EU brings in windfall tax but bloc divided over gas price caps October 1, 2022 The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.
British Steel’s Chinese owners push for Government bailout October 1, 2022 The owners of British Steel are seeking an urgent package of financial support from taxpayers, according to Sky News.
Energy bills rise to record highs despite Government support October 1, 2022 Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.
Rail strikes: Brits face worst disruption to rail network in decades October 1, 2022 The biggest rail strike in decades threatens to grind the the network to a halt today, forcing Brits to make new travel plans.
Exclusive: UK still at risk of blackouts, warns energy forecaster October 1, 2022 The UK could still face blackouts this winter, despite easing gas prices and Europe's topping up of energy storage.
North Sea body holds talks over security after Nord Stream sabotage September 29, 2022 OEUK has been discussing North Sea security plans with government bodies amid increasing political tensions in Europe.
Germany rolls out £177bn support package to ease soaring energy bills September 29, 2022 Chancellor Olaf Scholz has stepped in with a historic support package to support households and businesses from soaring energy prices.
NATO condemns ‘reckless sabotage’ to Nord Stream pipeline September 29, 2022 NATO has slammed the potential sabotage of the Nord Stream pipelines, but stopped short of blaming Russia.
Capricorn scraps Tullow deal in favour of merger with New Med Energy September 29, 2022 Capricorn has dramatically ditched its merger with rival Tullow, instead reaching an agreement with Israeli gas group New Med Energy.
Nuclear industry group encourages EDF to extend life of power plants September 29, 2022 The Nuclear Industry Association has welcomed EDF's intention to extend the lifespan of two of its domestic nuclear power projects.
