Europe risks supply crunch this winter if Russia cuts off gas, warns IEA October 3, 2022 Europe will be on the verge of a supply crunch this winter if Russia turns off the taps into the continent, warned the IEA.
Exclusive: Ukraine urges West to slash Russian war revenues October 3, 2022 The West needs to slash Russia's revenues from soaring oil and gas prices, argued Naftogaz, Ukraine's state energy provider.
Telecom Plus shares surge as customers snap up bargain deals October 3, 2022 Telecom Plus shares surged over 20 per cent this afternoon after the utility services giant hiked full-year profit guidance after posting record customer growth during the first half of the year. The company nabbed 86,004 new customers in the six months to September, taking its total customer base to 814,684 and representing an annualised growth rate of [...]
Oil rebounds with OPEC+ expected to confirm swingeing output cuts October 3, 2022 Oil prices climbed more than $3 this morning, with investors expecting the biggest cut to oil output this week since the start of the pandemic.
Drax hacks down Canadian forests to fuel power plant, investigation claims October 3, 2022 Drax has been cutting down environmentally-important forests in Canada to fuel the UK's biggest power station.
EU brings in windfall tax but bloc divided over gas price caps October 1, 2022 The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.
British Steel’s Chinese owners push for Government bailout October 1, 2022 The owners of British Steel are seeking an urgent package of financial support from taxpayers, according to Sky News.
Energy bills rise to record highs despite Government support October 1, 2022 Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.
Exclusive: UK still at risk of blackouts, warns energy forecaster October 1, 2022 The UK could still face blackouts this winter, despite easing gas prices and Europe's topping up of energy storage.
North Sea body holds talks over security after Nord Stream sabotage September 29, 2022 OEUK has been discussing North Sea security plans with government bodies amid increasing political tensions in Europe.