Oil prices slump below $100 as IEA floods market and Shanghai lockdown cuts demand April 11, 2022 Oil prices have plummeted four per cent on both major benchmarks, with prices below $100 per barrel again after last month's rallies.
UAE-based Lamprell secures deal to provide floating foundations for £10bn Scottish wind farm April 11, 2022 UK firms have missed out on the chance to develop three 1GW offshore floating wind farms, with UAE-based Lamprell winning the bid.
EU pushes OPEC to boost oil output as bloc weighs up ban on Russian supplies April 11, 2022 European Union (EU) officials will hold talks with OPEC representatives today in Vienna, amid growing calls for the cartel to boost supplies.
Japan demands companies top up LNG to stave off supply shortages April 11, 2022 Japan has demanded domestic power companies top up liquefied natural gas (LNG) reserves and share energy resources.
PM bets big on nuclear but energy industry complains it’s too little in face of price crisis April 8, 2022 The supply security strategy failed to power optimism yesterday, with the energy industry warning it offered little to ease price concerns.
EON chief hammers government for failing to protect households April 7, 2022 The boss of EON has blasted the government's energy security strategy for failing to include plans to protect the poorest households.
Government slammed for failing to back onshore wind April 7, 2022 Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.
Boris Johnson: ‘Nuclear is coming home as UK will have a new reactor every year’ April 7, 2022 Prime Minister Boris Johnson said this morning “nuclear is coming home” as a result of the Government’s energy strategy. In a social media video to promote the plan, which is finally being released on Thursday after repeated delays and Cabinet wrangling, the Prime Minister said: “In the country that was the first to split the [...]
Energy strategy a ‘three, four, five year’ answer to crisis admits Business Secretary Kwasi Kwarteng April 7, 2022 Kwasi Kwarteng described the energy strategy as a medium-term response which will not affect the current cost-of-living crisis.
UK Energy Strategy: Experts weigh in on plans to transform the domestic energy sector April 7, 2022 Analysts and experts assess the state of the UK's energy sector with the government announcing plans to boost domestic production.