Oil toils: Crude prices tumble as global banking chaos triggers recession fears March 20, 2023 Both major oil benchmarks have plummeted in this morning's trading, with investors spooked over the instability in the banking sector.
Ofwat clamps down on dividend payments for water suppliers who won’t clean up their act March 20, 2023 Ofwat will be able to stop the payment of dividends if they risk the financial resilience of water companies.
Ofwat and the Environment Agency must have the willpower to fix the water industry March 20, 2023 The heads of both leading watchdogs for the water industry were grilled in Parliament last week by MPs, amid concerns over sewage leaks.
‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget March 19, 2023 The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.
Gold price rallies as safe haven asset is boosted by contagion from US banking fallout March 17, 2023 Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility in the US banking sector.
Oil prices show signs of recovery after banking crisis subsides and commodity investors reassured March 17, 2023 Oil prices suffered their biggest weekly falls since December as a banking crisis rocked financial markets and spooked investors.
Ofgem smacks supplier with £2.1m mega-fine for overcharging customers March 17, 2023 Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.
UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low March 16, 2023 Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.
Energy bosses urge Hunt to bring in social tariff to support vulnerable households March 16, 2023 Energy bosses have called for a social tariff to ease pressure on households facing record bills, with Hunt extending support in the Budget.
