All eyes on the Pound as Sterling set for bounce on Truss’s energy bill freeze September 8, 2022 It’s a big day in the markets with Liz Truss set to confirm her energy plans. The proposals are set to place a huge burden on the UK’s already strained finances. UK energy bills are set to rise to more than £3,500 a year for the average household from October, with Truss expected to outline [...]
Russia threatens to halt energy shipments into Europe September 8, 2022 Russia could halt all energy shipments into Europe if the West pushes through proposals for caps on the price of gas, warned Putin.
North Sea watchdog waiting on Government to begin oil and gas licensing September 7, 2022 The North Sea Transition Authority is still waiting for the Government to define the environmental criteria for oil and gas exploration.
North Sea body and unions warn offshore workers against wildcat strikes September 7, 2022 The UK's leading North Sea body has warned against wildcat strikes tomorrow, as have unions including GMB, RMT and Unite.
Russia ratchets up tensions with the West as it calls for grain deal to be reopened September 7, 2022 Grain deliveries from Ukraine in jeopardy after Russian President Vladimir Putin called for its deal with the West to be reopened.
Kistos reports pandemic rebound powered by soaring oil and gas prices September 7, 2022 Kistos has reported robust earnings for the first six months of the year, boosted by increased production and near-record gas prices.
‘Be careful what you wish for’: OEUK warns against expanding windfall tax September 7, 2022 Windfall taxes are a "really blunt" instrument that threatens to deter investment in the North Sea, warned OEUK's boss Mike Tholen.
All about that BEIS: Rees-Mogg’s hefty in-tray as winter crisis looms September 7, 2022 The incoming Secretary of State has a hefty in-tray to deal with - with the Government pushing to boost domestic energy generation.
The price cap freeze: It’s not good, but it’s not the worst September 7, 2022 With the Liz Truss facing a host of bad options, a transparent freeze on the energy price cap might be the least bad of the lot.
Siemens refutes Gazprom claims for Nord Stream pipeline shutdown September 6, 2022 Gazprom's claims that the Nord Stream 1 pipeline is down due to faulty equipment were called into question by Siemens Energy.