SSE hikes profit expectations powered by oil and gas prices January 20, 2023 SSE has raised its profits forecasts from 120p to 150p per share for the full-year, following soaring oil and gas prices.
Starmer tells Davos Labour would ban oil and gas projects, as critics say it jeopardises net zero and energy security January 20, 2023 Labour risks the UK's energy security by calling for no further investment new oil and gas projects in the North Sea, OEUK warned.
Energy bills: Octopus tops Which? survey with SSE and Scottish Power trailing behind amid calls for more customer support January 20, 2023 Octopus Energy has topped a well-known annual customer survey, after winning over households with its customer service.
Energy bills could drop under £2,000 per year as Cornwall Insight slashes price cap prediction again January 19, 2023 Energy bills could fall even further than expected next winter - with the price cap dropping below £2,000 per year.
Could UK’s nuclear power deadlock be broken by the emergence of ‘cheaper’ thorium SMR technology? January 19, 2023 Danish energy specialist Copenhagen Atomics is proposing SMRs powered by molten salt and thorium to reach the UK's nuclear ambitions.
Great British Nuclear lacks ‘overarching strategy’, warns leading advisor January 18, 2023 GBN is in need of an overarching strategy and lacks a clear role in securing the UK's energy independence, warns nuclear boss.
Harbour Energy plans job cuts in Scotland as toughened windfall tax bites January 18, 2023 The North Sea's biggest oil and gas producer is planning job cuts in response to the windfall tax - as the backlash to the levy intensifies.
Total Energies to cough up £1.7bn to pay off hiked windfall taxes January 18, 2023 French oil major TotalEnergies has confirmed it will take a £1.7bn hit in the fourth quarter from EU and British windfall taxes.
Antofagasta posts bullish outlook for 2023 as copper prices soar January 18, 2023 Antofagasta is optimistic about its prospects this year after navigating higher input costs and an ongoing drought in Chile.
Oil be damned: Global demand for oil set to hit all-time high this year as China reopens January 18, 2023 Global oil demand will reach a record high this year, and rise by nearly 2m barrels per day this year, as China eases pandemic restrictions.