Ithaca Energy hesitates over stake in controversial Rosebank oil field April 3, 2023 Ithaca Energy is hesitating over plans to develop Rosebank, unless a price floor is brought into the windfall tax, City A.M. understands.
Harbour Energy to develop North Sea gas field despite threatening to pivot away from UK March 28, 2023 Harbour Energy has been given the go-ahead to develop a new gas field in the North Sea, despite warning of plans to pivot from UK markets.
Energy firms installed nearly 100,000 prepayment meters before Shapps crackdown March 27, 2023 Energy suppliers pushed through the forced installation of nearly a hundred thousand prepayment meters last year, data reveals.
Businesses need ‘carrot and stick’ to boost energy efficiency and drive down bills, Npower argues March 22, 2023 Businesses need help to drive down bills and meet the UK's net zero goals, argued the COO of Npower Business Solutions.
Trafigura and Vitol could step up trade in Russian oil, CEOs admit March 22, 2023 Global energy traders Trafigura and Vitol are considering whether to resume more trade in Russia's oil, their CEOs said yesterday.
UK faces supply crunch as gas and nuclear power plants close, warns Drax as it halts key biomass project March 21, 2023 The UK is facing a significant shortage in power that can be brought online at times of peak demand, warned Drax.
Gas prices slide ahead of spring as banking chaos sparks recession fears March 20, 2023 Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.
Energy bosses urge Hunt to bring in social tariff to support vulnerable households March 16, 2023 Energy bosses have called for a social tariff to ease pressure on households facing record bills, with Hunt extending support in the Budget.
Coal for Christmas? National Grid to pursue emergency supplies for next winter March 16, 2023 National Grid has been requested by the government to explore the procurement of coal power plants for next winter.
Meter scandal: British Gas were ‘aware’ of forced pre-payment visits, says Arvato March 15, 2023 British Gas was aware of every visit third parties took to people’s homes for forced prepayment installations, confirmed Arvato.