Windfall tax will hurt UK’s climate ambitions, oil boss warns May 4, 2023 The windfall tax will make the UK more reliant on carbon-intensive imports to meet its energy needs - warned the boss of Ithaca Energy.
National Gridlock: Octopus calls for queue jumping to meet energy goals May 4, 2023 Octopus Energy Generation has unveiled a five point plan to speed up connections for new renewable projects to the grid.
British Gas to stop using third party contractors to fit prepayment meters May 4, 2023 British Gas has announced it will stop using contractors to fit prepayment meters under court warrant - but will still use them.
Oil dips below $70 per barrel as flagging US and Chinese economies weigh prices down May 3, 2023 Oil prices have fallen below $70 per barrel today, weighed down by growing concerns over the health of the US and Chinese economies.
‘UK simply hasn’t gone far enough’ to tackle cost issues for offshore wind – as Brits face extra £530m bill by 2030 May 3, 2023 The UK will fall short of the government's offshore wind targets this decade, with developers facing serious cost challenges for projects.
A green price to pay: Why offshore wind’s rising costs pose a challenge for renewables May 3, 2023 Offshore wind generation is now facing real cost challenges for building new turbines raising the prospect of higher prices.
Windfall windbags: Labour calls for tougher tax after BP profits May 3, 2023 Windfall tax-backing politicians were described as “completely out of ideas” after calling for the levy to be toughened up.
MPs urge government to back Wales’ nuclear ambitions May 3, 2023 MPs have urged the government to push ahead with building a new nuclear power plant in Wylfa, North Wales.
Oil markets tumble as hawkish Fed and sluggish Chinese growth drive down prices May 2, 2023 Oil prices dropped heavily today, amid growing expectations of interest rate hikes from the US Federal Reserve and European Central Bank.
BP and the ‘profits of war?’ Could falling energy prices end the battle for a tougher windfall tax May 2, 2023 As Labour ramps up calls for a tougher windfall tax, it would be easy to miss that BP's shares are down five per cent on the FTSE 100.