Scotland’s largest offshore wind farm has squandered approximately 77 per cent of its potential electricity generation because of insufficient capacity on Britain’s national grid. The Seagreen development, operated by SSE,
Energy
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The United States Gulf Coast refining sector stands positioned to capture significant commercial advantage from the Trump administration’s strategic pivot towards Venezuelan oil extraction. Major petroleum corporations operating sprawling industrial
Phillips 66, a Texas-based petroleum company, has secured the assets of Prax Lindsey, one of Britain’s last operational oil refineries, following a structured sales process managed by FTI Consulting. The
Household energy bills across Britain are predicted to fall by 8 per cent from April, reducing a typical annual bill by £138 to £1,620 per year. This decline represents the
The financial landscape for UK households in 2026 presents a carefully balanced picture. Whilst inflation has declined from recent peaks and mortgage rates have begun to ease, the cost of
Alan Chang has built a reputation for disrupting established industries. As one of Revolut’s earliest employees and eventual chief revenue officer, the 32-year-old executive helped transform the fintech startup into
Octopus Energy has completed a strategic demerger of its artificial intelligence-powered software platform, Kraken Technologies, through the sale of a $1 billion minority stake to institutional investors. The transaction values
Britain’s electricity network constraints have resulted in record expenditure of nearly £1.5 billion during 2025, as operators paid wind farms to cease generation whilst simultaneously procuring replacement power from gas-fired
EnergyPathways PLC has outlined the critical importance of domestic gas storage infrastructure as the United Kingdom grapples with declining capacity and heightened requirements for energy security amid the transition to
BP has announced the sale of a 65 per cent stake in Castrol, its historic British engine oil business, to New York-based investment firm Stonepeak. The transaction, valued at six
Alphabet, the parent company of Google, has reached an agreement to acquire Intersect, a clean energy start up, for four point seven five billion pounds in cash. The purchase will
Trump Media and Technology Group, the entity behind Truth Social, has announced a strategic pivot with the proposed merger of TAE Technologies, a company specialising in fusion energy. The six
BP is set for a major strategic overhaul as Meg O’Neill is appointed chief executive, succeeding Murray Auchincloss in a surprise change that has triggered fervent investor reactions. The move
Britain’s ambitions to ignite a new era of nuclear energy are facing significant headwinds following a dispute with Donald Trump over the future of the UK US trade deal. Plans
Britain’s pursuit of becoming a clean energy superpower is meeting serious obstacles as major hydrogen initiatives stall. In 2022, the government doubled its target to generate 10 gigawatts of clean
Industry groups have warned that Britain risks losing tens of billions of pounds in potential investment if the government downgrades its hydrogen ambitions. A new strategy for the sector is
