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Energy

  • Kwarteng backs steel tariffs and labels the crisis-hit sector as a ‘strategic’ industry

    June 28, 2022

    Steel is an important "strategic industry" argued Business Secretary Kwasi Kwarteng, defending the governm

  • Kwarteng plays down prospect of blackouts this winter amid supply crunch fears

    June 28, 2022

    Business Secretary Kwasi Kwarteng has played down the prospect of a winter blackout, dismissing the scenario as an "extreme possibility."

  • Fossil fuels spared emissions checks as UK scrambles for supplies ahead of winter

    June 28, 2022

    Fossil fuel plants could be excluded from emissions checks, as the Government races to secure energy supplies ahead of winter.

  • Petrofac pushes for post-pandemic rebound as Covid-19 bites into profits

    June 28, 2022

    Energy giant Petrofac is targeting a strong order intake in the second half of the year, as it grapples with lingering impact of the pandemic.

  • Extending windfall tax to renewables will jeopardise investment warns RWE boss

    June 28, 2022

    RWE boss has warned energy firms will reconsider investment plans in the North Sea if the UK expands its windfall tax to electricity generators.

  • Brits paid to use less energy to avoid winter blackouts

    June 27, 2022

    Brits could be paid to use less electricity at peak times this winter, under plans from the National Grid to reduce the risk of blackouts this winter.

  • G7 pledges to cap Russian oil as West ramps up sanctions on Kremlin

    June 27, 2022

     The Group of Seven is preparing to cap Russian oil as part of a fresh package of sanctions in response to Russia's invasion of Ukraine.

  • Bulb Energy: Bidding war lights up as Centrica pulls out of race for fallen energy firm

    June 27, 2022

    The bidding process for the UK's seventh biggest energy firm has taken another dramatic turn, with Centrica pulling out of the running.

  • Wärtsilä and SSE team up to boost grid with giant battery

    June 27, 2022

    Wärtsilä has joined forces with UK energy giant SSE to build a low-carbon 50 MW/ 100 MWh energy storage system in Salisbury, Wiltshire.

  • Exclusive: Ukraine faces supply shock this winter without more support

    June 27, 2022

    Ukraine needs urgent financial support from its Western allies to prevent people freezing to death this winter, warned state supplier Naftogaz.

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