Government amends windfall tax as energy body warns of supply shocks this winter July 6, 2022 The Government has made several amendments to the Energy Profits Levy, with industry bodies calling for further changes ahead of winter.
Gas prices ease as Norway’s government steps in to stop strikes from offshore workers July 6, 2022 Gas prices have dropped across Europe after the Norwegian government stepped in to end strike action from offshore workers.
Shell to build Europe’s largest hydrogen plant July 6, 2022 Shell has announced plans to build Europe's largest renewable hydrogen plant in the Netherlands, which will be operational in just three years time.
Oil prices nosedive as recession fears rise across developed economies July 5, 2022 Oil prices have plummeted a whopping $10 across both benchmarks, as recession fears curtailed demand and drove down prices.
West under pressure to secure energy supplies as Norwegian offshore workers go on strike July 5, 2022 Europe faces further pressure in securing supplies ahead of winter , after Norwegian oil and gas workers went on strike today.
Shell teams up with Qatari energy giant for world’s largest LNG project July 5, 2022 State-backed QatarEnergy has selected Shell as partner for the single largest project in the history of the LNG industry.
Exclusive: New Ofgem regulations risk stifling innovation, warns So Energy July 5, 2022 So Energy's co-founder Simon Oscroft has urged Ofgem to not over-regulate the sector, if it puts more costs on consumers and hurts challengers.
Johnson urges OPEC to boost oil production to ease cost-of-living crisis July 4, 2022 Prime Minister Boris Johnson has urged the world's largest oil cartel to produce more oil to drive down prices and alleviate the cost of living crisis,
Takeover deal for UK Power Networks collapses after owner raises £15bn price tag July 4, 2022 The proposed takeover of Britain’s largest electricity distributor by a consortium led by KKR and Australia’s Macquarie.
Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.