British Gas owner Centrica seals £6.2bn US LNG mega deal – that could power five per cent of UK homes July 11, 2023 British Gas owner Centrica has signed a new £6.2bn ($8bn) mega deal with Delta Midstream for 1m tonnes per annum of LNG for 15 years.
Oil prices up three per cent to nine-week high on supply concerns July 8, 2023 Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]
Shell boss warns cutting oil and gas production would be ‘dangerous’ July 6, 2023 The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible."
Energy sector workers fear UK jobs could vanish in net zero push July 6, 2023 More than half of workers operating in the oil and gas sector fear the shift towards net zero will put their jobs at risk within two years.
Shapps: Labour ‘sponsored by Just Stop Oil’ in light of ‘bonkers’ fossil fuel project ban July 4, 2023 Shapps has reaffirmed his support for domestic fossil fuel projects, as approval for the largest undeveloped oil and gas field looms.
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.
Four arrested as Just Stop Oil vandalise energy giant Total’s Canary Wharf HQ with paint June 27, 2023 Total Energies is the latest victim of Just Stop Oil's crusade against oil and gas firm, which chucked orange paint at its Canary Wharf base.
IOG shares rise as troubled firm shelves North Sea projects June 26, 2023 IOG's shares have soared 25 per cent today on the London Stock Exchange, after it cancelled expansion projects to boost its balance sheet.
Oil continues two month downturn as recession fears weigh on prices June 23, 2023 Oil prices has resumed their two-month long downturn - driven by demand concerns - with both major benchmarks sliding for a second day.
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.