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Energy

  • Brits need more information for heat pump roll-out, says energy specialist

    December 21, 2022

    Brits need to be shown more details about heat pumps and their potential cost-saving benefits, says Energy Systems Catapult.

  • European Commission clears Germany’s Uniper bailout

    December 21, 2022

    The European Commission said on Tuesday it had approved Germany's €34.5bn plan to recapitalise German natural gas trader Uniper.

  • Octopus completes Bulb Energy takeover after year-long saga

    December 21, 2022

    Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers after year-long saga.

  • UK will be scrambling for gas when the wind doesn’t blow, warns expert

    December 21, 2022

    The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts, warns expert.

  • Government must outline support for businesses, urges leading energy supplier

    December 20, 2022

    One of the UK’s leading energy suppliers has criticised the delay in outlining future support for businesses beyond next spring.

  • Ouch: Petrofac predicts $100m loss, causing shares to plummet

    December 20, 2022

    Petrofac's shares slid to a record low on Tuesday after the embattled company forecast an operating loss of $100m in its full-year results.

  • Russia attacks Ukraine’s oil and gas sites, confirms operator Naftogaz

    December 20, 2022

    Russia attacked Ukrainian oil and gas facilities in eastern Ukraine overnight, confirmed Ukrainian energy giant Naftogaz.

  • Rolls-Royce’s one step closer to nuclear ambitions with SMR factory shortlist

    December 20, 2022

    Rolls-Royce has announced its final shortlist for its first factory to build its proposed nuclear pipeline of small modular reactors.

  • North Sea watchdog hits three oil and gas firms with £265,000 fines

    December 19, 2022

    A trio of oil and gas operators have been hit with a massive six-figure fine, as the UK's North Sea watchdog aims to enforce net zero rules.

  • At last: EU ministers finally agree Russian gas price cap

    December 19, 2022

    EU energy ministers have finally agreed a gas price cap, after months of talks within the bloc as it seeks to slash Russian war revenues.

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