Gas prices could fall to zero predict experts as conditions ease over summer GAS PRICES Gas prices will continue to slide this summer with day to day prices potentially dropping close to zero, argued energy experts.
Sunak backs North Sea oil and gas sector in grilling over Rosebank field ENERGY Prime Minister Rishi Sunak has backed continuing North Sea oil and gas production, arguing that the UK still needs fossil fuels.
Equinor beats forecasts with £9.5bn earnings as West scrambles to meet energy needs EQUINOR PROFITS Norway's Equinor on Thursday posted a higher-than-expected profit for the first quarter, albeit well below last year's record levels.
EU gas supplies in strong shape after winter of mass rationing April 20, 2023 The EU has emerged from winter with its energy supplies in robust shape, with storage levels above average and gas prices falling.
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.
Exxon boss’ pay rose 52 per cent in 2022 – the highest among oil peers April 16, 2023 Exxon boss Darren Woods has enjoyed a hefty 52 per cent hike in his pay packet - rising to $35.9m last year.
Ukraine’s Naftogaz says Russia told to pay $5bn for seizing Crimea assets April 13, 2023 Naftogaz revealed Moscow had been ordered by an arbitration court in The Hague to pay $5bn compensation for unlawfully expropriating assets.
BP: Oil and gas giant takes 40 per cent stake in massive UK carbon capture and storage project April 11, 2023 BP has snapped up a hefty stake in a major upcoming carbon capture project from Harbour Energy, bringing more focus to decarbonisation.
Another LNG-fuelled winter will expose lack of seriousness about UK’s energy goals April 11, 2023 Winter is over, with the government managing to stave off blackouts over – but LNG problems persist, exposing the UK's energy challenge.
Harbour Energy blames windfall tax as it slashes hundreds of UK jobs April 6, 2023 Harbour Energy is expected to cut 350 jobs in the UK, as it downgrades domestic operations following the windfall tax.