US private equity investors have acquired the location intended for Britain’s first electric car battery gigafactory, casting doubts on the UK’s net zero objectives.
Gas prices decrease as it becomes cheaper to burn coal, oil prices decline
Wholesale gas prices have seen a decrease as energy providers shift to coal, which has become more cost-effective.
Gas prices are on track for a fifth consecutive week of decline.
Gas prices are poised for a fifth consecutive weekly decrease, influenced by mild weather conditions and substantial reserves in Europe.
Oil prices falls as Israel delays ground incursion.
Oil prices declined by 2% today as market participants anticipated a postponement of Israel’s ground assault on Gaza.
Gas prices tick higher as U.S warns conflict could spread
European gas prices have surged due to concerns that the Middle East conflict might escalate.
Oil & Gas prices increase due to US sanctions and Middle East tensions.
Oil prices are approaching $90 a barrel following intensified US sanctions on Russian oil exports.
UK Gas prices hit highest level in eight months
British gas prices have continued their march higher as the bloodshed in the Middle East and gas leak in the Baltic Sea raises concerns about supplies.
UK Energy bills expected to fall by £150 from October
The forecast predicts the price cap to decrease to £1,925, yet wholesale gas costs are expected to remain higher than pre-crisis levels.
Security systems of homeowners become ineffective following British Gas’ disconnection.
Hive gadgets cease to function as smart home products are discontinued.
British Gas achieves unprecedented earnings following a £500m increase due to competitors’ bankruptcy.
Centrica PLC (LSE: CNA), the parent company of British Gas, has reported significant profits for the first half of the year, which has spurred an increase in investment, a raised
The IEA warns that households should brace themselves for a further increase in energy bills.
The International Energy Agency’s head, Fatih Birol, has urged families to prepare for a potential increase in energy bills this winter.
British Gas suggests that consumers should prepare for an extended period of elevated energy costs.
Centrica’s Chief Executive, Chris O’Shea, has warned that energy bills are projected to remain high in the foreseeable future, placing added pressure on households that are already financially burdened.