BP rebounds with 30-fold increase in profit amid surging oil prices February 8, 2022 Oil and gas giant BP has rebounded with fourth-quarter profits of $2.3bn and a replacement cost profit of $4.1bn.
Oil prices take a breather after multiple market rallies February 8, 2022 Oil prices have eased today ahead of the resumption of indirect talks between the US and Iran, which may revive the nuclear deal
B.P Marsh boosts dividend nearly 14 per cent after strong sales February 8, 2022 Niche venture capital provider B.P Marsh has increased its dividend 13.9 per cent after offloading assets above previous value expectations
Ofgem boss to face grilling from MPs as price cap comes under fresh scrutiny February 8, 2022 MPs will put the consumer price cap under scrutiny in Westminister today after Ofgem’s decision to hike energy bills to nearly £2,000 per year.
Biden: Nord Stream 2 pipeline will be halted if Russia invades Ukraine February 8, 2022 The Nord Stream 2 gas pipeline will be halted if Russia invades Ukraine, announced US president Joe Biden yesterday.
Consumer price cap hike reflects ‘severity of the crisis’ February 3, 2022 The "severity of the energy crisis" is now becoming a reality for 22m households, argued USwitch's Justina Miltienyte.
Households face painful hike in energy bills amid deepening cost of living crisis February 3, 2022 Households will suffer an eye-watering £700 hike to their energy bills this spring, after Ofgem raised the price cap by over 50 per cent.
Shell’s profits boom as high oil prices drive up earnings February 3, 2022 Shell reported soaring profits yesterday, powered by hefty revenues amid tightening markets and rebounding demand.
Ofgem to roll out new measures to reform energy sector February 3, 2022 Ofgem will announce new measures tomorrow after dealing UK households a heavy £700 blow to their energy bills.
Shell CEO dismisses calls for windfall tax to reduce household energy bills February 3, 2022 Shell's chief executive Ben van Beurden has pushed back against rising calls for a windfall levy to ease the burden on energy consumers.
