Gas prices soar as flows dip from key markets June 14, 2022 European gas prices have spiked again this morning amid both lower flows from Norway and Russia, and weak wind output.
Car industry in shock and fuel prices climb as government scraps all grants for electric vehicles June 14, 2022 There is widespread shock and surprise in the car industry this morning as the DfT said all grants for new EVs have been scrapped.
Oil and gas body launches UK’s first ever carbon storage licensing round June 14, 2022 Thirty million tonnes of CO2 could be permanently stored in rocks deep beneath the UK’s surrounding seas by the end of the decade.
Watchdog confirms review of petrol market as record prices put pressure on drivers June 13, 2022 The UK's competition watchdog has announced it will undertake a review into petrol station pricing, after a week of pain at the pumps.
Europe funds Russian war efforts as biggest buyer of Kremlin-backed fossil fuels June 13, 2022 Fossil fuels are filling the Kremlin's war chest and despite its sanctions, the EU remains its biggest buyer of energy supplies.
Oil prices flat as tight markets compete with dropping demand ahead of IEA report June 13, 2022 Oil prices have flatlined - with benchmarks being pulled from both directions by competing factors in a volatile market.
Government closes in on deal with EDF to extend life of coal plant as it scrambles to secure supplies June 13, 2022 The government is set to finalise an agreement to keep a coal-fired power station that was set to close, as it looks to ensure supply security this winter.
Gold prices dive as hawkish Federal Reserve prepares to counter inflation with interest rate hike June 13, 2022 Gold prices plummeted $20 per ounce today with growing expectations of a hefty basis point hike in interest rates from the Federal Reserve this week.
ATOME appoints engineer to oversee Paraguayan green project June 13, 2022 London-listed Atome Energy (ATOME) has named AECOM as the owner's engineer for its 60 MW renewable project in Paraguay.
SSE warns Sunak against expanding windfall tax to electricity generators June 12, 2022 SSE chief executive Alistair Phillips-Davies has warned the Chancellor Rishi Sunak against extending the windfall tax to electricity generators.
