Renewable revenue cap risks supply security and higher energy bills October 24, 2022 A cap on low carbon generator revenues jeopardises supply security and condemns customers to high energy bills, warns Energy UK.
Don’t back Ukraine on Twitter if you can’t face blackouts, says City grandee October 23, 2022 Brits should ditch their social media support for Ukraine if they are unwilling to face blackouts this winter, warned Lord Adair Turner.
Shell takes second stake in Qatar’s mega LNG project October 23, 2022 Shell is investing in the second phase of a mega LNG project in Qatar, just three months after buying into the initial stages of the development.
Exxon Mobil to unveil monster profits powered by oil and gas boom October 23, 2022 Exxon Mobil is expected unveil another quarter of monster profits powered by high natural gas prices next week.
Bulb bidder Ovo Energy was on Ofgem’s nationalisation watchlist October 23, 2022 Ofgem was preparing for the potential nationalisation of Ovo Energy this summer, with the supplier considered at risk of failure.
Russia targets Ukraine’s energy grid with massive strikes October 23, 2022 Russia has launched a fresh wave of attacks on Ukraine, targeting the country's energy grid with a "new massive strike."
Can carbon capture boost supply security and the UK’s green agenda? October 21, 2022 Carbon capture and storage could provide the UK genuine assistance as it shifts itself from gas to renewables, argues the North Sea sector.
Uniper in need of another cash boost as Germany scraps gas levy October 20, 2022 Uniper is in need of another hefty cash injection after a previous scheme to help finance the ailing importer was scrapped.
Oil prices remain firm as China considers easing Covid-19 restrictions October 20, 2022 Oil prices have risen slightly on both major benchmarks, amid reports China is considering easing Covid-19 quarantine measures.
Booming oil and gas prices power Woodside Energy to record revenues October 20, 2022 Woodside is revelling in record revenues, powered by firmer energy prices and its merger with BHP Group's petroleum assets.