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Energy

  • Investors cashed out £35m from Bulb Energy before its collapse

    May 22, 2022

    Leading energy traders in the City were among dozens of investors that cashed out £35m from collapsed supplier Bulb before it collapsed into administration.

  • Shareholders to vote on Shell’s climate plans at upcoming AGM amid activist pressure

    May 22, 2022

    Shareholders will vote on Shell's climate transition at the AGM next week with activists putting the energy giant under pressure to ramp up climate targets.

  • EON boss warns 40 per cent of its customers face fuel poverty this winter

    May 22, 2022

    EON's boss warns million more customers could be living in fuel poverty this winter, if the government doesn't step in to provide more help.

  • Eni plans €2.5bn investment into UK energy sector as calls for windfall tax escalate

    May 22, 2022

    Italian oil major Eni will spend at least €2.5bn in the UK over the next four years, amid growing calls for a windfall tax.

  • Business Secretary backs vital minerals plant to reduce dependency on China

    May 22, 2022

    A proposed rare earth metal processing plant on the Humber is set to receive the backing of Business Secretary Kwasi Kwarteng.

  • New habits can drive down energy bills suggest industry experts

    May 22, 2022

    Behavioural changes could help drive down spiralling energy bills for struggling households this winter.

  • Chancellor urged to cut household bills by £200 with ‘retrofit revolution’

    May 20, 2022

     A group of the UK’s most senior housing figures have called for a "retrofit revolution" to cut down household bills.

  • Woodside shareholders back BHP merger

    May 20, 2022

    Shareholders have approved Woodside's proposed merger with BHP Group’s petroleum arm. with 98.66 per cent in favour of the deal.

  • European Commission proposes carbon allowances sell-off to ensure energy security

    May 19, 2022

    The European Commission announced €20bn worth of allowances will be sold to help fund its green ambitions and ensure the bloc's energy security.

  • Russia threatens to send supplies to other countries if EU brings in oil ban

    May 19, 2022

    Russia is prepared to send any supplies rejected by European countries to other regions such as Asia if it brings in more energy sanctions.

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