British steelmakers face their most significant energy cost disadvantage against European competitors in three years, driven by a spike in global gas prices following the conflict involving the United States,
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A new report has argued that North Sea gas represents the cheapest source of energy available to Britain, thereby reducing the cost of both gas and electricity. Kathryn Porter, founder
North Carolina regulators have rejected a proposal by Duke Energy to construct a new natural gas power plant, marking a significant setback for the utility company’s expansion plans. The North
Global natural gas supply is projected to remain constrained until at least the following summer, a development that could lead to prolonged demand destruction. This sustained tightness poses a significant
The United Kingdom enters the winter season with effectively zero gas storage, a position that leaves it uniquely exposed among major economies according to Menelaos Ydreos, the secretary general of
European natural gas storage levels could plummet to as low as 15 per cent during the first quarter of 2027, according to a warning issued by Erisa Pasko, the lead
Shadow Secretary of State for Energy Security Andrew Bowie has called on Prime Minister Andy Burnham to avoid further hesitation regarding the future of the Jackdaw gas field. Bowie expressed
The United Kingdom faces a significant challenge in attracting artificial intelligence and cloud computing investment due to prolonged delays in electricity grid connections. Stuart Broadley, chief executive of the Energy
The UK government is anticipated to grant approval for the Jackdaw gas field in the North Sea during mid-September, according to sources familiar with the matter. Energy secretary Miatta Fahnbulleh
Households across the United Kingdom are being advised to prepare for increased energy costs this winter as European nations rush to replenish their natural gas reserves ahead of colder weather.
The rapid expansion of data centres to support the artificial intelligence sector is triggering a significant revival in natural gas infrastructure across the United States. Planned gas-fired power capacity linked
Natural gas prices in Asia and Europe rose on Friday following reports that Qatar has extended its force majeure declaration on liquefied natural gas deliveries. The extension, which covers the
The average annual dual-fuel energy bill in the United Kingdom is set to increase by 4% for the coming autumn and winter period, according to the energy regulator Ofgem. The
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
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
A small power generation facility in the United Kingdom was forced to shut down following a cyber attack, according to reports. The Department for Energy Security and Net Zero confirmed