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Energy

  • Government backs £130m subsea cable facility ahead of renewable ramp up

    June 17, 2022

    JDR Cable Systems has gained further financial backing from the Government for its new subsea cable manufacturing facility in Northumberland.

  • British Gas owner Centrica strikes mega deal with Equinor to boost supplies to British homes

    June 16, 2022

    One billion more cubic meters of gas will enter the UK market for each of the next three winters - after Centrica reached a mega deal with Equinor today.

  • Tensions mount between the Kremlin and the West as Gazprom cuts gas flows into Europe

    June 16, 2022

    Europe is facing up to the growing prospect of a future without Russian gas, amid cuts from key pipeline Nord Stream 1.

  • Prime Minister Boris Johnson aims to protect more households with £1bn energy efficiency boost

    June 16, 2022

    Prime Minister Boris Johnson is drawing up plans to insulate hundreds of thousands more homes before winter with up to £1bn funding.

  • Use windfall tax to improve energy efficiency of British homes, argues climate charity Ashden

    June 16, 2022

    The government should funnel revenues from the windfall tax into making the UK's housing stock more energy efficient, says Ashden.

  • Europe ramps up buys of South African coal amid supply security push ahead of Russia ban

    June 15, 2022

    European countries have ramped up purchases of South African coal to meet their energy needs, as the continent scrambles to secure supplies.

  • Western sanctions struggle to hit Russian revenues, reveals IEA report

    June 15, 2022

    Higher crude oil and fuel prices allowed Russian revenues to climb in May, revealed the International Energy Agency in its latest report.

  • BP buys hefty stake in $30bn renewable mega-project in Australia

    June 15, 2022

    BP has snapped up a chunky stake in a massive renewable energy project in Australia - which could become the largest green project in the world.

  • Steel can power UK’s energy ambitions, says Severfield boss

    June 15, 2022

    Steel has a vital role in boosting energy infrastructure and help power the transition to a greener economy, argued Severfield's boss.

  • Government finalises extension to coal power plant as winter crisis looms

    June 14, 2022

    The Government has secured an extension to operators at one of the UK's three remaining coal plants into next winter.

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