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Energy

  • 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.

  • RAC urges Government to provide more support to UK drivers as petrol prices climb to new highs

    July 4, 2022

    The RAC has urged the Government to provide more support for drivers, as petrol prices climbed to fresh records this weekend.

  • Backing fracking? Landmark report could resurrect lost industry this week

    July 3, 2022

    The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.

  • Gove set for decision on Cumbrian coal mine

    July 3, 2022

    The UK's first deep coal mine in more than thirty years could be given the green light this week, with Michael Gove weighing up a decision.

  • Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures

    July 3, 2022

    Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.

  • British Gas owner Centrica begins dividend balancing act amid record household energy bills

    July 3, 2022

    British Gas owner Centrica is expected to confirm its post-pandemic rebound with mega profits in its upcoming half-year results last this month.

  • Factories braced for energy rationing this winter amid fears Russia could turn off the taps

    July 3, 2022

    Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.

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