Ofgem boss reignites calls to reform energy price cap as winter looms October 19, 2023 Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.
National Gas boss warns businesses could be threatened if network scrapped October 18, 2023 The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.
Shell soars to record highs as oil and gas markets await fresh signals from Israel-Hamas war October 16, 2023 Commodity prices have steadied following last week's bumper rally, with markets awaiting further supply signals.
Surging gas prices expose cost crisis for consumers this winter October 16, 2023 Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.
BP shares soar as energy giant hikes profit guidance October 12, 2023 Shares in BP have risen robustly in today's trading, with investor sentiment improving towards the energy giant.
Gas prices pare back gains as volatility fears rattle markets October 11, 2023 Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.
Exxon snaps up shale giant Pioneer in $60bn mega-deal October 11, 2023 Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.
Gas prices jump after Israeli gas field halts production October 10, 2023 Gas prices have jumped to their highest level since June following the closure of one of Israel's largest fields in the Mediterranean Sea.
Gas prices soar as threat of more Aussie LNG strikes looms October 9, 2023 Gas prices have surged across Europe, amid the renewed threat of further strike action across major LNG production sites in Australia.
Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.