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Energy

  • Fossil fuel generation of UK electricity hits all-time low

    April 24, 2024

    Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per cent of UK electricity came from fossil fuel sources.

  • Serica Energy chief: ‘High commodity price windfall long gone’

    April 24, 2024

    Serica Energy today announced its first share buyback programme, totalling £15m.

  • Ithaca Energy to buy Eni’s UK assets for about £754m

    April 23, 2024

    North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.

  • Can I Get Help with a New Boiler if I Am Not On Benefits? Apply Today for Eco4 Funding

    April 23, 2024

    If you are wondering if it’s possible to get help with a new boiler if you are not on benefits, this post is for you. We are going to show you how you can claim free funding from the ECO4 scheme even if you are not a receipt of benefits such as Income Support or [...]

  • Shell and Total Energies reportedly mull stake in Middle East LNG super-project

    April 23, 2024

    UK oil and gas supermajor Shell is reportedly considering buying a stake in the Abu Dhabi National Oil Company's (ADNOC) liquefied natural gas (LNG) export project in the United Arab Emirates (UAE).

  • Free Boiler Grant UK 2024: Who Qualifies and How to Apply

    April 22, 2024

    The ECO scheme has officially entered into Phase 4 – ECO4 – and its new goals are to combat fuel poverty and reduce carbon emissions of the housing stock, by bringing low income families in Scotland, England and Wales free funding to upgrade their home’s heating system via the free boiler grant. Because the goal [...]

  • National Grid set to profit from Hunt’s full-expensing tax relief scheme

    April 18, 2024

    The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

  • UK firms to invest £338bn on re-industrialisation in next three years, research shows

    April 18, 2024

    Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.

  • Boiler Replacement Scheme Over 60s UK: Apply Now for Free Funding

    April 16, 2024

    Thanks to the boiler replacement scheme over 60s, you can upgrade your home’s heating system for free. Available for low-income and vulnerable households in Scotland, Wales and England, you can claim up to £7,500 in free funding for upgrading your entire home’s heating system, to make it more efficient, reduce the cost of energy bills [...]

  • Petrofac mulls equity issuance as it battles to stay afloat

    April 12, 2024

    Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.

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