BP chairman at risk of being ousted in shareholder revolt April 20, 2023 BP chairman Helge Lund is at risk of being ousted in a shareholder revolt, with five pension schemes set to vote against his re-election.
Interview: Ovo Energy’s boss bets on green future to cement Big Six status April 20, 2023 Ovo Energy’s CEO Raman Bhatia talks about the sector’s latest challenges, from driving renewable energy to rethinking forced prepayment meters.
North Sea industry blames windfall tax for sharp declines in oil and gas production April 20, 2023 The UK's North Sea industry is set for a steep decline in production and capital expenditure, according to the latest data from NSTSA.
Russian ships accused of plotting North Sea sabotage with ghost ships April 19, 2023 The UK is under threat from a Russian programme to sabotage wind farms and cables in the North Sea, according to new allegations.
UK has enough gas for summer demand, National Gas Transmission confirms April 18, 2023 The UK will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe
UK risks missing net zero goals warns Ovo boss, as firm unveils new tariff to fight greenwashing April 18, 2023 The UK will miss its net zero goals without bolder action from the government and energy industry, warns Ovo boss Raman Bhatia,
Forced prepayment meter installations for over 85s banned in Ofgem crackdown April 18, 2023 UK energy suppliers have all signed up to a new code of practice for prepayment meters as part of an industry crackdown.
North Sea industry push for windfall tax price floor in bid to boost bank lending April 18, 2023 North Sea oil and gas producers are pushing the government to introduce a price floor in the windfall tax so that banks will offer better loans.
Low-cost energy generation may no longer be winning factor for renewable auctions under government overhaul April 18, 2023 Applications for renewable projects could soon be assessed on their contributions to the wider green industry, rather than just prices.
Exxon Mobil challenged by investors over climate goals ahead of AGM April 17, 2023 LGIM and CBIS have co-filed a shareholder resolution, calling on Exxon Mobil to provide more climate disclosures.