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.
Centrica withdraws from Bulb auction as bidding deadline approaches June 26, 2022 British Gas owner Centrica has withdrawn from the auction to snap up collapsed energy provider Bulb in a blow to government’s efforts to find a buyer for the firm.
Low-quality gas could be used to ease energy crisis June 25, 2022 Lower quality gas could be flowing through Britain's pipelines this winter, with the Government scrambling to secure energy supplies.
Root and branch failure: Government set to miss tree planting targets June 25, 2022 The government has 'zero chance' of reaching its tree planting targets, the UK's forestry trade body has warned.
Exclusive Q&A: Germany should not boost coal to fend off supply shortages argues Wärtsilä June 24, 2022 A Finnish power giant has called for Germany to ramp-up LNG supplies to avoid increasing its dependence on coal supplies.
Energy giant Centrica turns to hundreds of former soldiers in push to greener energy June 24, 2022 Centrica is planning to hire about 500 former soldiers, sailors, and air force personnel by the end of next year as it looks to transition to Net Zero. The energy giant will recruit them into engineering roles across British Gas and the wider group as the company aims to reach Net Zero by 2045. Greg [...]
Sunak struggles to appease North Sea oil and gas sector amid windfall tax fury June 23, 2022 Chancellor Rishi Sunak failed to appease the UK's oil and gas industry at a roundtable earlier today, with the sector still furious over the windfall tax.