Downing Street is preparing measures to ease the financial burden of soaring household energy bills, with Chancellor Rachel Reeves considering removing VAT from fuel bills. Reeves has reportedly tasked officials
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Jonas Gahr Støre, Norway’s prime minister, has emerged from a turbulent election with his Labour Party clinging to government thanks to just 28 percent of the vote. His continued grip
Anglo American’s announcement of a planned fifty billion pound merger with Canada’s Teck Resources marks a pivotal moment in the global mining sector. Described by Anglo’s chief executive Duncan Wanblad
When Sir Keir Starmer assembled his newly appointed Cabinet for the first time, his message was unequivocal—the top priority for the government must be growth. With only eleven weeks before
On blustery days, the vision laid out by Ed Miliband for a net zero future suggests that turbines across Scotland should be hard at work, delivering abundant clean power to
Kemi Badenoch’s latest announcement to overturn existing policies on North Sea oil and gas was met with instant criticism from environmental groups. Recently installed as Conservative leader, Badenoch has proposed
Sir Jim Ratcliffe’s Ineos group has halted fresh investment in the United Kingdom and shifted its financial priorities to the United States, citing soaring energy costs and an unpredictable British
JD Vance, the United States vice-president, has placed Britain at the centre of a coming wave of nuclear investment, following private discussions with major American nuclear companies during his recent
Opec Plus has announced it will increase oil output next month as Saudi Arabia, the de facto leader of the group, seeks to bolster its market share. The decision, made
A leading trade body, Offshore Energies UK, has suggested the United Kingdom could meet up to fifty per cent of its domestic energy requirements until 2050 if the current tax
Shell has cancelled plans to build a major biofuels plant in Rotterdam, marking a significant retreat from green energy initiatives for one of the world’s largest oil and gas groups.
The Prax Lindsey oil refinery in Lincolnshire, once responsible for producing around 10 per cent of the United Kingdom’s petrochemicals, collapsed at the end of June with only £203 left
The leading operator of wind farms in UK waters has secured crucial support from the Norwegian state-controlled energy group Equinor, as the offshore wind sector faces unprecedented political and financial
British households are set to face higher energy bills from October as the rising cost of paying wind farms to switch off pushes annual prices up by two per cent.
Greg Jackson, the founder of Octopus Energy, has secured a notable government advisory position just weeks after a public divergence with Ed Miliband over energy pricing strategy. Jackson is set
The British chemical industry faces an existential crisis as a leading credit insurer deems the entire sector “very high risk” amid unprecedented rises in energy costs and a surge in