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Energy

  • Gas prices soar as Russia cuts off flows from Nord Stream pipeline

    September 5, 2022

    Gas prices have spiked after Gazprom cut off gas flows into Europe via the key Russia-Germany Nord Stream 1 pipeline.

  • Atome Energy expands green hydrogen project with 75 acre site

    September 5, 2022

    Atome Energy snapped up a 75 acre site for its green hydrogen production facility in Viletta, Paraguay for $900,000.

  • Liz Truss weighs up £100bn plan to freeze record energy bills

    September 5, 2022

    Liz Truss is expected to unveil a vast support package to deal with surging energy costs, as first reported in The Times.

  • Shelling Out: Shell confirms bumper pay-outs to shareholders

    September 5, 2022

    Shell has confirmed shareholders will be able to take dividends in euros and pounds, alongside dollars, after its massive Q2 performance.

  • OEUK: UK must double wind turbine installation rates to meet energy targets

    September 4, 2022

    OEUK argues the Government will have to at least double the rate of offshore wind turbine installations to meet its energy security goals.

  • Sigh of relief as energy price cap forecasts drop by more than £2,000 in just a week

    September 4, 2022

    The forecasts for next year’s energy price caps have once again dropped as gas prices fell this week. Auxilione, a consultancy that updates its predictions daily, reduced its price cap forecast for April next year by £23 – the third drop in a row. The forecast for April’s cap is now £5,539 per year for [...]

  • Ofgem chooses bidder to operate connections for world’s largest wind farm

    September 2, 2022

    Ofgem has selected the preferred bidder to operate the connection link serving the Hornsea 2 offshore wind farm.

  • G7 confirms plans to cap Russian oil prices

    September 2, 2022

    Plans to impose an energy price cap on Russian oil are expected to be firmed up by G7 finance ministers when they meet later today.

  • Siemens Gamesa finalises sale of renewable assets to SSE for €613m

    September 2, 2022

    Siemens Gamesa has completed the sale of its South European renewables development assets to SSE in a €613m deal.

  • Westminster push for North Sea fossil fuels slammed by climate groups

    September 2, 2022

    Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.

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