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Energy

  • G20 nations are not cutting emissions fast enough to meet climate goals

    September 20, 2022

    No country in the G20 is decarbonising quickly enough to maintain a safe climate, according to new analysis from PWC.

  • Hungary urges EU not to bring in more sanctions on Russia

    September 20, 2022

    Hungary has urged the EU not to impose new sanctions on Russia, warning that further measures would escalate the supply crisis.

  • Uniper set for nationalisation as Germany closes in on deal with Fortnum

    September 20, 2022

    Uniper is on the verge of being fully nationalised, with the German government announcing plans to buy Fortum's stake in the company.

  • Energy saving measures could provide £7bn boost to UK economy

    September 20, 2022

    A Government backed programme to insulate homes could inject £6.8bn into the economy by the end of the decade, says Greenpeace.

  • Aramco boss blames Europe for energy supply crisis this winter

    September 20, 2022

    Europe's plans to cap bills for consumers is not a long-term helpful solutions o the global energy crisis, argued Aramco boss Amin Nasser.

  • Good Energy braces for challenging winter with heavy hedging strategy

    September 20, 2022

    Good Energy has adopted an ultra-conservative hedging strategy ahead of winter as it looks to navigate challenging market conditions.

  • Fuller’s sales above pre-covid levels amid concern over ‘unsustainable rise’ in energy costs

    September 20, 2022

    Pub chain Fuller’s brought its sales back above pre-pandemic levels but has warned the energy crisis could give it bills of £18m. The company announced its sales in the first half of the financial year were three per cent up on the pandemic, and 50 per cent up on the same period last year.  However, [...]

  • Countries must work together more to meet climate goals, warns IEA

    September 20, 2022

    Global net zero carbon targets could be delayed by decades without more collaboration between countries, warned the IEA.

  • Octopus unveils £40m support package to ease standing charges

    September 19, 2022

    Octopus Energy has rolled out a £40m package to lower the burden of standing charges facing households this winter.

  • Hospitality hit ‘from both sides’ of energy price crisis as number of insolvent firms shoots up

    September 18, 2022

    There has been a huge spike in the number of company insolvencies in the past year by 72 per cent, as hospitality bears the brunt of soaring energy bills. New figures from the Insolvency Service show pubs, bars and restaurants have been the worst affected, being “from both sides” by the cost of living crisis. [...]

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