UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Drax denies emissions claims in heated Westminster exchange November 22, 2022 The boss of Drax refused to comment on whether the energy firm is the second largest emitter of CO2 in the country.
Equinor pledges $1.44bn investment to deepwater Arctic gas field November 22, 2022 Equinor have announced they will invest $1.44bn in developing one of the deepest gas fields off the coast of Norway.
EU Commission unveils price limit for gas price cap ahead of crunch talks November 22, 2022 The European Union's executive arm has proposed a year-long gas price cap of €275 per megawatt hour on the Dutch benchmark.
Energy boss calls on suppliers to offer innovative solutions to survive November 22, 2022 Energy suppliers have to offer creative options to customers if they are to survive, argued the boss of Utility Warehouse.
Severfield records bumper profits driven by soaring steel prices November 22, 2022 Severfield has unveiled bumper revenues and profits, powered by soaring steel prices and increased business activity.
Ofgem: Five suppliers have ‘severe weaknesses’ in treating vulnerable users November 22, 2022 Five UK energy suppliers have severe weaknesses in how they handle of vulnerable customers, according to the latest report from Ofgem.
RAC calls on supermarkets to cut petrol prices to ease cost of living crisis November 22, 2022 RAC has urged supermarkets to cut their petrol and diesel prices to ease the pressure on struggling Brits ahead of Christmas.
Shell weighs up £25bn UK spending pledge after Hunt toughens windfall tax November 21, 2022 Shell has warned it could ditch its pledge to invest £25bn in the UK’s energy sector, after the windfall tax was toughened up last week.
Free market think tanks back solar projects as Government considers clampdown November 21, 2022 Two of the UK's leading free market think tanks have raised concerns over the potential tightening of solar power planning rules.
Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher November 21, 2022 The Government should reform stamp duty to boost the energy efficiency, argued Kingfisher, the owner of brands such as Screwfix and B&Q.