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Energy

  • Inflation and supply chain woes take their toll on UK’s chemical sector

    October 17, 2022

    The chemical sector has reported its first quarterly fall in sales since the height of the pandemic, according to the latest sector data.

  • Dam: Climate change poses risks to energy infrastructure

    October 16, 2022

    Extreme weather events caused by climate change pose a significant risk to the world's energy infrastructure, warned the WMO.

  • Ukraine holds talks with US over gas reserves to fight supply crisis

    October 16, 2022

    Ukraine is preparing to market its national gas reserves, and has entered into discussions with US firms over its supplies.

  • Gazprom boss threatens to halt gas supplies if Europe backs price cap

    October 16, 2022

    Russia would halt gas supplies into Europe if the price of its gas exports was capped warned Gazprom boss Alexei Miller.

  • Recession fears outweigh OPEC+ cuts amid oil price slump

    October 16, 2022

    Oil markets will open tomorrow with prices weighed down by global recession fears and weakening oil demand.

  • Labour would ban fracking ‘for good’ if Starmer gets into power

    October 13, 2022

    Labour has committed to ban fracking “for good” if it was to get into office, while condemning a plan for a price cap on renewables. Keir Starmer’s party called of the Prime Minister to call of plans to block renewable energy projects, while calling fracking “expensive, dirty, and dangerous” Since the Russian invasion of Ukraine [...]

  • Exclusive: Government has botched Bulb crisis, says Westminster chair

    October 13, 2022

    The Government has wasted Bulb protracted and pricey stint in administration, driving up costs for consumers.

  • Ofgem chief urges Brits to reduce their energy usage this winter

    October 13, 2022

    Households should be encouraged to reduce their energy usage this winter to help drive down record bills, argued Ofgem's boss.

  • Ofwat close Yorkshire Water case after shareholders cough up £100m to reduce storm overflows

    October 13, 2022

    Ofwat has closed its case against Yorkshire Water, after it agreed to recover £1bn loans and shareholders committed £100m to reduce spills.

  • Lloyds and Aon team up to build customer resilience to Ukraine conflict

    October 13, 2022

    The insurance industry must help customers build resiliencethe Russian invasion Ukraine, according to new research from Lloyd’s and Aon.

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