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Energy

  • Energy sector workers fear UK jobs could vanish in net zero push

    July 6, 2023

    More than half of workers operating in the oil and gas sector fear the shift towards net zero will put their jobs at risk within two years.

  • Thames Water backer USS faces grilling from pensions watchdog

    July 5, 2023

    The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.

  • Crisis-hit LME hires ex-London Stock Exchange chief to manage clearing house

    July 5, 2023

    LME Clear has turned to a former London Stock Exchange chief executive as it scrambles to restore investor confidence.

  • Just Stop Oil suspend play at Wimbledon after protestors invade Court 18

    July 5, 2023

    Wimbledon became the latest major sporting event targeted by protesters after two people wearing Just Stop Oil T-shirts invaded Court 18.

  • Water companies will seek household bill rises says Ofwat boss

    July 5, 2023

    Water companies are planning to increase prices further for households, according to industry regulator Ofwat.

  • Sunak’s government set to miss £11.6bn climate commitment

    July 5, 2023

    Rishi Sunak’s promise to meet an £11.6bn climate and nature pledge looks set be missed, according to a leaked internal memo.

  • Gas prices stay persistently high as prospect of bleak winter bills ratchets up

    July 5, 2023

    Gas prices remain stubbornly high this summer, dashing hopes of lower energy bills over the winter when demand will be at is at its peak.

  • FTSE-listed Prospex confirms first gas at new Italian field

    July 5, 2023

    Prospex Energy has announced first gas at the freshly developed onshore Selva field in the Po Valley region of Northern Italy.

  • Ofwat boss fails to rule out more supplier struggles after Thames Water woes

    July 5, 2023

    Water suppliers will not be allowed to rack up debts and underinvest again following Thames Water’s financial troubles, Ofwat vowed yesterday. 

  • Cornwall Insight: Don’t expect energy bills to ease this winter

    July 4, 2023

    Energy bills will remain near double pre-crisis levels, suggests Cornwall Insight in its latest price cap forecasts.

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