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Energy

  • North Sea body backs easing climate rules for oil and gas amid green fury

    September 27, 2022

    Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.

  • Oxford Street to slash ‘opening hours’ for Christmas lights amid energy crisis

    September 27, 2022

    Oxford Street will lower its energy usage by two-thirds this Christmas as it lights up for the festive season.  Amid the ongoing energy crisis, London’s famous light display is brightening the street with energy-efficient LED bulbs and reducing its operating hours this year. The switch on, taking place on 2 November, will illuminate the sky [...]

  • Gas prices plunge as Europe tops up supplies ahead of winter

    September 26, 2022

    UK gas prices have continued to plummet, reflecting the continent's successful scramble for supplies ahead of winter.

  • Government support packages rescue Ovo Energy from financial turmoil

    September 26, 2022

    The UK's third largest supplier feared for its long-term viability as energy from before the Government's rescue package.

  • Government launches net zero review to maximise business benefits

    September 26, 2022

    The Government has appointed Tory MP Chris Skidmore to lead a review of net zero, and will look to make the business case for the target.

  • Music Magpie’s shares plummet after downgrading rebound hopes

    September 26, 2022

    Electronics retailer Music Magpie has downgraded expectations for its performance in the second half of its financial year.

  • Breezy does it: Government eases planning rules to boost onshore wind

    September 23, 2022

    Energy bosses have welcomed the Government's decision to relax planning rules around onshore wind developments.

  • Exclusive: Green groups raise red flags over fracking

    September 23, 2022

    Environmental think tanks have criticised the Government's decision to lift the moratorium on fracking to boost supply security.

  • Industry body calls for seismic reforms to boost fracking

    September 22, 2022

    The UK's leading onshore energy body has urged the Government to raise the maximum levels permitted for seismic activity involving fracking.

  • Government finally confirms licensing round for more North Sea projects

    September 22, 2022

    The Government has confirmed its support for North Sea oil and gas licensing round, which is expected to be launched next month.

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