Total Energies teams up with Chinese oiler to invest $10bn in Uganda and Tanzania February 2, 2022 Total Energies and CNOC have brokered a deal with Uganda and Tanzania to invest more than $10bn in developing crude oil production in East Africa.
Ofgem to unveil new price for household energy bills tomorrow February 2, 2022 Market regulator Ofgem is set to announce the latest adjustment to the price cap tomorrow, amid fears of household bills rising 50 per cent.
EU emissions trading rises to record highs in volatile energy market February 2, 2022 Prices in European Union (EU) emissions trading have reached record highs amid increased demand for allowances, and fears of gas supply shortages as tensions fester between Russia and the West over the future of Ukraine. The EU Emissions Trading Schemes recorded prices just shy of €93 per ton this morning. Demand for electricity across the [...]
Government plans £6bn loan scheme to protect households from soaring energy bills February 2, 2022 Downing Street will offer struggling energy companies access to billions of pounds in state-backed loans, according to The Times.
Longboat Energy shares tumble after it abandons hydrocarbon project February 2, 2022 Shares in Longboat Energy have dropped 11 per cent after its exploration project failed to find hydrocarbons.
This is not just a settlement: M&S agrees deal with Aldi over caterpillar cake February 1, 2022 Marks & Spencer has settled a long-running copyright dispute with Aldi over its iconic Colin the Caterpillar cake.
Government gives the green light to new North Sea oil and gas field February 1, 2022 A new oil and gas development in the North Sea was approved by the government yesterday, despite environmental concerns.
UK reaches new agreement with CO2 industry to ensure continued supplies February 1, 2022 The carbon dioxide industry has reached an agreement to ensure UK businesses have continued access to sustainable supplies.
Volatile energy prices set to continue into the next decade February 1, 2022 The conditions for volatile wholesale energy prices could continue into the next decade, argues energy specialist Cornwall Insight.
ExxonMobil records strong profits after cost-cutting measures February 1, 2022 Exxon Mobil has revealed full-year profits of $23bn, following a strong fourth-quarter of trading and successful cost cutting measures.
