Booming production and soaring prices fuel Serica Energy’s profit surge mega profits Soaring oil and gas prices and booming production has powered Serica Energy to an 88-fold surge in profits year-on-year.
Exclusive: Yu Energy warns six-month business support will not be enough EXCLUSIVE Market volatility will endure beyond this winter and businesses could face ultra-high energy bills well into next year, warned the boss of challenger supplier Yu Energy.
Ofgem steps in to demand suppliers improve support for vulnerable customers OFGEM Three UK energy firms have severe weaknesses in how they support customers in payment difficulties, according to Ofgem.
Yu Group navigates choppy waters to boost supplier business September 27, 2022 Yu Group has eased its way through the volatility energy market and vastly ramped up the scale of its business.
North Sea body backs easing climate rules for oil and gas amid green fury September 27, 2022 Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.
Oxford Street to slash ‘opening hours’ for Christmas lights amid energy crisis September 27, 2022 Oxford Street will lower its energy usage by two-thirds this Christmas as it lights up for the festive season. Amid the ongoing energy crisis, London’s famous light display is brightening the street with energy-efficient LED bulbs and reducing its operating hours this year. The switch on, taking place on 2 November, will illuminate the sky [...]
Gas prices plunge as Europe tops up supplies ahead of winter September 26, 2022 UK gas prices have continued to plummet, reflecting the continent's successful scramble for supplies ahead of winter.
Government support packages rescue Ovo Energy from financial turmoil September 26, 2022 The UK's third largest supplier feared for its long-term viability as energy from before the Government's rescue package.
Government launches net zero review to maximise business benefits September 26, 2022 The Government has appointed Tory MP Chris Skidmore to lead a review of net zero, and will look to make the business case for the target.
Music Magpie’s shares plummet after downgrading rebound hopes September 26, 2022 Electronics retailer Music Magpie has downgraded expectations for its performance in the second half of its financial year.