IEA suggests countries could turn to coal amid soaring gas prices January 31, 2022 European gas demand could decline this year as high prices make coal more competitive for power generation, according to the IEA.
Six in ten FTSE 350 companies fail to fully comply with governance code January 31, 2022 Sixty per cent of FTSE 350 companies are not fully compliant with the UK’s Corporate Governance Code, according to new research from Thomson Reuters.
UK windfarms generate record amount of electricity from Storm Malik January 30, 2022 Windfarms across the country providing a record amount of renewable electricity over the weekend as Storm Malik hammered parts of England and Scotland.
Energy bills could spiral to almost £2,000 per year warns Cornwall Insight January 30, 2022 The consumer price cap will rise to £1,897 per annum for April, according to the latest gloomy forecasts from energy specialists Cornwall Insight.
Centrica under pressure from activist investors as energy crisis deepens January 30, 2022 The owner of British Gas is dealing with mounting pressure from activist investors looking to take advantage of energy sector volatility.
Oil remains at $90 per barrel amid growing geopolitical turmoil January 30, 2022 Brent Crude and WTI Crude have consolidated their gains from rallies this week, as concerns over tightening supplies this year continue to fester.
Exclusive: Utilita boss slams government meddling in energy market January 29, 2022 Utilita Energy’s chief executive Bill Bullen has called for the government to stop tampering with the market and help consumers through welfare.
Octopus Energy faces £100m blow from market meltdown January 29, 2022 Octopus has warned it is facing a hefty bill from the energy crisis, as it absorbs the impact of the price cap and soaring wholesale costs.
British Gas to offer struggling customers £750 payments to help with energy bills January 27, 2022 British Gas customers could receive up to £750 to help with their energy bills, with the price cap expect to rise by 50 per cent later this year.
BP hires renewable specialist to head new offshore wind division January 27, 2022 Oil and gas giant BP is set to appoint an executive from Danish wind power firm Orsted to head its new offshore wind division according to Reuters.