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
Energy
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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
Ofcom has launched an investigation into BT and Three following significant mobile network outages that left thousands of customers without access to essential call services, including emergency numbers. The review
Soaring demand for artificial intelligence is dramatically reshaping the energy landscape in the United States, with leading technology companies forced to seek unconventional ways to feed the relentless appetite of
Harbour Energy expands North Sea footprint with $170 million dollar Waldorf deal and job cuts follow
Harbour Energy has strengthened its North Sea operations through a $170 million dollar acquisition of key assets from Waldorf Energy Partners and Waldorf Production, shortly after the company announced it
Over seven thousand companies and business leaders have issued a public call for urgent government action, pressing for the immediate implementation of the new North Sea fiscal regime. The demand
Plans to advance the United Kingdom to net zero carbon emissions by 2050 could impose an additional financial burden of £350 billion compared to a slower decarbonisation pathway. Analysis conducted
Britain’s National Energy System Operator has initiated a sweeping review of hundreds of electricity generation projects to alleviate a critical backlog within the national grid. This measure seeks to prioritise
Jobs, investment, and the United Kingdom’s energy security are at risk as high taxes continue to burden North Sea oil and gas producers. Brian Gilvary, chairman of Ineos Energy, sharply
Octopus Energy, the United Kingdom’s largest energy supplier, will introduce new limits on its discounted electric vehicle tariff from January, increasing the cost for thousands of motorists. Under the revised
Households across Britain can expect to see energy bills rise by £116 annually by 2030 to cover a substantial £90 billion investment intended to expand the national electricity grid and
British households are set to shoulder billions more in energy costs following new disclosures on green subsidy funding. The Office for Budget Responsibility has revealed that an additional £1 billion
The head of one of the world’s leading energy trading firms, Gunvor, has resigned and sold his controlling shareholding to company staff, following mounting scrutiny over connections to Russia. Torbjörn
BP has withdrawn its plans to develop a significant hydrogen project in Teesside after government officials granted approval for the construction of Europe’s largest data centre on an overlapping plot
