Exclusive: Truss ally Rees-Mogg holds talks with energy firms in supply bid August 30, 2022 Truss backer Rees-Mogg has been holding urgent talks with oil and gas companies ahead of a looming winter crisis.
Woodside hands out £1.79bn to shareholders after five-fold rise in profits August 30, 2022 Woodside has handed out over $2bn to shareholders following a five-fold increase in profits for the first six months of trading this year.
Uniper asks Berlin for more help, raising bailout to £16bn August 29, 2022 German energy giant Uniper has asked Berlin’s government for additional funding, raising the total bailout sought to €19bn (£16bn). The company said its current liquidity was impacted by the West’s standoff with the Kremlin over energy supplies and the consequent surge in costs. “As Russia does not honour its supply contracts, we have to buy [...]
Equinor weighs up sale of stake in major oil and gas field August 29, 2022 Equinor is considering offloading its 28 per cent stake in Statfjord field, which straddles the Norwegian and British continental shelves.
Takeaway sector pleas for support this winter to tackle soaring energy bills August 29, 2022 Hundreds of independent takeaway owners have urged the Government to offer more support to tackle skyrocketing energy bills.
Concrete plans: Will cement-free concrete ease emissions? August 29, 2022 Morning Wire looks at whether cement-free concrete could prevent new green projects being undermined by heavy emissions.
EXCLUSIVE: So Energy calls for insulation boost to ease winter crisis August 29, 2022 The Government should help households ease demand and drive down soaring bills, says So Energy co-founder Simon Oscroft.
Zahawi: Middle-earners will also need help with energy bills August 27, 2022 Chancellor Nadhim Zahawi has said that middle-earners will also need help with their energy bills. The comments come as Ofgem announced yesterday the energy price cap will rise over 80 per cent to £3,549 per year from October. Zahawi told the Telegraph that support should not be given only to people on benefits but also [...]
Boris Johnson warns against capping energy bills for everyone August 26, 2022 Boris Johnson has warned against capping energy bills for all households as this would benefit rich energy users at the expense of the vulnerable.
Overhauling planning laws key to reviving fracking argues industry body August 26, 2022 One of the UK's leading energy bodies has warned that a revival of fracking has to be married with planning reform.