Certain Energy has secured ten million pounds in an early-stage venture capital round led by the British Business Bank. The long-duration energy storage firm, formerly known as RFC Power, will
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Switzerland-based commodities trader Gunvor is in preliminary discussions to purchase natural gas producing assets in Texas and Louisiana from Silver Hill Energy Partners. The potential transaction is valued between $1.2bn
Households in the United Kingdom are unlikely to receive additional financial assistance for energy costs before the price cap increases in October, according to government sources. While officials have acknowledged
Tungsten West has announced that the United Kingdom government intends to invest up to 71 million pounds, equivalent to 97 million US dollars, to restart production at the Hemerdon tungsten
Global gas supply constraints are pushing the electricity price cap upwards, a trend the government is currently unable to reverse. As cold weather increases demand, Great Britain is entering a
Households in the United Kingdom have been warned that energy costs are set to increase further after the regulator Ofgem announced a rise in its price cap to a three-year
Greg Jackson, founder of Octopus Energy, has called for immediate structural changes to the UK energy market to shield households from fluctuating global gas prices. The chief executive of the
A significant portion of the cryptocurrency industry is undergoing a structural transformation as companies that previously dedicated their resources to Bitcoin mining increasingly redirect their computing power towards artificial intelligence.
SLB has been appointed as the strategic reservoir partner for Harbour Energy’s Havstjerne carbon storage project in Norway. The services company, formerly known as Schlumberger, announced the agreement during its
Energy bills in the United Kingdom could increase by 13 percent by the end of the decade if current government support measures are not extended, according to a new analysis
The Northern Endurance Partnership is expected to commence drilling its first of six development wells within the coming fortnight. Michael McGhie, the technical manager for the partnership, confirmed the timeline
Spirit Energy has concluded a £40 million decommissioning campaign in the Southern North Sea, marking the completion of plug and abandonment operations on three key wells. The project involved the
Aberdeen-based energy services firm Three60 Energy has extended a decommissioning contract with a major North Sea operator. The company exercised an option within the original agreement to add three new
Energy minister Michael Shanks has addressed a cyber incident linked to Iran that resulted in the shutdown of a British small-scale energy generator for four days last month. The attack,
Energy industry bodies have cautioned the UK government to prioritise domestic North Sea gas production over expanding liquefied natural gas import capacity. The Aberdeen and Grampian Chamber of Commerce described
A cyberattack on a UK energy facility that forced a four-day shutdown last month was carried out by hackers linked to the Iranian regime. Officials believe this incident marks the