‘If we’re serious about growth this is the lever to pull’, says Treasury adviser – as founders feel undervalued
Octopus completes Bulb Energy takeover after year-long saga December 21, 2022 Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers after year-long saga.
UK will be scrambling for gas when the wind doesn’t blow, warns expert December 21, 2022 The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts, warns expert.
Government must outline support for businesses, urges leading energy supplier December 20, 2022 One of the UK’s leading energy suppliers has criticised the delay in outlining future support for businesses beyond next spring.
Ouch: Petrofac predicts $100m loss, causing shares to plummet December 20, 2022 Petrofac's shares slid to a record low on Tuesday after the embattled company forecast an operating loss of $100m in its full-year results.
Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz December 20, 2022 Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.
Rolls-Royce’s one step closer to nuclear ambitions with SMR factory shortlist December 20, 2022 Rolls-Royce has announced its final shortlist for its first factory to build its proposed nuclear pipeline of small modular reactors.
North Sea watchdog hits three oil and gas firms with £265,000 fines December 19, 2022 A trio of oil and gas operators have been hit with a massive six-figure fine, as the UK's North Sea watchdog aims to enforce net zero rules.
At last: EU ministers finally agree Russian gas price cap December 19, 2022 EU energy ministers have finally agreed a gas price cap, after months of talks within the bloc as it seeks to slash Russian war revenues.
Despite Brexit: Octopus’ Bulb deal could trigger EU involvement, says lawyers December 19, 2022 Octopus Energy's takeover of Bulb could breach EU state aid rules, according to senior competition lawyers.
Hydrogen is ‘not a panacea’ for cutting carbon emissions, warn MPs December 19, 2022 Hydrogen is “not a panacea” for cutting carbon emissions across UK homes, warned a leading Westminster Committee.
