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Energy

  • UK risks net zero goals without end date for North Sea oil and gas projects

    March 25, 2023

    The UK needs to accelerate plans to cut emissions in the North Sea or risk its net zero goals, warned the chair of a panel of MPs.

  • Scotland’s £260m offshore wind winners set to cut North Sea carbon emissions

    March 25, 2023

    13 companies have been awarded leases to develop offshore wind to supply power to North Sea oil and gas platforms.

  • Visas for people fleeing disasters caused by climate change, suggests think tank

    March 24, 2023

    The UK should provide visas for people fleeing natural disasters caused by climate change, a think tank has said.

  • 370,000 small businesses at risk of downsizing and closures next month, warns industry group

    March 24, 2023

    Hundreds of thousands of small businesses are at risk when support for energy bills is slashed next month, warns a leading industry group.

  • Businesses need ‘carrot and stick’ to boost energy efficiency and drive down bills, Npower argues

    March 22, 2023

    Businesses need help to drive down bills and meet the UK's net zero goals, argued the COO of Npower Business Solutions.

  • Shell will defend ESG targets to shareholders ahead of activist showdown

    March 22, 2023

    Shell will defend its lack of scope three emission targets at its annual ESG update tomorrow, City A.M. has learned.

  • Cost of UK energy imports more than doubles as North Sea body urges government to back British oil and gas

    March 22, 2023

    The UK’s energy import bill more than double last year, amid an increasing reliance on overseas supplies, revealed Offshore Energies UK.

  • Trafigura and Vitol could step up trade in Russian oil, CEOs admit

    March 22, 2023

    Global energy traders Trafigura and Vitol are considering whether to resume more trade in Russia's oil, their CEOs said yesterday.

  • Rolls-Royce joins forces with Fortum to explore SMR projects

    March 22, 2023

    Rolls-Royce SMR has teamed with Fortum up to explore opportunities to develop small modular nuclear reactors in Scandinavia.

  • Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings

    March 22, 2023

    The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.

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