According to the safety regulator, inadequate operations and training were factors that led to an accident resulting in the death of two workers.
Wind farm operators will no longer be permitted to retain excessive profits
As part of an effort to curb energy costs, wind farm operators will no longer be allowed to retain excessive profits through a revision of subsidy regulations.
Bernard Looney, the CEO of BP, saw his pay rise by more than two-fold following the company’s exceptional profits.
BP CEO Bernard Looney’s compensation package more than doubled to £10 million in 2022, as the company recorded record profits due to high oil and gas prices.
BP’s green strategy “has not changed at all,” its US boss has insisted
BP’s US boss has rejected claims that the company is capitalising on surging oil prices by compromising its green ambitions.
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
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
The oil and gas sector in the UK has raised concerns that the imposition of windfall taxes is discouraging investment in the industry
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
UK Energy bills to rise by £500 under Ofgem price cap
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
Energy bills to rise £500 from Easter, despite falling gas prices
Despite falling gas prices and warmer weather, households will likely have to pay £500 more for energy starting in April.
Natural gas is set to record its third weekly gain this year
European gas prices have surged for the third consecutive day, as western parts of the region are bracing for icy weather next week.
Ofgem has announced a investigation in British Gas
Ofgem has initiated a broad, unbiased, and comprehensive evaluation of British Gas following the disclosure of its subcontractors’ unlawful entry into households to install prepayment meters.