After an investigation revealed that agents working for British Gas broke into the homes of vulnerable customers to install prepayment meters, the British energy regulator Ofgem ordered all suppliers to
£9bn in customers’ cash hoarded by energy companies
The cash pile exploded over the past year and reached its peak at November’s end when households were facing extreme financial pressure due to the cost of living crisis.
British Gas stops using warrants to force people into prepayment meters
The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.
Shell profits possibly largest ever by UK-domiciled company
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.
Synergia Energy Ltd (AIM:SYN) Cambay C-77H Update
Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to provide the following update concerning the Cambay C-77H well.
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Shell considers quitting the energy market, threatening up to 2,000 jobs in the UK
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
Synergia Energy Ltd (AIM:SYN) Cambay CCS Scheme Presentation
Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to announce the release of the Cambay CCS Scheme Presentation on its website (www.synergiaenergy.com/news).
Synergia Energy Ltd (AIM:SYN) Update – Removal from the Official List of the ASX
On 18 November 2022, Synergia Energy Ltd (the “Company” or “Synergia”) (formerly named Oilex Ltd) advised it had submitted a formal application for its removal from the Official List of
Synergia Energy Ltd (AIM:SYN) Shareholder Video Presentation
Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to announce the release of a Shareholder Presentation on its website (www.synergiaenergy.com/news).
National Grid is on standby to help households reduce their energy consumption
National Grid is available to alert households to reduce their electricity consumption in the coming days, amid a possible supply shortage.