British Gas owner Centrica pledges to protect £300m customer deposits February 17, 2022 British Gas owner Centrica has said it is committed to protecting its customers' deposits - which currently stand at near £300m.
Europe’s LNG terminals near full-capacity amid deepening tensions between Russia and the West February 17, 2022 Most of Europe's liquefied natural gas terminals have been topped up to full capacity again, following an influx of supplies from the US.
Gazprom’s oil arm revels in record profits as the West warns Russia about sanctions February 17, 2022 Gazprom Neft has reported recorded profits while the West warns Russia of sanctions against key companies if it invades Ukraine.
Red Alert: Government holds Cobra meeting amid fears of disruption from Storm Eunice February 17, 2022 The government is holding an emergency Cobra meeting to discuss its response to escalating concerns over Storm Eunice.
Oil rallies stutter as US-Iran talks reach final stages February 17, 2022 Oil prices have dropped this morning as talks to revive the aborted nuclear deal with Iran have progressed over recent days.
Ofgem challenged by administrators over suppliers’ billions February 16, 2022 Ofgem is under pressure from a trio of administrators that are challenging its status as a creditor in multiple energy firms.
Barrick Gold unveils $1bn share buyback scheme amid rising copper production February 16, 2022 Barrick Gold has announced a $1bn share repurchase scheme, alongside a six per cent rise in its fourth quarter profits.
Russia prepared to re-route gas flows if punished with sanctions February 16, 2022 Russian finance minister Anton Siluanov has warned the country could shift supplies to other markets if it is hit with sanctions.
Hydrogen group raises £30m in stellar debut on London Stock Exchange February 16, 2022 UK-based green hydrogen group CPH2 has raised £30m on the London Stock Exchange during its first day of trading on the AIM market.
Suppliers could be charged for luring new customers under fresh Ofgem intervention February 16, 2022 Energy suppliers could be forced to pay a levy when acquiring new customers, under freshly announced time-limited measures unveiled by Ofgem. The regulator has intervened further in the energy industry, with the introduction of the market stabilisation charge. It will mean that when suppliers attract customers from an existing energy firm, they will have to [...]
