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
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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
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