Wonks warn against price cap freeze August 25, 2022 The Government should offer more targeted support for households rather than freezing the price cap, argued two leading think tanks.
Italian government told to pay oil and gas firm Rockhopper Exploration £160m August 25, 2022 The Italian government has been ordered to pay €190m (£160m) to British oil and gas company Rockhopper Exploration over its decision to block the firm from drilling in the Adriatic Sea. An arbitration hearing ruled in favour of Rockhopper in stating Italy’s 2015 decision to block the Wiltshire fossil fuel company from drilling off its [...]
Ofgem slaps Shell with fine after it overcharged customers for energy August 25, 2022 Shell Energy's supplier business has been slapped with a hefty fine for overcharging customers on default tariffs.
Energy bosses rally around calls for crisis fund to support households August 25, 2022 Energy bosses are rallying around Scottish Power's call for a “tariff deficit fund” to ease the pain facing millions of Brits this winter.
Offshore energy sector calls on Westminster to back oil and gas production August 24, 2022 Industry body Offshore Energies UK has challenged Westminster to back domestic energy production in the North Sea.
Oil holds firm as Saudi Arabia proposes OPEC cuts August 24, 2022 Brent Crude held above $100 per barrel today, after oil titan Saudi Arabia suggested OPEC would consider cutting output.
Japan considers nuclear U-turn as winter crisis looms August 24, 2022 Japan will restart more dormant nuclear plants and consider building next-generation reactors, revealed Prime Minister Fumio Kishida.
National Grid to pay factories for gas cuts in emergency plans to fight winter crisis August 23, 2022 The National Grid has drawn up emergency plans to reduce power demand from factories across Britain as the winter crisis bites.
Next winter’s energy crisis will be even worse, warns forecaster August 23, 2022 Next winter's energy crisis will be even worse than this year, unless the West makes fresh efforts to tame demand.
EDF Energy calls for more household support as price cap prediction jumps £6,500 August 23, 2022 Half of British households are facing fuel poverty this winter, unless the Government does more to help ease energy bills, warned EDF Energy (EDF) – one of the UK’s big five energy suppliers A household is considered to be in fuel poverty if it has to spend 10 per cent or more of its disposable [...]