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Energy

  • Ofgem launches crackdown on energy firm customer service standards

    October 18, 2023

    Energy firms must prioritise vulnerable customers and contact those who miss payments in a crackdown on customer service standards by regulator Ofgem.

  • Water companies need vast sums to meet improvement plans, Moody’s warns

    October 18, 2023

    Water companies across England and Wales will need to find hundreds of billions of pounds to meet their commitments, says Moody's.

  • National Gas boss warns businesses could be threatened if network scrapped

    October 18, 2023

    The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.

  • Morgan Stanley locked in secret London court battle to seize Russian oil firm

    October 18, 2023

    Morgan Stanley is locked in a secret London court battle as part of an attempt to seize ownership of an oil firm in southern Russia on behalf of a group of Russian lenders, City PM has learned. 

  • Greta Thunberg arrested in London as oil chiefs urged to stop funding politics

    October 17, 2023

    Climate activists including Greta Thunberg have been arrested after they gathered outside a central London hotel protesting oil firms.

  • Oil markets await fresh signals ahead of Biden’s visit to Israel

    October 17, 2023

    Oil prices have risen slightly on both major benchmarks with investors awaiting fresh signals amid sustained geopolitical uncertainty.

  • CMA launches probe into Worcester Bosch amid ‘greenwashing’ boiler claims

    October 17, 2023

    It will also look at information given by Worcester Bosch about the use of hydrogen for home heating in the UK

  • Rio Tinto endures mixed share price reaction after steady trading update

    October 17, 2023

    Rio Tinto posted a steady trading update this morning, with output across its mining operations in line with expectations.

  • Strict EV targets risk increasing reliance on China, ex-Britishvolt boss warns

    October 17, 2023

    Europe risks depending on China to meet its needs for EVs unless it waters down its targets, one of the founders of Britishvolt has warned.

  • Water suppliers share prices rally as investors welcome turnaround plans

    October 17, 2023

    Some of the UK's largest waters companies have seen a bounce in their share price, with investor sentiment improving.

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