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Energy

  • Industry pressures Government to back onshore wind planning reforms

    November 1, 2022

    Industry groups and think tanks have urged new Prime Minister Rishi Sunak to uphold planning reforms to boost onshore wind developments.

  • BP joins profits bonanza with £7.1bn earnings despite £2bn overall losses

    November 1, 2022

    BP revealed losses of £1.9bn for the third quarter of trading this year, but massive underlying profits of £7.1bn for the three month window.

  • Government weighs up proposals to expand windfall taxes

    November 1, 2022

    Windfall taxes on energy firms could be raised and extended as much as three years. as Downing Street scrambles to raise funds.

  • Low battery: Britishvolt on life support in blow to UK’s tech ambitions

    October 31, 2022

    Feted battery firm Britishvolt is on life support e after running its cash pile dry, amid growing concerns for the UK's green ambitions.

  • Ofgem orders Delta to cough up £530,000 as energy crisis deepens

    October 31, 2022

    Challenger suppliers continue to feel the heat from the energy crisis, with Ofgem ordering Delta to cough up a six figure sum.

  • Government must expand insulation scheme to drive down energy bills

    October 31, 2022

    Energy UK is urging the new Government to ramp up support for the energy efficiency of buildings in the next budget.

  • Bulb deal signals energy sector shift as Octopus boosts customer base

    October 30, 2022

    Octopus has wrapped up a deal for Bulb. Here, City A.M. recounts the bidding war and what it means for the energy sector.

  • Centrica reopens Rough storage site at reduced capacity in supply security bid

    October 28, 2022

    The UK's largest gas storage site has been reopened by British Gas owner Centrica in a bid to boost supply security this winter.

  • Total Energies hoovers up £650m dividends from Russian assets

    October 27, 2022

    Total Energies received nearly three-quarters of a billion dollars iin dividends from Russian assets during the first nine months of the year.

  • Shell will not pay any windfall tax despite booming profits

    October 27, 2022

    Energy giant Shell does not expect to pay the windfall tax this quarter, as it has invested sufficient funds in North Sea oil and gas projects.

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