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
Energy23- Page
547Articles
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BP has withdrawn its plans to develop a significant hydrogen project in Teesside after government officials granted approval for the construction of Europe’s largest data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
Privately owned water companies in England have issued £10.5 billion in green bonds since 2017, a fifth of the total national issuance, according to market analysis. These bonds, marketed as
The UK government has been urged to take decisive action to prevent a gas supply crisis after senior energy advisers warned of significant risks to both households and businesses by
Recent financial reports reveal surging profitability for the three companies that operate Britain’s high voltage transmission networks, offering a stark contrast to the difficulties faced by other sectors under mounting
A report from Offshore Energies UK warns that the cost of dismantling obsolete oil and gas platforms in the North Sea has reached a new high, set to surpass spending
Oil prices are heading towards their lowest point in two decades aside from the pandemic downturn, according to forecasts from JP Morgan. The bank projects the price of Brent crude
Energy bills are set to increase by £3 from January as Ofgem, the UK energy regulator, has announced a new price cap of £1758 per year for the typical household.
British households will see a marginal increase in energy bills at the start of the new year, as Ofgem, the energy regulator, raises the price cap on standard tariffs. From
Energy giant ExxonMobil has sharply criticised Labour’s policy on North Sea oil and gas, warning that the Government’s refusal to issue new drilling licences risks undermining British industry and economic
ExxonMobil has announced the closure of its Fife Ethylene Plant at Mossmorran in Scotland, attributing the decision to UK government policies and persistent high costs. The plant, operating since 1985,
Britain’s ageing energy infrastructure is under intense scrutiny following a major blaze at a substation near Heathrow Airport which paralysed the country’s busiest transport hub. Energy Secretary Ed Miliband has
Billionaire Daniel Kretinsky, owner of Royal Mail, is set to become the fourth largest shareholder in French oil giant TotalEnergies after a transaction valued at €5.1 billion (£4.5 billion). The