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Energy

  • North Sea countries to pledge massive ramp up of wind energy

    April 22, 2023

    Energy ministers from European countries surrounding the North Sea will pledge to quadruple offshore wind energy capacity.

  • EU gas supplies in strong shape after winter of mass rationing

    April 20, 2023

    The EU has emerged from winter with its energy supplies in robust shape, with storage levels above average and gas prices falling.

  • BP chairman at risk of being ousted in shareholder revolt

    April 20, 2023

    BP chairman Helge Lund is at risk of being ousted in a shareholder revolt, with five pension schemes set to vote against his re-election.

  • North Sea industry blames windfall tax for sharp declines in oil and gas production

    April 20, 2023

    The UK's North Sea industry is set for a steep decline in production and capital expenditure, according to the latest data from NSTSA.

  • Interview: Ovo Energy’s boss bets on green future to cement Big Six status

    April 20, 2023

    Ovo Energy’s CEO Raman Bhatia talks about the sector’s latest challenges, from driving renewable energy to rethinking forced prepayment meters.

  • Russian ships accused of plotting North Sea sabotage with ghost ships

    April 19, 2023

    The UK is under threat from a Russian programme to sabotage wind farms and cables in the North Sea, according to new allegations.

  • UK has enough gas for summer demand, National Gas Transmission confirms

    April 18, 2023

    The UK will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe

  • UK risks missing net zero goals warns Ovo boss, as firm unveils new tariff to fight greenwashing

    April 18, 2023

    The UK will miss its net zero goals without bolder action from the government and energy industry, warns Ovo boss Raman Bhatia,

  • Forced prepayment meter installations for over 85s banned in Ofgem crackdown

    April 18, 2023

    UK energy suppliers have all signed up to a new code of practice for prepayment meters as part of an industry crackdown.

  • North Sea industry push for windfall tax price floor in bid to boost bank lending

    April 18, 2023

    North Sea oil and gas producers are pushing the government to introduce a price floor in the windfall tax so that banks will offer better loans.

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