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Energy

  • British Steel’s Chinese owners push for Government bailout

    October 1, 2022

    The owners of British Steel are seeking an urgent package of financial support from taxpayers, according to Sky News.

  • Energy bills rise to record highs despite Government support

    October 1, 2022

    Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.

  • Exclusive: UK still at risk of blackouts, warns energy forecaster

    October 1, 2022

    The UK could still face blackouts this winter, despite easing gas prices and Europe's topping up of energy storage.

  • North Sea body holds talks over security after Nord Stream sabotage

    September 29, 2022

    OEUK has been discussing North Sea security plans with government bodies amid increasing political tensions in Europe.

  • French Oil Giant TotalEnergies vows to have ‘no future with Russia’

    September 29, 2022

    TotalEnergies is ramping up investments in a bid to distance itself from Russia.  The French oil giant has “no future with Russia”, said Patrick Pouyanné, chairman and chief executive, in a strategy update presented in New York on Wednesday. Instead, it will look more to Qatar and the US while escalating their production of liquified [...]

  • NATO condemns ‘reckless sabotage’ to Nord Stream pipeline

    September 29, 2022

    NATO has slammed the potential sabotage of the Nord Stream pipelines, but stopped short of blaming Russia.

  • Capricorn scraps Tullow deal in favour of merger with New Med Energy

    September 29, 2022

    Capricorn has dramatically ditched its merger with rival Tullow, instead reaching an agreement with Israeli gas group New Med Energy.

  • Truss urged to clarify ‘false’ claim “nobody is paying fuel bills of more than £2,500”

    September 29, 2022

    Prime Minister Liz Truss has been urged to clarify a reportedly false claim  that “nobody is paying fuel bills of more than £2,500”. Fact-checking charity Full Fact and consumer champion Martin Lewis both warned Truss’ claim was incorrect, and that there was a risk “vulnerable elderly people” think they can keep heating on without paying [...]

  • Nuclear industry group encourages EDF to extend life of power plants

    September 29, 2022

    The Nuclear Industry Association has welcomed EDF's intention to extend the lifespan of two of its domestic nuclear power projects.

  • Octopus snaps up two German wind farms in European push

    September 29, 2022

    Octopus Energy Generation has announced two new deals for German onshore wind farms worth a combined 57GW.

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