Oil firms failed to capitalise on investment perks under windfall tax, Orcadian says Exclusive The oil and gas industry should have invested in new projects instead of fighting the windfall tax, argued Orcadian Energy boss Steve Brown.
BP says oil and gas investment needed for 30 more years to avoid energy shortages Energy The world risks price swings and shortages unless there is continued investment in the oil and gas sector, BP has warned.
Good Energy joins industry calls for a social tariff to protect vulnerable customers exclusive Momentum is growing in the energy sector for a social tariff, with Good Energy the latest supplier to call for more targeted support.
Ignoring nuclear will cost us dearly as the UK scrambles to stave off blackouts January 30, 2023 The need for a proven, continuous, low carbon power source has never been more urgent, and the only viable option for that is nuclear power.
Chevron unveils full-year record profits but falls short of expectations amid falling oil and gas prices January 27, 2023 Chevron posted a record £29.5bn profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates.
Ofgem threatens six-figure fine for supplier over late renewable payments January 26, 2023 Embattled challenger supplier Delta Gas and Power could be hit with a £100,000 fine from Ofgem for late renewable payments.
National Grid on brink of reviving coal as cold snap escalates energy crisis January 26, 2023 National Grid has turned to coal amid an enduring cold snap, as it battles to keep Britain's lights on this winter.
Newmed reveals chance of Capricorn merger has ‘significantly decreased’ after boardroom exodus January 24, 2023 New Med's proposed £277m merger with Capricorn Energy is at risk of collapse, with chances of a deal significantly decreasing.
Millions at risk if household energy support package is cut in April, Utilita warns January 24, 2023 The government should maintain support packages at current levels to ease pressure on households, warned Utilita.
Yu Group’s shares soar after supplier unveils bumper £275m revenues on back of smart meter uptake January 24, 2023 Yu Group's shares soared nearly 10 per cent on the London Stock Exchange, after the supplier revealed it expects to beat its guidance.