EU draws record gas supplies from UK as National Grid reveals emergency plan to cut flows to Europe June 30, 2022 The UK has exported record amounts of gas to the continent since March as EU member states scramble to fill their gas reserves ahead of winter.
Octopus inks Dutch deal as it stretches tentacles across Europe June 29, 2022 The generation arm of Octopus has stretched its tentacles into another country, expanding its presence across Europe.
Ofgem pledges not to raise energy bills with £20bn-plus grid upgrade June 29, 2022 Ofgem has pledged to boost grid capacity with a new £20bn-plus package, while also imposing new demands on network operators.
BEIS Select Committee raises alarm bells over UK’s ‘dire’ climate progress report June 29, 2022 BEIS has raised alarm bells over a key report on Government’s progress to net zero, deeming it "dire", and "catastrophic for the country/
Wonks divided over plans to exclude fossil fuel plants from emissions checks June 28, 2022 Analysts are split over the Government's reported decision to halt emissions checks on fossil fuel plants ahead of winter.
Windfall tax is a ‘fiscal shock’ to the oil and gas sector, warns industry body in letter to Chancellor June 28, 2022 One of the UK's leading energy bodies has sent a letter to the Chancellor Rishi Sunak, warning the new windfall tax will harm the country's investment climate.
Kwarteng backs steel tariffs and labels the crisis-hit sector as a ‘strategic’ industry June 28, 2022 Steel is an important "strategic industry" argued Business Secretary Kwasi Kwarteng, defending the governm
Kwarteng plays down prospect of blackouts this winter amid supply crunch fears June 28, 2022 Business Secretary Kwasi Kwarteng has played down the prospect of a winter blackout, dismissing the scenario as an "extreme possibility."
Fossil fuels spared emissions checks as UK scrambles for supplies ahead of winter June 28, 2022 Fossil fuel plants could be excluded from emissions checks, as the Government races to secure energy supplies ahead of winter.
Petrofac pushes for post-pandemic rebound as Covid-19 bites into profits June 28, 2022 Energy giant Petrofac is targeting a strong order intake in the second half of the year, as it grapples with lingering impact of the pandemic.
