Businesses could waste over £30bn worth of energy this year March 17, 2022 eEnergy says UK businesses waste £33.9bn worth of energy in 2022, enough to power Greater London for over seven years.
Lukoil board members step down from roles March 17, 2022 Three international board members of Russian petroleum giant Lukoil have left the company today. This includes Roger Munnings, chairman of the Russian-British Chamber of Commerce, Toby Gati, member of the US-Russia Business Council (USRBC), and former Austrian Federal Chancellor Wolfgang Schüssel, president of TTG Global. The oil company’s board of directors now consists of eight [...]
For God’s sake: Church of England puts pressure on Total Energies over Russia ties March 16, 2022 The Church of England has urged Total Energies (Total) to reconsider its decision not to exit Russia, following the country's invasion of Ukraine.
Think tanks call for government to ensure secure gas supplies as market crisis deepens March 16, 2022 Think tanks call on government must ensure gas supplies are resilient this winter following Russia's invasion of Ukraine and spiking wholesale costs.
Energy leaders urge governments and central banks for emergency assistance March 16, 2022 European energy leaders have called on governments and central banks to provide emergency assistance amid a commodities boom.
Oil prices dip below $100 per barrel as Ukraine-Russia draw up neutrality plan March 16, 2022 Brent Crude prices plunged below $100 again today amid reports Russia and Ukraine have made progress on a 15-point peace plan.
Octopus Energy calls on government to speed up wind power developments March 16, 2022 Octopus Energy (Octopus) has called on the government to cut red-tape and speed up the building process for ramping up wind power in the UK.
IEA warns of supply deficits with Russian oil isolated from global markets March 16, 2022 The world is set for a supply deficit of 700,000 barrels per day in the second quarter of this year, according to the IEA.
EU aims to boost gas supplies and reduce reliance on Russia March 15, 2022 All members of the European Union (EU) will have to collectively ensure gas stores are 90 per cent full by October each year.
Ofgem considers halving price cap implementation period March 15, 2022 Ofgem has revealed it could halve the implementation period for the price cap - cutting it down from two months to one month.
