UK spent £60bn on gas to stave off winter energy crunch February 5, 2023 The UK spent £60bn importing gas in just four months to stave off a winter energy crunch, according to analysis from Highview Power.
West needs to prepare for energy crunch next winter, analysts warn February 5, 2023 Experts have urged the West against complacency next winter, warning that the energy crisis could last for years to come.
Ofgem extends protection measures to shield customers from market volatility February 3, 2023 Ofgem has extended market stabilisation charges and the moratorium on acquisition-only tariffs until March 2024.
Oil set for second week of losses as investors await Chinese rebound in demand February 3, 2023 Oil is on course for a second straight week of losses, with investors hoping for clearer signs of fuel demand recovering in China.
Ofgem slaps Eon with provisional order in clampdown on poor service as it launches urgent British Gas probe February 2, 2023 Ofgem has continued its clampdown on the energy sector, naming and shaming firms in a critical review of the energy market.
Ofgem to suspend forced prepayment meter switches after British Gas break-ins February 2, 2023 Ofgem will tell suppliers to suspend all warrants forcing customers to switch to prepayment meters, Morning Wire has learned.
Capricorn Newmed merger hits the rocks as activists win boardroom battle February 2, 2023 Capricorn Energy's proposed merger with Newmed has all but collapsed, after Palliser secured all six of its nominees on to the new board.
Shell caps off bumper trading year with record £32.2bn profits February 2, 2023 Shell capped off a highly lucrative year of trading with bumper fourth quarter earnings of £7.9bn - with full year profits of £32.2bn.
The Adani Group: How the Indian giant lost $90bn in market value in just a week February 1, 2023 Gautam Adani's business empire has suffered a $90bn loss in value after a US short seller accused his conglomerate of fraud.
Natwest calls for stamp duty rebate to fund green home improvements February 1, 2023 The government should offer a rebate on stamp duty to fund energy efficiency plans for new homeowners, argues Natwest.