revelling in record revenues, powered by firmer energy prices and its merger with BHP Group's petroleum assets.
Three quid from the Grid? Households encouraged to use more off-peak power October 20, 2022 The National Grid will offer households a hefty £3 per kwh to shift their electricity usage to off-peak times.
Ovo Energy makes eleventh hour bid to snatch Bulb from rival Octopus October 20, 2022 Ovo Energy has launched a last gasp bid to snatch Bulb Energy (Bulb) from the tentacles of rival supplier Octopus Energy.
Ukraine urges citizens to cut energy usage as EU squabbles over gas price cap October 20, 2022 Ukraine is encouraging its citizens to cut energy usage by 20 per cent this winter, amid growing concerns of blackouts this winter.
One in three UK households: Energy crisis risks dragging 26m Brits into fuel poverty October 20, 2022 The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned, which is about 26m people. It means more than one in three British households face the grim prospect of hardship: there are an estimated 28.1m households in the UK. The average household [...]
Net zero gas firm IOG rings changes with new CEO, CFO and COO to give ‘fresh impetus’ October 20, 2022 The CEO of net zero gas operator IOG has announced he will step down after five years in the job, with a raft of other board changes in the pipeline. Andrew Hockey will retire from the company with immediate effect, but will remain an adviser ahead of the 33rd offshore licensing round. His replacement has [...]
Energy prices will not return to normal this decade, warns Cornwall Insight October 19, 2022 Energy prices will not return to pre-crisis levels by the end of the decade, according to the latest data from Cornwall Insight.
Renewable boom eases global emissions, reveals leading climate body October 19, 2022 Global emissions are only expected to grow by under one per cent this year thanks to a renewable boom, according to the IEA.
Ithaca Energy to test investor appetite with London listing October 19, 2022 Ithaca Energy (Ithaca) has announced plans for a London listing, gauging investor appetite for oil and gas companies.
Experts say energy bills will stay high despite gas price slump October 18, 2022 Don't expect energy bills to revert to normal levels this winter, warn experts, despite the recent easing of gas prices.