The Labour government is under mounting pressure as it considers approving limited expansions of existing North Sea oil and gas fields. While Labour’s manifesto has pledged a ban on new
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The European Union has announced plans to stop importing Russian liquefied natural gas (LNG) one year earlier than previously scheduled, in a move designed to increase economic pressure on Vladimir
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
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
The United Kingdom faces a surge in gas imports after a sharp decline in North Sea production triggered by Energy Secretary Ed Miliband’s policies. Official government data published this week
British households are bracing for an increase of at least £50 in their annual electricity bills due to significant delays in the government’s clean power infrastructure projects. The setback undermines
Energy Secretary Ed Miliband has abandoned controversial plans to implement differential electricity pricing across Britain, marking a significant shift in energy policy. The proposed ‘zonal pricing’ scheme, which would have
Not too long ago, the prospects of clean hydrogen were the talk of global energy circles. As nations worldwide set their sights on decarbonisation, many industry insiders were optimistic that
British gas plants are positioned to receive substantial windfall payments this winter, following a pattern of multimillion-pound payouts from the previous cold season. The National Energy System Operator (NESO) reports
In a remarkable transformation, Mark Carney, once heralded as the Bank of England’s greenest-ever governor, has executed a striking policy reversal. The former central banker who adamantly advocated leaving 80%
The European Commission has proposed reducing the price cap on Russian oil exports in a bid to tighten sanctions, further restricting the Kremlin’s revenue streams. The proposal, led by Commission
UK ministers are reportedly on the brink of giving the green light to the Sizewell C nuclear power station in Suffolk, potentially within a matter of weeks. Labour leader Keir
Ofgem has approved a £4 billion investment to secure the future of Britain’s electricity infrastructure and help meet the nation’s ambitious 2030 green energy targets. This move will allow companies
In a significant strategic move, National Grid has finalised the sale of its American renewable energy assets to Canadian private equity firm Brookfield Asset Management for $1.735 billion. The transaction
Labour’s energy secretary, Ed Miliband, has awarded a controversial £2 billion subsidy package to the Drax biomass power station, sparking intense debate over Britain’s green energy priorities. The North Yorkshire
Qatar has issued a stark warning to the European Union, threatening to cease its crucial liquefied natural gas (LNG) exports if the bloc enforces stringent new environmental and human rights
