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Energy

  • Think tanks call for government to ensure secure gas supplies as market crisis deepens

    March 16, 2022

    Think tanks call on government must ensure gas supplies are resilient this winter following Russia's invasion of Ukraine and spiking wholesale costs.

  • Energy leaders urge governments and central banks for emergency assistance

    March 16, 2022

    European energy leaders have called on governments and central banks to provide emergency assistance amid a commodities boom.

  • Octopus Energy calls on government to speed up wind power developments

    March 16, 2022

    Octopus Energy (Octopus) has called on the government to cut red-tape and speed up the building process for ramping up wind power in the UK.

  • EU aims to boost gas supplies and reduce reliance on Russia

    March 15, 2022

    All members of the European Union (EU) will have to collectively ensure gas stores are 90 per cent full by October each year.

  • Ofgem considers halving price cap implementation period

    March 15, 2022

    Ofgem has revealed it could halve the implementation period for the price cap - cutting it down from two months to one month.

  • LME confirms price limits for nickel trading when markets reopen tomorrow

    March 15, 2022

    Trading in nickel contracts on the London Metal Exchange will resume tomorrow - albeit with strings attached.

  • Oil prices plunge below $100 per barrel as supply concerns ease

    March 15, 2022

    Oil prices tumbled below $100 for the first time in three weeks with both benchmarks weighed down by multiple geopolitical headwinds.

  • Maersk to stop buying Russian oil to fuel vessels

    March 15, 2022

    Maersk has stopped buying Russian oil for its cargo fleet following the country's invasion of Ukraine, revealed the company's chairman.

  • IOG delivers first gas in new North Sea project

    March 15, 2022

    A new gas field under the North Sea off the coast of East Anglia has produced its "first gas" this week according to IOG.

  • Prime Minister Boris Johnson confirms support for North Sea oil and gas industry

    March 14, 2022

    Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.

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