Ithaca Energy hesitates over stake in controversial Rosebank oil field April 3, 2023 Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, City A.M. understands.
OPEC surprises with further cuts to oil production amid demand fears April 2, 2023 Oil markets could enjoy robust trading tomorrow morning after OPEC announced surprise cuts to production today.
Recharge looks to rehire former Britishvolt execs as rescue deal falters April 2, 2023 Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.
Your City guide to this year’s must have chocolate Easter eggs: From exploding candy to hot cross bun flavoured treats March 31, 2023 We’ve nibbled, munched and even crunched some of this year’s chocolate Easter egg offerings, and we even tried a donut-egg; you’ll have to read on to find out how that fared. Here’s our review of the best and the worst Easter eggs you can buy this year; we’ve included City-based retailers as well as supermarket [...]
Drax shares fall after £2bn project misses out on UK carbon cash March 30, 2023 The owner of the UK's biggest power station is racing to secure a last-ditch lifeline for its £2bn carbon capture biomass project.
Ofwat clampdown on water exec bonus pay: Brits will NOT foot bill if performance targets missed March 30, 2023 Customers will not have to fund bonus payments if suppliers fail customer and environmental performance targets.
What was in ‘Green Day’? How has the energy sector responded? March 30, 2023 Grant Shapps outlined plans to boost the UK's green energy revolution this morning, but has faced strong blowback from the industry.
Green Day: Industry slams government over lack of new policies to rival US subsidies March 30, 2023 The UK risks falling behind its rivals in the global green energy race, after Whitehall’s latest raft of policies failed to cough up cash.
NAO questions Octopus’ finances after Bulb takeover – but deal will save the taxpayer money March 29, 2023 The UK’s public spending watchdog has raised concerns over Octopus' “weaker financial position than its rivals” following its takeover of Bulb.
Ovo Energy weighs up Shell takeover in bid to overtake Octopus and EON March 29, 2023 Ovo Energy is weighing up a potential takeover of Shell's household energy business which could boost its books with 1.4m more customers.
