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Energy

  • Environment group loses High Court fight with Shell directors

    July 24, 2023

    An environment campaign organisation has lost another round of a High Court fight with directors of oil giant Shell.

  • Thames Water owner Kemble hit with downgrade in debt ratings

    July 24, 2023

    Thames Water owner Kemble has suffered a downgrade in the credit rating of its debts from influential agency Moody’s.

  • Oil markets consolidate July’s gains as China prepares stimulus measures

    July 24, 2023

    Oil prices remain above $80 per barrel, with predictions of stimulus measures in China underpinning both major benchmarks.

  • Shapps has fired the starting gun on UK nuclear hopes but there must be no more delays

    July 24, 2023

    Grant Shapps turned up fashionably late to the launch of industry vehicle Great British Nuclear, but the country needs no more delays.

  • Macquarie’s role in UK gas network should ‘concern’ government, MP warns

    July 24, 2023

    Macquarie’s growing role in the country’s gas network has raised the concerns of the chair of an influential Westminster committee.

  • Octopus Energy pledges £15bn investment in offshore wind by the end of the decade

    July 24, 2023

    Octopus Energy will team up with institutional investors to spend $20bn (£15.6bn) on offshore wind projects over the rest of the decade.`

  • Energy giants set for scrutiny as latest results come amid cost of living crisis

    July 23, 2023

    Energy giants will be under fresh scrutiny this week, as the latest batch of results are announced by the world's largest oil and gas producers.

  • Shapps pledges to ‘max out’ North Sea’s oil and gas reserves

    July 23, 2023

    The government will “max out” the UK’s remaining reserves of North Sea oil and gas, declared energy security secretary Grant Shapps.

  • UK rejects AMTE Power’s urgent plea for funds as it works to avoid administration

    July 23, 2023

    AMTE Power faces an increasingly uncertain future, with its urgent pleas for financial support from the government have fallen on deaf ears.

  • Outfox the Market fined £1.8m as Ofgem scrutinises suppliers’ finances

    July 23, 2023

    Outfox The Market will pay a hefty £1.8m for failing to provide financial data to Ofgem, which is scrutinising the economic stability of suppliers.

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