Shell upholds pledge to invest in UK energy sector after Sunak unveils £5bn windfall tax May 26, 2022 Shell has reaffirmed its commitment to ramp up investment in the UK's energy sector despite the unveiling of a hefty new windfall tax.
Ukraine invasion: Zelensky warns Russia gearing up for ‘historic’ attack on Odessa March 6, 2022 Russia is preparing to unleash an “historic” attack on the major Ukrainian city of Odessa in the coming days, according to Volodymyr Zelensky. Zelenksy said during a Facebook broadcast today that Putin will soon drop “bombs against Odessa”, a key port city in Ukraine’s south, and that this “will be an historic war crime”. Around [...]
Shareholders to vote on Shell’s climate plans at upcoming AGM amid activist pressure May 22, 2022 Shareholders will vote on Shell's climate transition at the AGM next week with activists putting the energy giant under pressure to ramp up climate targets.
Eni plans €2.5bn investment into UK energy sector as calls for windfall tax escalate May 22, 2022 Italian oil major Eni will spend at least €2.5bn in the UK over the next four years, amid growing calls for a windfall tax.
North Sea body urges Government to confirm green rules for new projects August 31, 2022 OEUK has called on the Government to publish its requirements for exploration projects ahead of a looming winter crisis.
Exclusive: Kent on the UK’s energy transition plans April 20, 2022 City A.M. spoke with energy services group Kent, after the government finally unveiled its energy security strategy this month.
High gas prices here to stay, as government faces more pressure to provide support with energy bills May 9, 2022 High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis.
IEA: No cars on Sundays and fewer business flights could cut global dependence on Russian oil March 20, 2022 The IEA has called for car-free cities on Sundays and avoiding business flights to cut down global dependence on Russian oil.
North Sea round-up: Harbour Energy announces cash bonanza while Shell keeps Cambo stake March 17, 2022 Harbour Energy, the biggest oil and gas producer in the UK North Sea, has revealed it should generate up to $1.7bn (£1.29bn)
British Gas owner Centrica reports jump in profit and calls for market shake-up February 24, 2022 Energy giant Centrica said it needs to see “significant change” to address underlying issues in the UK’s energy market today as it reported it had weathered the energy crisis so far, with a 112 per cent profits boost in 2021.