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Energy

  • Octopus Renewables continues buying spree amid market volatility

    September 28, 2022

    Octopus Renewables Investment Trust has eased through market volatility to complete four acquisitions and grow its net assets.

  • SSE will back UK projects with fresh profits

    September 27, 2022

    SSE has committed to reinvesting any further earnings from ultra-high wholesale power prices into building new domestic energy assets.

  • Serica’s profits surge 8,840 per cent amid soaring oil and gas prices

    September 27, 2022

    Soaring oil and gas prices and booming production has powered Serica Energy to an 88-fold surge in profits year-on-year.

  • Exclusive: Yu Energy warns six-month business support will not be enough

    September 27, 2022

    Market volatility will endure beyond this winter and businesses could face ultra-high energy bills well into next year, warned the boss of challenger supplier Yu Energy.

  • Ofgem steps in to demand suppliers improve support for vulnerable customers

    September 27, 2022

    Three UK energy firms have severe weaknesses in how they support customers in payment difficulties, according to Ofgem.

  • Yu Group navigates choppy waters to boost supplier business

    September 27, 2022

    Yu Group has eased its way through the volatility energy market and vastly ramped up the scale of its business.

  • North Sea body backs easing climate rules for oil and gas amid green fury

    September 27, 2022

    Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.

  • Oxford Street to slash ‘opening hours’ for Christmas lights amid energy crisis

    September 27, 2022

    Oxford Street will lower its energy usage by two-thirds this Christmas as it lights up for the festive season.  Amid the ongoing energy crisis, London’s famous light display is brightening the street with energy-efficient LED bulbs and reducing its operating hours this year. The switch on, taking place on 2 November, will illuminate the sky [...]

  • Gas prices plunge as Europe tops up supplies ahead of winter

    September 26, 2022

    UK gas prices have continued to plummet, reflecting the continent's successful scramble for supplies ahead of winter.

  • Government support packages rescue Ovo Energy from financial turmoil

    September 26, 2022

    The UK's third largest supplier feared for its long-term viability as energy from before the Government's rescue package.

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