Westminster committee sticks the boot into Ofgem as households suffer record energy bills July 26, 2022 MPs have raised doubts over Ofgem’s ability to clean up the energy market, following mass carnage which saw over 30 suppliers collapse.
No pressure? Gazprom cuts gas flows into Europe as cold winter months loom July 25, 2022 Gazprom plans to further cut gas flows into Europe, raising the chilling prospect of rationing and blackouts this winter.
Naftogaz suffers setback with bondholders rejecting debt freeze proposal July 25, 2022 Naftogaz has revealed its bondholders are set to refuse its two-year debt payment freeze request, alongside a setback from the government.
Good Friday Agreement architect Lord Trimble dies aged 77 July 25, 2022 Former Northern Ireland first minister David Trimble died at the age of 77, following a short illness.
National Grid blames fires and tight markets for desperate supply scramble amid heatwave July 25, 2022 Tight markets and fires in East London forced the National Grid to pay record prices for energy from Belgium to prevent power outages.
Serica snubs improved Kistos merger offer July 25, 2022 Serica has rejected an improved merger proposal from energy investment firm Kistos - as it believes the new offer does not reflect the value of its core assets.
Exclusive: Octopus Energy urges rival Centrica to work with them to protect consumers July 25, 2022 Octopus Energy wants to work together with rival Centrica and market regulator Ofgem to protect households ahead of the cold winter months.
Germany hands €15bn to Uniper in bailout deal July 24, 2022 The German government has stepped in to rescue troubled utility giant Uniper with a whopping €15bn bailout after suffering sharp losses.
Japan approves plans to release Fukushima water into the ocean July 24, 2022 Japan's nuclear regulators have greenlit a plan to release contaminated water from the wrecked Fukushima Dai-ichi nuclear power plant into the ocean.
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.
