UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
BP former boss Bernard Looney accused of promoting women from undisclosed romantic relationships October 2, 2023 Former BP boss Bernard Looney faces allegations he promoted women he was romantically involved with, according to the Financial Times.
Water industry woes make future challenges harder to fix October 2, 2023 The water industry is a national disgrace, making the tough choices it has to make over investment and water shortages even more difficult
Centrica’s share price suffers as analysts tell investors to take profits October 1, 2023 Centrica begins trading this week having suffered a sharp fall in its share price, with analysts calling on investors to cash in profits.
Oil markets confirm massive quarterly gains as OPEC+ sustain hefty supply cuts October 1, 2023 Oil markets have consolidated massive rallies over the third quarter of this year, powered by hefty output cuts from OPEC and its allies.
Ofgem’s energy price cap to fall – amid concerns households will pay 13 per cent more than last winter September 29, 2023 A fall in Ofgem’s energy price cap takes effect this weekend amid concerns households could still end up paying around 13% more than last winter. The regulator announced in August that the cap on a unit of gas and electricity would reduce the average bill from £2,074 to £1,923 for the three months from October [...]
Will Rosebank improve the UK’s energy security? September 28, 2023 Regulators yesterday gave the green light to start drilling at the largest untapped fossil fuel field in the North Sea - but will it boost the UK's energy security?
SSE launches £15m energy bill support fund for businesses as winter looms September 28, 2023 SSE has launched a £15m support fund to ease the pressure on businesses struggling with ultra-high energy bills this winter.
Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.
Ineos boss Sir Jim Ratcliffe slams UK’s ‘total lack’ of energy policy September 27, 2023 Ineos boss Sir Jim Ratcliffe has hit out at what he sees as the UK’s “total lack” of an energy policy, which he branded “completely irresponsible”.