Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.
Octopus and Good Energy defend heat pumps amid backlash to oil boiler ban August 13, 2023 Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench MPs to slow down the shift from oil and gas.
Drax given biomass boost but support comes with strings attached August 10, 2023 Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.
Neptune Energy lowers investment expectations amid ‘increasingly volatile’ commodity prices August 10, 2023 Neptune Energy has downgraded expectations for investment amid increasingly volatile commodity prices and sustained inflationary pressure.
Gas prices surge over 25 per cent after Aussie oil and gas workers threaten to strike August 9, 2023 Gas prices in Europe skyrocketed today over fears of future supply disruptions after Australian oil and gas workers threatened strike action.
Labour risks green investment climate with ‘wobbling’ over net zero, energy boss warns August 9, 2023 The Labour Party needs to "stop wobbling" and commit to the "significant economic and social opportunity" presented by net zero, the boss of Good Energy has warned.
Eon warns energy crisis not over yet as it ramps up renewable spending August 9, 2023 There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.
Cornish Lithium secures vital £54m cash boost after warning of financial difficulties August 8, 2023 Cornish Lithium has secured a vital cash injection to boost its lithium ambitions, with fresh backing from a group of institutional investors.
The one winner from the UK’s miserable summer?… Wind turbines August 8, 2023 Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.
Energy system ‘broken’: Suppliers to rake in £1.7bn profits as millions of Brits grapple with sky-high bills August 8, 2023 Household energy suppliers are on course for profits bonanza over the next 12 months from customer bills, a new report suggests.