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Energy

  • 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.

  • Businesses exposed to deepening energy crisis warns Cornwall Insight

    July 3, 2022

    The "cost of living crisis" could escalate to a "cost of doing business" crisis this winter, warned energy specialist Cornwall Insight.

  • Energy firms warned by watchdog to improve record low customer service standards

    July 3, 2022

    Citizens Advice has called on energy firms to improve their customer service levels ahead of expected rises in the price cap and the cold winter months.

  • Lights Out: Bulb boss finally exits lucrative role months after supplier entered administration

    June 30, 2022

    Hayden Wood finally announced plans to step down from his lucrative role as chief executive of collapsed supplier Bulb Energy at the end of July.

  • Government hosts roundtables with industry leaders as it pushes for carbon capture expansion

    June 30, 2022

    Kwasi Kwarteng hosted a roundtable with industry leaders and investment groups today amid a Government push for carbon capture technology.

  • IEA calls for global nuclear boost to reach net zero goals and supply security

    June 30, 2022

    The IEA has warned nuclear capacity needs to double over the next three decades to reach net-zero targets and to secure energy independence.

  • EU draws record gas supplies from UK as National Grid reveals emergency plan to cut flows to Europe

    June 30, 2022

    The UK has exported record amounts of gas to the continent since March as EU member states scramble to fill their gas reserves ahead of winter.

  • Octopus inks Dutch deal as it stretches tentacles across Europe

    June 29, 2022

    The generation arm of Octopus has stretched its tentacles into another country, expanding its presence across Europe.

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