Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies March 7, 2022 Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.
Cadent Gas workers to strike following pay increase rejection March 7, 2022 Workers at British energy provider Cadent Gas are expected to vote in favour of industrial action after they rejected a 4 per cent pay rise. The union GMB said its members had turned down the pay increase because it’s below the current inflation rates of 7.8 per cent. “Like everyone up and down the country, [...]
Exclusive: Energy crisis needs crisis measures argues Octopus chief executive Greg Jackson March 7, 2022 Octopus boss Greg Jackson has called for long term reforms to the energy market alongside short term moves to protect consumers.
British Gas the worst firm for customers from bust suppliers March 7, 2022 Missing credit balances, billing delays and poor communication have defined customer experiences during the supplier of last resort process.
Fuel be sorry: Record petrol prices could hurt retail sector warn experts March 7, 2022 Experts suggest record prices at the pumps could hurt the retail sector and potentially stall the UK's ecommerce boom.
Octopus Energy lends helping tentacle to customers following hike to price cap March 6, 2022 Octopus Energy (Octopus) customers will receive a £50 annual saving to their energy bills following the painful 50 per cent hike in the price cap.
Europe will struggle to cut Russia out of energy plans warn experts March 6, 2022 Europe will find it hard to reduce its reliance on Russian gas, and the continent remains vulnerable to skyrocketing prices, warns experts.
Germany rules out energy sanctions on Russia amid spiralling gas prices March 3, 2022 Germany has ruled out the prospect of oil and gas sanctions, with economy minister Robert Habeck warning against the measures.
Household bills could rise to nearly £3,000 per year warns Cornwall Insight March 2, 2022 Household energy bills could jump to over £2,900 a year following Russia's invasion of Ukraine, according to the latest analysis from Cornwall Insight.
ExxonMobil exits Russia amid energy firm exodus March 2, 2022 Exxon Mobil (Exxon) has followed in BP and Shell's footsteps, and has announced it will exit its Russian assets valued at more than $4bn.