Energy industry backs Ofgem’s net zero role in bid to ramp up renewables June 7, 2023 The energy sector has broadly welcomed the government's move to expand Ofgem's remit and legally require the watchdog help drive the UK towards net zero carbon emissions over the next three decades.
Shell hits backs at advertising watchdog after it labels green campaign ‘misleading’ June 7, 2023 Shell has hit back at the UK's advertising watchdog after it upheld a complaint against its green energy campaign.
Labour government could deter investment in new energy projects, report warns June 6, 2023 Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned.
Ofgem slaps SSE with £10m fine for overcharging National Grid June 6, 2023 Energy giant SSE is to pay a £9.8m penalty after breaching its generation licence, the industry regulator has announced.
Starmer vows to ramp up ‘critical’ nuclear power as he fleshes out party’s energy plan June 5, 2023 Labour leader Sir Keir Starmer has lent his support to the UK’s nuclear industry calling for a vast ramp-up in projects.
Energy sector needs ‘plans not bans’, says GMB union chief June 5, 2023 Gary Smith, GMB general secretary, warned it would be a “huge mistake“ to put all the nation’s eggs in one energy basket.
Gold miner Polymetal eyes sale of Russian arm as bosses cut ties June 5, 2023 Polymetal International could be eyeing up a sale of its Russian subsidiary following the resignation of its top two bosses.
Rosebank delay: Approval for North Sea’s largest undeveloped oil field could drag into summer June 5, 2023 The approval process for the North Sea's largest undeveloped oil and gas could drag on into the second half of the year.
Labour’s plan to wind down oil and gas extraction is ‘naive’ and risks ‘cliff edge’ for production, union chief warns June 4, 2023 Labour’s energy plans are “naive” and the party risks creating a “cliff edge” for production, a union chief has warned.
IEA: Renewable energy to ramp up by a third this year, driven by supply security fears and Chinese growth June 1, 2023 The world's renewable energy capacity will jump a third this year, revealed the International Energy Agency.