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Energy

  • Atome Energy shares leap after Baker Hughes snaps up stake 

    May 22, 2023

    Atome Energy’s share price jumped over 10 per cent this morning after US oil services company Baker Hughes snapped up a 6.6 per cent stake

  • Enough with excuses, energy suppliers must up their game

    May 22, 2023

    Ofgem will meet to establish the latest update to the price cap, meaning a potential 30 per cent reduction in energy bills this summer.

  • Suppliers must improve customer performance after energy crisis

    May 22, 2023

    Ofgem will meet this week to establish the latest update to the quarterly price cap, with energy suppliers under more scrutiny.

  • Ovo and Good Energy to pay £4m compensation for overcharging customers during energy crisis

    May 18, 2023

    Ovo Energy and Good Energy are set to pay £4m in compensation after overcharging customers during the energy crisis.

  • ‘Polite queuing’ will not decarbonise energy grid, says Ofgem boss

    May 16, 2023

    Britain will not achieve its ambition to decarbonise the electricity grid by the mid-2030s with the current system of “polite queuing."

  • National Grid needs ‘tens of billions’ to hit net zero goals, boss warns

    May 14, 2023

    UK's electricity network needs tens of billions of pounds of investment to hit net zero goals, says National Grid boss John Pettigrew

  • UK looks to butter up NIMBYs with energy bill discounts for supporting new onshore wind

    May 11, 2023

    Households living near prospective onshore wind turbines could be offered lower energy bills in exchange for supporting new projects.

  • John Wood Group’s revenues rise as Apollo deal deadline looms

    May 11, 2023

    John Wood Group said on Thursday its quarterly revenue rose on the back of a steady demand across its business units.

  • High power prices boost Engie earnings in first quarter

    May 11, 2023

    French energy company Engie on Thursday reported a rise in first-quarter earnings, buoyed by high European power prices.

  • BNP Paribas stops financing new oil and gas fields in green clampdown

    May 11, 2023

    BNP Paribas has announced it will no longer provide any financing dedicated to new oil and gas fields as it shifts to a net zero world.

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