Tag: gas crisis
over 2 years ago
cityam.com

BP brushes off calls for windfall tax amid deepening energy crisis

BP chief executive Bernard Looney has rejected growing calls from the Labour Party for a windfall tax on North Sea fo...

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over 2 years ago
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Ofgem boss unveils tougher measures for energy sector but defends consumer price cap

Ofgem's chief executive has recognised regulation of the energy industry has to be "tougher" after market chaos this ...

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over 2 years ago
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Biden: Nord Stream 2 pipeline will be halted if Russia invades Ukraine

The Nord Stream 2 gas pipeline will be halted if Russia invades Ukraine, announced US president Joe Biden yesterday.

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over 2 years ago
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Industry expert argues consumer price cap hike reflects 'severity of the crisis'

The "severity of the energy crisis" is now becoming a reality for 22m households, argued USwitch's Justina Miltienyte.

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over 2 years ago
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Shell CEO: Windfall tax not the answer to deepening energy crisis

Shell's chief executive Ben van Beurden has pushed back against rising calls for a windfall levy to ease the burden o...

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over 2 years ago
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Household energy bills to rise 54 per cent to £1,971 per year

Household energy bills will rise to £,1971 per year from April 1, after market regulator Ofgem announced its latest u...

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over 2 years ago
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Chancellor to offer council tax rebates to protect households from rising energy bills

The Treasury is preparing a council tax rebate scheme as part of Chancellor Rishi Sunak's plans to ease the pressure ...

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over 2 years ago
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Gas prices rise amid Yamal-Europe pipeline turbulence and Ukraine tensions

Gas prices have recovered from a mini-slump this month after flows in the Yamal-Europe pipeline were halted in both d...

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over 2 years ago
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Ofgem to unveil new price for household energy bills tomorrow

Market regulator Ofgem is set to announce the latest adjustment to the price cap tomorrow, amid fears of household bi...

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over 2 years ago
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ExxonMobil records strong profits after cost-cutting measures

Exxon Mobil Corporation (Exxon) has revealed full-year profits of $23bn, following a strong fourth-quarter of trading...

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over 2 years ago
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Fresh doubts over Nord Stream 2 pipeline as EU put approval process on hold

Approval for Nord Stream 2 has been put on hold, and the European Commission will scrutinise the project's compliance...

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over 2 years ago
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Government fights off calls for new CO2 supply deal despite industry pressure

Emergency supply deals arranged last year between Downing Street and the UK’s key CO2 producer came to an end yesterd...

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over 2 years ago
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Shell: What to expect from the oil and gas giant's upcoming fourth-quarter results

Shell is set provide investors with a key update on its massive $7bn share buyback scheme during its fourth-quarter r...

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over 2 years ago
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IEA suggests countries could turn to coal amid soaring gas prices

European gas demand could decline this year as high prices make coal more competitive for power generation, according...

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over 2 years ago
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Energy bills could spiral to £,1900 per year warns Cornwall Insights

The consumer price cap will rise to £1,897 per annum for April. according to the latest gloomy forecasts from energy ...

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over 2 years ago
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Energy prices to soar to £1,900 from April

Energy bills are expected to soar to £1,900 from April, following the energy cap increase. Under plans that will be f...

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over 2 years ago
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Exclusive: Utilita boss slams government meddling in energy market

Utilita Energy’s chief executive Bill Bullen has called for the government to stop tampering with the market and help...

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over 2 years ago
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Energy chief slams government meddling in domestic market

Utilita Energy’s chief executive Bill Bullen has called for the government to stop tampering with the market and help...

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over 2 years ago
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British Gas to offer struggling customers £750 payments to help with energy bills

British Gas customers could receive up to £750 to help with their energy bills, with the price cap expect to rise by ...

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over 2 years ago
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Nord Stream 2 pipeline will not be approved if Russia invades Ukraine warns US

The controversial Nord Stream 2 gas pipeline will not be certified if Russia invades Ukraine, warned US State Departm...

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over 2 years ago
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Industry experts call for consumers to adapt energy habits to mitigate rising prices

The habits of energy consumers need to be adapted to minimise the pain from rising household prices this year.

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over 2 years ago
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Government agrees to meet Warrington MP to discuss the demise of Together Energy

Government minister Kemi Badenoch has agreed to meet with Tory MP to discuss the collapse of council-backed supplier ...

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over 2 years ago
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Octopus Energy doubts industry can rescue households from soaring energy bills

Octopus Energy has questioned whether households can be spared from a painful spike in energy bills this spring.

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over 2 years ago
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Investment bank warns gas prices could quadruple if Russia invades Ukraine

Analysts have warned that UK gas prices increase four-fold to over £10 per therm if flows from Russia to the continen...

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over 2 years ago
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Oil prices rebound as fears of Russian invasion rise

Oil prices have recovered amid growing fears of Russian invading Ukraine and a consequent tightening in supplies.

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over 2 years ago
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Sureserve Group revels in rebounding revenues following M&A spree

Sureserve has rebounded strongly from challenging pandemic conditions with a 24.7 per cent boost in revenues.

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over 2 years ago
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Russia has made EU threats look full of hot air

As the EU's supplies shorten, so does its ability to present a united front in the face of the Kremlin's aggression.

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over 2 years ago
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Gas prices soar amid supply shortage fears as Russia-Ukraine tensions escalate

Analysts warned last night that escalating tensions over Russia's seemingly inevitable invasion of Ukraine would hit ...

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over 2 years ago
cityam.com

EU aims to boost gas supplies amid deepening energy crisis and Russia-Ukraine tensions

The European Union is talking with partners as it looks to boost gas supplies amid a deepening energy crisis across t...

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over 2 years ago
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Business Secretary says households will have to wait until March for help with soaring energy bills

Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can ...

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