Exclusive Q&A: Ramboll on hydrogen’s role in the UK energy sector August 5, 2022 City A.M. sits down with John Mullen, UK Energy Market Director at Ramboll to discuss the viability of domestic hydrogen production.
Households face two painful energy bill hikes this winter as Ofgem confirms quarterly price cap August 4, 2022 The consumer price cap will be updated four times a year rather than twice, raising the prospect of painful hikes in energy bills this winter.
BP’s profits bonanza reignites windfall tax debate with energy bills set for painful spike this winter August 3, 2022 BP unveiled bumper profits powered by soaring oil and gas prices yesterday, as households brace for painfully high energy bills this winter.
Can hydrogen boost the UK’s energy security? August 2, 2022 The Government’s supp;y security strategy gives a clear role for low-carbon hydrogen, but what role can it play in our energy sector?
G7 weighs up proposals to block transport of Russian oil supplies August 2, 2022 The G7 is considering plans to block the transporting of Russian oil unless it heeds a price cap, amid a supply crunch in Europe.
BP boss confirms higher taxes in line with profits as Labour calls for investment relief to be scrapped August 2, 2022 BP boss Bernard Looney has confirmed the energy company will be paying more taxes in line with near-record quarter results.
Wonks: Power prices won’t ease until 2028 despite renewable ramp-up August 2, 2022 Power prices will take five years to plateau, according to the latest market outlook from energy specialist Cornwall Insight.
Rio Tinto completes sale of Cortez Gold Royalty for $525 million in cash August 2, 2022 Rio Tinto has completed the sale of a package of royalties, including a stake in the Cortez mine operational area to RG Royalties in a $525m deal.
Ultra-high energy bills are here to stay, warns Cornwall Insight August 2, 2022 Household energy bills will remain historically elevated into 2024, revealed Cornwall Insight, meaning Brits will be under sustained pressure.
Keller Group builds record profits despite inflationary headwinds August 2, 2022 Keller Group have reported record earnings for the first six months of trading this year, despite inflationary pressures and supply chain disruptions.
