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gas crisis

  • 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.

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