Greenpeace launches legal bid to overturn Jackdaw gas field approval July 26, 2022 Greenpeace has mounted a legal challenge against the Government, following its approval of the Jackdaw oil field last month.
EU finalises compromise deal to cut gas usage ahead of winter July 26, 2022 EU member states have settled on a diluted emergency plan to curb gas demand this winter in case Russia turns off the taps this winter.
Exclusive: Yü Group’s boss warns against over-regulating energy market at expense of innovators July 26, 2022 Reforms to the energy sector risk reverting the market back to only a few big suppliers, warned Yü Group boss Bobby Kalar.
Octopus enjoys $550m investment boost as energy giant looks to ramp up renewable plans July 26, 2022 Octopus Energy Group has closed its latest funding round, securing $550m from both existing shareholders and a North American pension group.
Drax’s profits surge as high energy prices bolster power plant operator’s earnings July 26, 2022 Power plant operator Drax Group today said its pre-tax profits for the first half of 2022 were almost four times higher than its pre-tax profits for the same period in 2021, after high electricity prices bolstered the Yorkshire firm’s business. The North Yorkshire company – that operates the coal and biomass fired Draw Power Station [...]
Westminster committee sticks the boot into Ofgem as households suffer record energy bills July 26, 2022 MPs have raised doubts over Ofgem’s ability to clean up the energy market, following mass carnage which saw over 30 suppliers collapse.
No pressure? Gazprom cuts gas flows into Europe as cold winter months loom July 25, 2022 Gazprom plans to further cut gas flows into Europe, raising the chilling prospect of rationing and blackouts this winter.
Naftogaz suffers setback with bondholders rejecting debt freeze proposal July 25, 2022 Naftogaz has revealed its bondholders are set to refuse its two-year debt payment freeze request, alongside a setback from the government.
Good Friday Agreement architect Lord Trimble dies aged 77 July 25, 2022 Former Northern Ireland first minister David Trimble died at the age of 77, following a short illness.
National Grid blames fires and tight markets for desperate supply scramble amid heatwave July 25, 2022 Tight markets and fires in East London forced the National Grid to pay record prices for energy from Belgium to prevent power outages.