Ofgem considers halving price cap implementation period March 15, 2022 Ofgem has revealed it could halve the implementation period for the price cap - cutting it down from two months to one month.
Berkeley snaps up National Grid’s stake in joint venture for over £400m March 15, 2022 Property developer Berkeley has acquired the National Grid’s stake in a realty joint venture for £412.5m. The London-listed house builder snapped up the remaining 50 per cent interest in its St William Homes joint venture, it announced on Tuesday. Rob Perrins, Berkeley’s chief executive said: “The vision of our innovative partnership was to take National [...]
Government considers extending life of EDF coal power plant March 14, 2022 The government is weighing up suspending the closure of a coal power plan overseen by EDF in West Burton.
UK looks north: Oil and gas remain key to energy independence March 14, 2022 The UK is seemingly committed to North Sea oil and gas as it cuts itself off from Russian energy supplies following the invasion of Ukraine.
Oil prices to remain high despite ‘unprecedented’ volatility March 10, 2022 Oil prices have gone on a wild journey this week - with prices fluctuating amid escalating conflict in Ukraine.
Gas prices hit record levels this month reveals Office for National Statistics March 10, 2022 Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.
Kwarteng commits to North Sea oil and gas as UK phases out Russian energy supplies March 9, 2022 Business Secretary Kwasi Kwarteng has said the government is committed to North Sea fossil fuel
OPEC+ underperforms as politics weighs on oil output March 9, 2022 Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.
Ofgem boss: Hike in household energy bills ‘almost inevitable’ March 8, 2022 Ofgem boss Jonathan Brearley has warned a further painful hike in household energy bills is “almost inevitable."
Oil dips as European leaders play down prospect of sanctions on Russian energy supplies March 7, 2022 Oil prices have dipped following strong rallies this morning, with Europe playing down the prospect of sanctions on Russian energy supplies.