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Energy

  • Shell unveils £8.1bn profits in another monster quarter of trading

    October 27, 2022

    Shell has reported another quarter of bumper trading and hefty profits, revelling in historically elevated oil and gas prices this year.

  • Government must get a grip on risks to key infrastructure from climate change

    October 27, 2022

    The Government must get a grip on the risks posed by the effects of climate change on infrastructure, warned a Westminster committee.

  • Saved by the bell: Drax showdown cut short as MPs summoned to votes

    October 26, 2022

    There were "a lot of errors" in the BBC Panorama's expose of Drax's logging practices, argued the firm's leading energy expert.

  • So-so energy: Supplier’s push for funds is a worrying sign for the market

    October 26, 2022

    So Energy's scramble for funds this winter reflects the stark reality that the industry crisis is far from over, as another winter looms.

  • LNG cargoes await supply squeeze as Europe readies itself for tough winter

    October 26, 2022

    Dozens of LNG cargoes have been in slow transit across Europe in recent weeks, awaiting the prime opportunity to unload their valuable resources.

  • Renewable body urges rollout of wind power to lower household bills

    October 26, 2022

    Industry group Renewable UK is urging the Government to accelerate the roll-out of wind power to avoid future gas crises for consumers.

  • World’s richest nations should honour $100bn climate financing pledge

    October 26, 2022

    The world's wealthiest nations should deliver on their pledge to provide $100bn per year of climate financing, argued Wärtsila.

  • So Energy seeks tens of millions in extra cash amid UK energy crisis

    October 25, 2022

    So Energy is reportedly seeking tens of millions of pounds worth of additional funding to help navigate the UK’s energy crisis. The energy firm, which supplies power to more than 300,000 households, in August urged the government to act fast, calling the crisis “a state of emergency” in an exclusive interview with City A.M. The [...]

  • Exclusive: Rival firm urges Octopus and Ovo to ringfence Bulb’s customers

    October 25, 2022

    A rival supplier has slammed the two prospective bids for fallen firm Bulb Energy, labelling them a “significant risk to all energy bill payers.”

  • Europe to stave off blackouts this winter if it avoids more “surprises”

    October 25, 2022

    Europe should avoid blackouts this winter unless they are more "surprises", predicts the International Energy Agency.

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