Cornwall Insight: Don’t expect energy bills to ease this winter July 4, 2023 Energy bills will remain near double pre-crisis levels, suggests Cornwall Insight in its latest price cap forecasts.
Shell urged to set up Ukraine fund after Russian ‘blood money’ trading July 4, 2023 Shell is facing calls to set up a repair fund for war-torn Ukraine after continuing to trade in Russian LNG following the country's invasion.
So Energy back on its feet – but trust must be won back, says boss July 3, 2023 The energy industry needs to win back the trust of customers following, argues the boss of a leading challenger firm.
Make smart meters mandatory or miss net zero goals, energy firms warn July 3, 2023 Smart meters should be made compulsory to meet net zero goals and drive down ultra-high energy bills, argued two UK suppliers.
British Gas owner boosts biggest gas facility storage – and calls for investment changes to ramp it up further June 30, 2023 Centrica has expanded Rough but has called for changes in the investment regime for it to bring the site back to full capacity again.
Coal plants to be unavailable for winter supply squeeze June 28, 2023 Two British coal plant operators, whose plants were available last winter, will be unable to provide back-up power this winter.
Energy firms face having licences stripped in Ofgem prepayment meter clampdown June 28, 2023 Ofgem has moved to make its protection rules for prepayment meter customers permanent as it continues its clampdown on the energy industry.
Vitol and Gunvor rake in Russian oil profits a year after Ukraine invasion June 27, 2023 Energy traders Vitol and Gunvor are still buying refined Russian oil, despite pledges to cut ties with Kremlin-backed suppliers.
Gas prices rise in UK and Europe on surging summer demand for air conditioning June 21, 2023 Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.
Rosebank: UK’s largest undeveloped oilfield set to be approved by regulators within weeks June 21, 2023 The UK’s largest undeveloped fossil fuel field, is set to be approved by regulators within the next two weeks, City A.M. understands.