UK net zero ambition needs “huge engagement” from SMEs October 6, 2022 Small businesses are keen to play their part in the UK’s journey to reach net zero by 2050 but decarbonising is complicated and expensive. It will be impossible to reach the UK’s net zero by 2050 goal without “huge engagement” from the UK’s 5.7 million Small to Medium Enterprises (SMEs), says Chris Hocknell, director of Eight Versa, [...]
Household support package could cost £140bn, warns Cornwall Insight October 5, 2022 The Government’s support package to ease soaring household energy bills could climb as high as £140bn, warned Cornwall Insight.
OPEC+ finalises heavy oil output cuts in bid to boost sliding prices October 5, 2022 The world's most influential oil cartel, OPEC+, has agreed to its deepest cuts in production since the pandemic.
Offshore workers back North Sea strikes over pay dispute October 5, 2022 Hundreds of offshore workers will go on strike for ten days between now and the end of the year following an escalating dispute over pay.
EU Commission urges member states to agree gas price cap October 5, 2022 Ursula von der Leyen will push eu leaders to reach an agreement for a gas price cap following weeks of disagreements.
Utilita Energy rolls out tips for households to cut energy bills October 5, 2022 Utilita has rolled out workshops offering tips to help households save money on their energy bills this winter.
Aramco boss warns oil markets are still tight despite price slump October 4, 2022 Investors should be focusing on the lack of global spare capacity to boost oil output rather than plummeting demand, argued Aramco.
Government chases gas deals with Norway amid supply crunch fears October 4, 2022 The Government is chasing gas deals with Norway, as it looks to ramp up supply security and ensure the lights stay on this winter.
North Sea industry must focus on training offshore workers for green roles October 4, 2022 The North Sea energy sector needs to focus more on training people for green jobs and shifting workers in the oil and gas industry.
Sweden suspect “gross sabotage” of Nord Stream pipelines in the Baltic Sea October 4, 2022 Sweden closed the area around the ruptured Nord Stream pipelines yesterday as their prosecution authority called it a “crime scene” amid speculations of foul play. “Suspected gross sabotage” led Swedish prosecutor Mats Ljungqvist and the coast guard to ban divers and marine vessels, including underwater vehicles, from being within 5.8 miles of the leaks. On [...]