Johnson urges OPEC to boost oil production to ease cost-of-living crisis July 4, 2022 Prime Minister Boris Johnson has urged the world's largest oil cartel to produce more oil to drive down prices and alleviate the cost of living crisis,
Takeover deal for UK Power Networks collapses after owner raises £15bn price tag July 4, 2022 The proposed takeover of Britain’s largest electricity distributor by a consortium led by KKR and Australia’s Macquarie.
Gold weighed down by hawkish Federal Reserve and resurgent US dollar July 4, 2022 The hawkish US Federal Reserve's response to soaring inflation and the strengthening of the US dollar continue to weigh down gold prices.
Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.
RAC urges Government to provide more support to UK drivers as petrol prices climb to new highs July 4, 2022 The RAC has urged the Government to provide more support for drivers, as petrol prices climbed to fresh records this weekend.
Backing fracking? Landmark report could resurrect lost industry this week July 3, 2022 The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.
Gove set for decision on Cumbrian coal mine July 3, 2022 The UK's first deep coal mine in more than thirty years could be given the green light this week, with Michael Gove weighing up a decision.
Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures July 3, 2022 Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.
British Gas owner Centrica begins dividend balancing act amid record household energy bills July 3, 2022 British Gas owner Centrica is expected to confirm its post-pandemic rebound with mega profits in its upcoming half-year results last this month.
Factories braced for energy rationing this winter amid fears Russia could turn off the taps July 3, 2022 Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.
