BP appoints Meg O'Neill as new CEO in strategic shake-up
BP shocks markets by replacing CEO Murray Auchincloss with Woodside's Meg O'Neill. Analysts question timing as shares remain flat. Will the new leader accelerate the oil giant's pivot?
Category : Search result: gas and electricity
Ofgem price cap rises to £1,758 in New Year
The energy price cap will increase by 0.2% from January 1st, raising average bills to £1,758. Experts warn of record energy debt as 34 million households face higher costs.
Renewable Grid Slashes Electricity Costs by a Third
New analysis reveals electricity generation costs are 33% lower in a grid powered by 82% renewables. Discover how wind, solar, and storage are transforming energy economics.
UK faces gas shortage risk without home production boost
A leading energy expert warns the UK is dangerously close to gas shortages. With 85% of homes reliant on gas, securing domestic supply is critical for national security and avoiding price spikes. Read the urgent call to action.
Calls for UK Gas Export Curbs and East Coast Reserve
Industry leaders urge the UK government to immediately restrict gas exports and establish an east coast reserve to protect consumers from soaring energy prices and supply shortages.
Harbour Energy cuts 100 jobs, blames windfall tax
The UK's largest oil and gas producer, Harbour Energy, announces 100 offshore job cuts, citing the 'uncompetitive' windfall tax. Read the full story on the impact on the North Sea sector.
Buried Report Warns of UK Gas Security Risk
A critical report on UK gas security risks was quietly released on Budget Day, raising concerns over supply vulnerabilities and political transparency. Read the full analysis.
Court upholds UK government's oil and gas licences
Oceana UK loses High Court bid against government over 28 oil and gas exploration licences. Judge rules climate and spill assessments were lawful. Read the full ruling details.
200 Scottish homes without power after severe gales
Around 200 properties across Scotland remain without electricity following destructive overnight gales. Power restoration efforts continue after winds reached 75mph. Stay updated on the recovery.
Gas Supply Crisis Warning for UK by 2030
National Energy System Operator warns ministers of potential gas shortfalls on coldest winter days, risking supply cuts to homes and businesses. Urgent government action required.
UK Gas Shortage Warning as North Sea Production Falls
Britain's grid operator warns of severe gas shortages due to declining North Sea production and rising import dependency. Discover the risks and urgent calls for government action to secure future energy supplies.
Australia's Environmental Law Reform Sparks Concern
Australia's revised environmental legislation blocks fast-tracked fossil fuel projects but ignores climate impacts. Expert analysis reveals why this partial victory leaves lasting concerns for natural heritage.
Trade body: Government taxing oil and gas sector to death
Aberdeen Chamber of Commerce warns 160,000 jobs at risk after Chancellor Rachel Reeves refuses to scrap the energy profits levy in the Budget. Discover the fallout.
UK Christmas electricity use soars 7 times higher
British households will consume seven times more electricity on Christmas Day, enough to watch Home Alone 183 times. EDF offers free power to ease costs.
Ed Husic demands cheaper Australian gas prices
Labor MP Ed Husic delivers a powerful speech demanding gas producers provide cheaper fuel for Australia, criticising a 'distorted' market. Read his full demands for energy reform.
Australia faces domestic gas shortage by 2028
Australia exports three-quarters of its gas, risking domestic shortages by 2028. Former minister demands action against 'profiteering' as mortgage costs soar.
Husic demands end to gas 'profiteering' by exporters
Labor MP Ed Husic breaks ranks, demanding strong action to fix Australia's 'fundamentally distorted' gas market and end exporter profiteering for cheaper energy.
Car hits gas substation, Pagham residents evacuated
Emergency services have evacuated multiple properties in Pagham, West Sussex, after a car crashed into a gas substation. A 100m exclusion zone is in place. Avoid the area.
Car crashes into Pagham gas substation, homes evacuated
A car has crashed into a gas substation on Pagham Road, forcing the evacuation of multiple homes. Three fire crews are on the scene. Avoid the area.
Car Crash into Gas Substation Forces Evacuations
Residents evacuated after a car crashed into a gas substation on Pagham Road. A 100-metre safety cordon is in place. Avoid the area.
Business leaders demand end to windfall tax and oil ban
Leading Scottish figures Martin Gilbert and Sir Ian Wood urge Rachel Reeves to scrap the windfall tax and oil licensing ban to protect jobs and investment. Act now for UK energy security.
Energy price cap falls by £122 in July, Ofgem confirms
Ofgem announces energy price cap will drop to £1,568 in July, saving typical households £122 annually. Discover what this means for your bills and future energy costs.
Trump Approves Offshore Drilling in California and Florida
The White House reveals plans for new oil and gas drilling off California and Florida coasts, sparking bipartisan opposition over environmental concerns and tourism impacts.
Oil & Gas Emergency Declared Over Mossmorran Closure
Scottish Conservatives declare UK oil and gas emergency as ExxonMobil's Fife plant faces partial closure, threatening hundreds of skilled jobs. Labour government faces criticism over Net Zero policies.
Union urges Chancellor to cut oil and gas windfall tax
GMB Scotland calls on Rachel Reeves to ease the windfall tax, warning it risks jobs and investment. The union demands a measured transition to net zero. Read the full story.
Australia's renewable energy push backfires on power prices
Exclusive analysis reveals Australia's rapid transition to renewables has triggered soaring electricity costs, with consumers paying the price for grid instability and infrastructure challenges.
Scotland's energy policies risk UK crisis, warns Badenoch
Kemi Badenoch issues urgent warning that Scotland's anti-fossil fuel policies threaten UK energy security and could trigger economic crisis as North Sea production declines.
Octopus Energy Cuts Gas & Electricity Prices From July
Millions of British households are set for welcome relief as Octopus Energy slashes gas and electricity prices from July 1st, 2024, offering one of the market's most competitive rates.
Free Artisan Electricity: Your 3-Hour Power Gift
Households across the UK will receive three hours of complimentary artisanal electricity in an unprecedented national initiative. Discover what makes this 'power gift' special and how to maximise your free energy window.
Energy giants unite to prevent mass job losses
In a dramatic political intervention, renewable energy leaders have united with traditional oil and gas companies to demand urgent government action, warning that Britain faces devastating employment consequences without immediate policy support.
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