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Energy

  • Ignoring nuclear will cost us dearly as the UK scrambles to stave off blackouts

    January 30, 2023

    The need for a proven, continuous, low carbon power source has never been more urgent, and the only viable option for that is nuclear power. 

  • Good Energy joins industry calls for a social tariff to protect vulnerable customers

    January 30, 2023

    Momentum is growing in the energy sector for a social tariff, with Good Energy the latest supplier to call for more targeted support.

  • Chevron unveils full-year record profits but falls short of expectations amid falling oil and gas prices

    January 27, 2023

    Chevron posted a record £29.5bn profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates.

  • London hydrogen fund looks Stateside as UK falls behind on green subsidies

    January 26, 2023

    A London-listed green hydrogen investor will pivot towards opportunities in the US to make the most of new subsidies.

  • Shell considers selling energy retail business in new strategic review

    January 26, 2023

    Shell has not ruled out the sale of its energy business for households, after announcing a strategic review of its retail operations.

  • Ofgem threatens six-figure fine for supplier over late renewable payments

    January 26, 2023

    Embattled challenger supplier Delta Gas and Power could be hit with a £100,000 fine from Ofgem for late renewable payments.

  • National Grid on brink of reviving coal as cold snap escalates energy crisis

    January 26, 2023

    National Grid has turned to coal amid an enduring cold snap, as it battles to keep Britain's lights on this winter.

  • Critical Metals enters copper market with production at Congolese mine

    January 26, 2023

    Critical Metals has announced its entry into the copper market, as it looks to cash in on the orange metal's latest rally.

  • Britishvolt bidding war hots up as Australian start-up throws hat in the ring

    January 25, 2023

    Britishvolt could be the subject of a bidding war, after an Australian battery start-up threw its hat in the ring with a takeover offer.

  • What windfall? North Sea levy generated £600m less than expected in December

    January 25, 2023

    The new windfall tax on North Sea oil and gas operators failed to generate the expected takings last month, confirmed the OBR.

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