Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
SSE reports higher than expected earnings amid £2.5bn investment drive November 15, 2023 London-listed energy giant SSE reported higher than expected half year earnings this morning.
How Crude: Weak demand pushes oil prices below $80 per barrel November 9, 2023 Oil prices have shown signs of recovery in today's session, after dipping below $80 per barrel last night, with markets weighed down by easing demand.
Former energy minister refuses to back King’s Speech over oil and gas plans November 9, 2023 The Government has proposed the Offshore Petroleum Licensing Bill, which would mandate licences for oil and gas projects in the North Sea on an annual basis.
GE Hitachi: UK bid to treble nuclear generation capacity is ‘significant task’ November 9, 2023 The government must ensure stability in the UK’s investment climate if it wants to revive the country’s nuclear ambitions, GE Hitachi warns.
Energy suppliers to cough up £10.8m after missing smart meter targets November 9, 2023 Some of the UK's biggest energy suppliers have agreed to cough up £10.8m in redress payments, after missing smart meter targets.
Coutinho: Sunak was right to water down green pledges November 8, 2023 The Prime Minister was "exactly right" to row back on green pledges, energy security and net zero secretary Claire Coutinho has said.
Eon posts £6.8bn profit – but earnings to slide as gas prices fall November 8, 2023 European energy giant Eon is predicting a hefty downturn in profits during its fourth quarter of trading across its retail division.
Energy suppliers must do more to help firms tied to brokers this winter November 7, 2023 Energy suppliers should be looking to help all of its business customers survive the winter including firms tied to third party deals, FSB warns.
EDF prepared to work with nuclear rivals as French energy giant commits to UK November 7, 2023 There is room for multiple winners in the race to build mini-nuclear power plants in the UK, EDF told City A.M.