Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
In the early 2000s, the North Sea oil and gas industry, centered around Aberdeen, reached its pinnacle, producing over 2.7 million barrels of oil each day, which accounted for 3.6%
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.
Amid the ongoing sanctions and amid the US and its allies’ efforts to tighten them over the invasion of Ukraine, Russia has managed to stash roughly one-third of its $227
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from
According to the trade body of the UK oil and gas industry, Offshore Energies UK, companies in the sector are reducing their operations in the North Sea and prioritizing investment
Starting from April, Ofgem is reducing the maximum amount energy suppliers can charge consumers by almost £1,000. The regulator has cut the price cap to £3,280 from the current £4,279
Despite falling gas prices and warmer weather, households will likely have to pay £500 more for energy starting in April.
European gas prices have surged for the third consecutive day, as western parts of the region are bracing for icy weather next week.
The enormous blue and yellow flag, which was subsequently carried by passing vehicles, was claimed by the campaign group Led By Donkeys.