Hospitality body calls for compromise over energy bills as firms face winding-up orders December 5, 2022 Energy firms should offer compromise solutions if business customers are struggling, argued the hospitality trade body’s chief.
OPEC+’s production cuts reveal unsteady markets, say oil experts December 5, 2022 OPEC+'s decision to maintain its hefty output cuts reflects a lack of stability in global oil markets, argued analysts.
Germany unveils £2.5bn gas deal with Trafigura to ease energy crisis December 5, 2022 Germany has secured a long-term gas deal with commodities specialist Trafigura to shore up its energy supplies over the coming winters.
Exclusive: Ofgem is ‘overcompensating’ for its failures, warns energy boss December 5, 2022 Ofgem's flurry of reforms to the energy sector could stop new ideas from entering the market warned the boss of Good Energy.
Ofwat to focus on credit ratings as it defends lack of debt limits for water suppliers December 2, 2022 Boosting the financial resiliency of each water supplier is more important than taming overall sector debt, argued Ofwat.
Utilita boss fears Big Six advantage as he slams Ofgem reforms December 2, 2022 Ofgem risks stifling innovation and preventing energy firms from finding a pathway to profit, warned the boss of Utilita Energy.
EDF secures further funding for Hinkley Point C in new settlement December 1, 2022 EDF has secured 14 years of funding for the UK's upcoming nuclear plant Hinkley Point C in case of the risk of further delays.
Total Energies slashes £100m from North Sea plans after windfall tax December 1, 2022 Total Energies plans to cut its investment by a quarter next year, after the Government tightened the windfall tax last month.
Poles apart? EU closes in on Russian oil price cap but awaits Poland’s approval December 1, 2022 The EU is poised to agree a $60 price cap for Russian seaborne oil shipments, with Poland the only remaining holdout.
Windfall tax hampers investment says OEUK, as Harbour falls off FTSE 100 December 1, 2022 The Government's decision to toughen the windfall tax has made companies and investors "reassess their plans for the future."
