North Sea round-up: Harbour Energy announces cash bonanza while Shell keeps Cambo stake March 17, 2022 Harbour Energy, the biggest oil and gas producer in the UK North Sea, has revealed it should generate up to $1.7bn (£1.29bn)
Businesses could waste over £30bn worth of energy this year March 17, 2022 eEnergy says UK businesses waste £33.9bn worth of energy in 2022, enough to power Greater London for over seven years.
Ceres flies flag for green hydrogen with increasing revenue in 2021 March 17, 2022 Ceres Power Holdings, which produces fuel cell and electrochemical technology, experienced a 44 per cent increase in revenue last year, in part thanks to a £179m fundraising campaign to support green energy. The firm benefited from handing out major contracts, registering a £250m in cash and investments, up from £110m in 2020. Its successful fundraiser [...]
For God’s sake: Church of England puts pressure on Total Energies over Russia ties March 16, 2022 The Church of England has urged Total Energies (Total) to reconsider its decision not to exit Russia, following the country's invasion of Ukraine.
Think tanks call for government to ensure secure gas supplies as market crisis deepens March 16, 2022 Think tanks call on government must ensure gas supplies are resilient this winter following Russia's invasion of Ukraine and spiking wholesale costs.
Energy leaders urge governments and central banks for emergency assistance March 16, 2022 European energy leaders have called on governments and central banks to provide emergency assistance amid a commodities boom.
Octopus Energy calls on government to speed up wind power developments March 16, 2022 Octopus Energy (Octopus) has called on the government to cut red-tape and speed up the building process for ramping up wind power in the UK.
EU aims to boost gas supplies and reduce reliance on Russia March 15, 2022 All members of the European Union (EU) will have to collectively ensure gas stores are 90 per cent full by October each year.
Ofgem considers halving price cap implementation period March 15, 2022 Ofgem has revealed it could halve the implementation period for the price cap - cutting it down from two months to one month.
LME confirms price limits for nickel trading when markets reopen tomorrow March 15, 2022 Trading in nickel contracts on the London Metal Exchange will resume tomorrow - albeit with strings attached.