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Energy

  • UK must overhaul planning to meet renewable goals, warns National Grid

    November 1, 2022

    The UK will have to ramp up planning reform to meet its green energy goals, confirms National Grid boss John Pettigrew.

  • Saudi Aramco unveils £36.8bn profits powered by soaring gas prices

    November 1, 2022

    Saudi Aramco reported its second-highest earnings as a listed company, driven by this year’s surge in oil and gas prices.

  • Industry pressures Government to back onshore wind planning reforms

    November 1, 2022

    Industry groups and think tanks have urged new Prime Minister Rishi Sunak to uphold planning reforms to boost onshore wind developments.

  • BP joins profits bonanza with £7.1bn earnings despite £2bn overall losses

    November 1, 2022

    BP revealed losses of £1.9bn for the third quarter of trading this year, but massive underlying profits of £7.1bn for the three month window.

  • Government weighs up proposals to expand windfall taxes

    November 1, 2022

    Windfall taxes on energy firms could be raised and extended as much as three years. as Downing Street scrambles to raise funds.

  • Low battery: Britishvolt on life support in blow to UK’s tech ambitions

    October 31, 2022

    Feted battery firm Britishvolt is on life support e after running its cash pile dry, amid growing concerns for the UK's green ambitions.

  • Ofgem orders Delta to cough up £530,000 as energy crisis deepens

    October 31, 2022

    Challenger suppliers continue to feel the heat from the energy crisis, with Ofgem ordering Delta to cough up a six figure sum.

  • Government must expand insulation scheme to drive down energy bills

    October 31, 2022

    Energy UK is urging the new Government to ramp up support for the energy efficiency of buildings in the next budget.

  • Bulb deal signals energy sector shift as Octopus boosts customer base

    October 30, 2022

    Octopus has wrapped up a deal for Bulb. Here, City PM recounts the bidding war and what it means for the energy sector.

  • Centrica reopens Rough storage site at reduced capacity in supply security bid

    October 28, 2022

    The UK's largest gas storage site has been reopened by British Gas owner Centrica in a bid to boost supply security this winter.

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