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Energy

  • Shapps has fired the starting gun on UK nuclear hopes but there must be no more delays

    July 24, 2023

    Grant Shapps turned up fashionably late to the launch of industry vehicle Great British Nuclear, but the country needs no more delays.

  • Macquarie’s role in UK gas network should ‘concern’ government, MP warns

    July 24, 2023

    Macquarie’s growing role in the country’s gas network has raised the concerns of the chair of an influential Westminster committee.

  • Energy giants set for scrutiny as latest results come amid cost of living crisis

    July 23, 2023

    Energy giants will be under fresh scrutiny this week, as the latest batch of results are announced by the world's largest oil and gas producers.

  • Shapps pledges to ‘max out’ North Sea’s oil and gas reserves

    July 23, 2023

    The government will “max out” the UK’s remaining reserves of North Sea oil and gas, declared energy security secretary Grant Shapps.

  • UK rejects AMTE Power’s urgent plea for funds as it works to avoid administration

    July 23, 2023

    AMTE Power faces an increasingly uncertain future, with its urgent pleas for financial support from the government have fallen on deaf ears.

  • Outfox the Market fined £1.8m as Ofgem scrutinises suppliers’ finances

    July 23, 2023

    Outfox The Market will pay a hefty £1.8m for failing to provide financial data to Ofgem, which is scrutinising the economic stability of suppliers.

  • British Gas poised for record profits after Ofgem’s hike in price cap allowances

    July 23, 2023

    British Gas is expected to post record profits next week, powered by Ofgem's decision to temporarily hike allowances for suppliers.

  • G20 fails to reach deal for slashing fossil fuels and ramping up renewables

    July 23, 2023

    The G20 failed on Saturday to reach consensus on phasing down fossil fuels, following objections by some producer nations.

  • Coca-Cola, McDonald’s and PepsiCo named as worst packaging polluters in UK

    July 21, 2023

     Coca-Cola, McDonald’s and PepsiCo are the worst packaging polluters in the UK, an annual waste audit has found. Campaign group Surfers Against Sewage, which released its annual audit on Friday, looked at more than 30,700 individual polluting items collected by more than 4,000 citizen scientists along coastlines, canal paths, bridleways and city streets over a [...]

  • Ovo: Shareholders for UK’s fourth biggest energy firm invest further £200m as profits slump

    July 21, 2023

    Ovo shareholders have poured an extra £200m into the owner of the UK’s fourth-largest energy supplier.

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