Saudi Aramco unveils £36.8bn profits powered by soaring gas prices November 1, 2022 Saudi Aramco reported its second-highest earnings as a listed company, driven by this year’s surge in oil and gas prices.
Industry pressures Government to back onshore wind planning reforms November 1, 2022 Industry groups and think tanks have urged new Prime Minister Rishi Sunak to uphold planning reforms to boost onshore wind developments.
BP joins profits bonanza with £7.1bn earnings despite £2bn overall losses November 1, 2022 BP revealed losses of £1.9bn for the third quarter of trading this year, but massive underlying profits of £7.1bn for the three month window.
Government weighs up proposals to expand windfall taxes November 1, 2022 Windfall taxes on energy firms could be raised and extended as much as three years. as Downing Street scrambles to raise funds.
Low battery: Britishvolt on life support in blow to UK’s tech ambitions October 31, 2022 Feted battery firm Britishvolt is on life support e after running its cash pile dry, amid growing concerns for the UK's green ambitions.
Ofgem orders Delta to cough up £530,000 as energy crisis deepens October 31, 2022 Challenger suppliers continue to feel the heat from the energy crisis, with Ofgem ordering Delta to cough up a six figure sum.
Government must expand insulation scheme to drive down energy bills October 31, 2022 Energy UK is urging the new Government to ramp up support for the energy efficiency of buildings in the next budget.
Bulb deal signals energy sector shift as Octopus boosts customer base October 30, 2022 Octopus has wrapped up a deal for Bulb. Here, City A.M. recounts the bidding war and what it means for the energy sector.
Centrica reopens Rough storage site at reduced capacity in supply security bid October 28, 2022 The UK's largest gas storage site has been reopened by British Gas owner Centrica in a bid to boost supply security this winter.
Total Energies hoovers up £650m dividends from Russian assets October 27, 2022 Total Energies received nearly three-quarters of a billion dollars iin dividends from Russian assets during the first nine months of the year.