Sir Keir Starmer has pledged to stop investing in new British oil and gas fields if Labour wins the next election.
UK Households get £600 energy bills boost
As a result, energy bills could drop by as much as £600 this summer as was previously anticipated. This is due to falling wholesale prices. This boosts households and the
Rebuilding Ukraine to cost more than double World Bank estimate, says BlackRock boss
At an event in Davos, Volodymyr Zelensky, the head and largest money manager in the world, said that Ukraine will need more than $750bn (£608bn).
Gas prices are dropping – so why isn’t your bill?
In desperate times, you need to take drastic measures. There are many money-saving tips available in a world where energy bills continue to rise.
European gas prices slump to 16-month low
As China’s stockpiles are full, natural gas prices have fallen to a 16-month low in Europe. This has forced buyers to ship supplies to Europe.
UK will pay the price of demonising fossil fuels for a decade to come
Although the current warm winter and economic problems in China may have caused wholesale energy prices to drop back, we shouldn’t be fooled.
Where Will Europe Get Its Diesel From in 22 Days’ Time?
Within three weeks, all seaborne diesel deliveries from the EU’s largest external supplier will be banned.
UK Energy bills forecast to fall further as gas prices tumble
In a boost for households and the government, the energy bill forecasts were cut for the second consecutive week.
Electric car production slows as drivers opt for cheaper wet fuel models
Electric cars are approximately £10,000 more expensive than petrol equivalents
Oil price cap costing Vladimir Putin £140m a day
The Kremlin is paying approximately £140m per day for the price cap on Russian oil that was imposed by the G7 group.
Russia borrows record $56bn in a month as sanctions batter Putin, up more than 30pc compared to pre-war forecasts
Russia’s deficit increased to record levels in December, as sanctions on oil export revenues led to a drop in Russia’s budget. Vladimir Putin was also forced to spend more money