British Gas boss slams rivals for not supporting plans to ringfence credit balances June 7, 2022 British Gas hits out at rival firms not backing its plans to ringfence the credit balances of customers, as part of plans to toughen up the energy sector.
Mystery deepens as Brit vanishes deep in Brazil’s Amazon rainforest after receiving death threats June 7, 2022 It is increasingly unclear what has happened to British journalist Dom Philips, who went missing in de Amazon rainforest on Sunday. Phillips, 57, and Bruno Araújo Pereira, a Brazilian adviser at the Univaja association of people in the Vale do Javari Indigenous territory, were last seen early on Sunday in the Sao Rafael community, according [...]
Oil prices could take seven years to calm down, warn industry experts June 7, 2022 Oil prices could take seven years to return to normal levels, warned energy analysts, reducing the prospect of the windfall tax being lifted early.
Oil markets volatile as Saudi Arabia hikes crude prices June 7, 2022 Oil prices continued to hover around the $120 milestone, after Saudi Arabia raised its July crude prices amid tightening supplies.
Serica Energy ramps up investment plans to offset windfall tax June 6, 2022 Serica Energy is planning to spend its way out of a tax bill, after the government imposed a hefty new levy on North Sea oil and gas operator.s.
Kwarteng considers support for steelmakers as rising energy costs bite June 6, 2022 Steelmakers and other industrial manufacturers could be offered financial support from the government to ease spiralling energy costs.
Germany faces €5bn bill after Russia sanctions Gazprom division June 6, 2022 Russian sanctions against Gazprom Germania could cost Germany an extra €5bn a year to pay for replacement gas supplies.
RAC urges more support for drivers amid near-record petrol price spike June 5, 2022 Petrol prices rocketed over 10p last month, the second largest monthly rise on record, putting more pressure on road users.
Households to be offered green alternatives on new app June 5, 2022 Households will be able to determine which products are the least climate friendly through a new smartphone app.
Energy bills to close in on £3,000 per year this winter June 5, 2022 Energy bills could spike to nearly £3,000 per year in the depths of winter, when energy demand will be at its highest, warned Cornwall Insight.