Taiwan has announced intentions to significantly expand imports of United States liquefied natural gas, targeting 30 to 33 per cent of total supply compared to the current 10 per cent
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Russian President Vladimir Putin has reaffirmed China’s position as Moscow’s principal energy customer, characterising bilateral energy relations with President Xi Jinping as strategic during a video conference on Wednesday. The
Kraken Technologies is emerging as a significant player in the domestic energy sector, driven by innovative technology and strategic vision. Located in London, the company operates under the larger umbrella
Wholesale gas prices have increased on both sides of the Atlantic due to cold weather, prompting warnings of potential blackouts in Britain and Europe. Britain’s wholesale gas benchmark, the national
The global gas markets are currently experiencing a significant surge in activity, resulting in heightened concerns and implications for both consumers and businesses. Various factors are contributing to this volatility,
Recent figures reveal a staggering statistic regarding Britain’s wind farm turbines. Last year, they wasted sufficient energy to power all of London’s homes. This shocking data highlights the inefficiencies present
Ovo Energy, one of the UK’s largest gas and electricity suppliers, has been ordered to pay £2.8 million in compensation for its failure to deliver essential state support payments to
EDF is currently in discussions with the UK government regarding a subsidy contract that aims to extend the operational life of the Sizewell B nuclear power station until 2055. This
In a recent development, a wind farm project backed by BP has been cancelled, leaving the future of a second project uncertain following the failure to secure government contracts in
Germany’s EnBW has announced its decision to withdraw from the offshore wind projects Morgan and Mona in the Irish Sea. This decision comes in the wake of difficulties in securing
Britain has reportedly become as unappealing for investment as Venezuela due to Labour’s stringent net zero policies impacting the oil industry. A senior figure from the North Sea oil sector
Experts at Cornwall Insight have warned that the UK government is on course to miss its target for decarbonising the power sector by as much as a decade. The goal,
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,
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
The future of Britain’s most valuable energy technology spinoff hangs in the balance as Kraken, the artificial intelligence-powered platform developed by Octopus Energy, evaluates whether to pursue a public listing
