Household energy bills to rise 54 per cent to nearly £2,000 per year February 3, 2022 Household energy bills will rise to £,1971 per year from April 1, after Ofgem announced its latest update to the consumer price cap.
Rishi Sunak to offer council tax rebates and cuts to protect households from rising energy bills February 3, 2022 The Treasury is preparing a council tax rebate scheme as part of Chancellor Rishi Sunak's plans to ease the pressure on UK households this spring.
Centrica chief executive named as chairman of Spirit Energy in management shake-up February 2, 2022 Centrica's chief executive Chris O'Shea has been named chairman of Spirit Energy's board, with the energy firm shaking up its senior team.
Ofgem to unveil new price for household energy bills tomorrow February 2, 2022 Market regulator Ofgem is set to announce the latest adjustment to the price cap tomorrow, amid fears of household bills rising 50 per cent.
Government plans £6bn loan scheme to protect households from soaring energy bills February 2, 2022 Downing Street will offer struggling energy companies access to billions of pounds in state-backed loans, according to The Times.
Longboat Energy shares tumble after it abandons hydrocarbon project February 2, 2022 Shares in Longboat Energy have dropped 11 per cent after its exploration project failed to find hydrocarbons.
Volatile energy prices set to continue into the next decade February 1, 2022 The conditions for volatile wholesale energy prices could continue into the next decade, argues energy specialist Cornwall Insight.
ExxonMobil records strong profits after cost-cutting measures February 1, 2022 Exxon Mobil has revealed full-year profits of $23bn, following a strong fourth-quarter of trading and successful cost cutting measures.
Treasury brings in super tax to prevent energy owners cashing out February 1, 2022 The Government has subtly introduced a new "super tax" to deter energy company owners from cashing out lucrative gas contracts.
Sureserve Group secures £20m deal with Tower Hamlets Homes February 1, 2022 Sureserve Group (Sureserve) has signed a 10-year £20m agreement with Tower Hamlets Homes to provide domestic gas services for its council houses. The wholly owned subsidiary K&T Heating Services (K&T) will provide domestic gas servicing, repair and installation for properties managed by the group. The deal will commence at the start of April and is [...]