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Energy

  • British Gas owner facing shareholder showdown over chief’s £4.5m bumper pay

    June 13, 2023

    British Gas owner Centrica has announced that the operating profits for its retail arm will be "significantly higher than in previous years."

  • Space-based solar to get an early lift off from the UK

    June 13, 2023

    Solar panels in space could help meet the UK's energy needs, with the government poised to announce funding for new projects.

  • FSB: Small firms need flexible payment options to ease energy bills burden

    June 12, 2023

    Thousands of small businesses are at risk of closure, if suppliers fail to offer firms more flexible options for paying off their energy bills.

  • UK burns coal for first time in 46 days as Brits turn on the air conditioning

    June 12, 2023

    Britain has started burning coal for electricity for the first time in a month and a half as demand for air conditioning spiked.

  • Hunt urged to ‘double down’ on backing offshore wind or risk falling behind rivals

    June 12, 2023

    The government needs to incentivise domestic offshore wind and support the industry so that the UK can compete with international rivals.

  • Oil prices drop below $70 per barrel as investors fear further Fed rate hike

    June 12, 2023

    Oil prices have fallen as investors fear further rate hikes from the Federal Reserve this week, when it meets to discuss interest rates.

  • Glencore makes fresh bid for Teck coal arm as takeover battle takes new twist

    June 12, 2023

    Glencore has redoubled its efforts to acquire Teck Resources, offering to buy its steelmaking coal business as a standalone company.

  • Barratt warns of skills shortage if solar panels made mandatory for new homes

    June 12, 2023

    The UK's biggest housebuilder has warned of a skills shortage in the country's solar panel sector, arguing that there would need to be significant boost in training for new technicians if the government decides to make the installation of solar panels mandatory for new-build houses.

  • Labour’s energy agenda needs a solution for the UK’s oil and gas demands

    June 12, 2023

    Labour's energy manifesto needs a solution for the UK's oil and gas needs if the opposition are fit for government.

  • Labour would slash planning red tape in green energy bid

    June 11, 2023

    Labour would slash planning regulations in a reported bid to boost Britain’s green energy construction of wind farms and nuclear plants.

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