Iran supply glut could weigh down oil prices, predict experts June 20, 2023 An unexpected influx of oil supplies from Iran could help further weigh down prices, amid a market downturn from China.
Energy boss revives social tariff push as winter pain looms June 19, 2023 The government needs to use data to provide targeted support for up to 10m households ahead of winter, reigniting calls for a social tariff.
Energy bill support took too long to reach consumers most in need, MPs conclude June 16, 2023 Energy bill support took too long to reach those most in need and the government must protect consumers from future price hikes, say MPs.
LNG fleets to overtake oil supertankers in global gold rush June 14, 2023 There will be more LNG ships than oil supertankers within the next five years, according to the latest findings from Global Data.
FSB: Small firms need flexible payment options to ease energy bills burden June 12, 2023 Thousands of small businesses are at risk of closure, if suppliers fail to offer firms more flexible options for paying off their energy bills.
Labour’s plan to wind down oil and gas extraction is ‘naive’ and risks ‘cliff edge’ for production, union chief warns June 4, 2023 Labour’s energy plans are “naive” and the party risks creating a “cliff edge” for production, a union chief has warned.
Gas prices could fall to zero predict experts as conditions ease over summer May 31, 2023 Gas prices will continue to slide this summer with day to day prices potentially dropping close to zero, argued energy experts.
Sunak backs North Sea oil and gas sector in grilling over Rosebank field May 10, 2023 Prime Minister Rishi Sunak has backed continuing North Sea oil and gas production, arguing that the UK still needs fossil fuels.
Equinor beats forecasts with £9.5bn earnings as West scrambles to meet energy needs May 4, 2023 Norway's Equinor on Thursday posted a higher-than-expected profit for the first quarter, albeit well below last year's record levels.
EU gas supplies in strong shape after winter of mass rationing April 20, 2023 The EU has emerged from winter with its energy supplies in robust shape, with storage levels above average and gas prices falling.