Category: Energy
Keir Starmer, Labour leader pledges to end North Sea oil and gas exploration
(qlmbusinessnews.com via bbc.co.uk – – Mon, 19th June 2023) London, Uk – – Labour will end new North Sea oil and gas exploration, but help[more...]
National Grid to keep blackout prevention scheme for coming winter
(qlmbusinessnews.com via news.sky.com-- Fri, 16th June 2023) London, Uk - - An early report on preparations for the winter sees a lower risk of the[more...]
Oil prices rise as Saudi Arabia pledges output cuts
(qlmbusinessnews.com via bbc.co.uk – – Mon, 5th June 2023) London, Uk – – Oil prices have risen after Saudi Arabia said it would make cuts[more...]
Britishvolt co-founder claims Britain’s battery industry ‘doomed by government’
(qlmbusinessnews.com via news.sky.com-- Wed, 17th May 2023) London, Uk - - Britishvolt co-founder Orral Nadjari, speaking to Sky News in his first interview since the[more...]
BP makes $5bn profit in Q1 as shareholders rewards stepped up
(qlmbusinessnews.com via news.sky.com-- Wed, 3rd May, 2023) London, Uk - - The company says it is "growing distributions" to shareholders as its headline profit number[more...]
SSE to invest $122 million in Scottish pumped hydro project
(qlmbusinessnews.com via uk.reuters.com -- Tue, 21st Mar 2023) London, UK -- British power generator SSE will invest 100 million pounds ($122 million) in a Scottish[more...]
Prepayment energy meter bills to be cut by £45 for over 4m UK households
(qlmbusinessnews.com via bbc.co.uk – – Mon, 13th 2023) London, Uk – – More than four million struggling households are set to save £45 a year[more...]
Octopus seeks £100m funding boost for electric vehicles arm
(qlmbusinessnews.com via news.sky.com-- Mon, 27th Feb 2023) London, Uk - - Octopus Electric Vehicles is working with bankers at Investec on securing a big funding[more...]
Ofgem told energy suppliers to uninstall prepayment meters
(qlmbusinessnews.com via theguardian.com - - Tue, 21st Feb 2023) London, Uk - - Ofgem says energy companies must compensate customers now rather than wait until[more...]
Shell makes ‘obscene’ $40bn profit largest in UK corporate history
(qlmbusinessnews.com via theguardian.com - - Thur, 2nd Feb 2023) London, Uk - - Sunak government under pressure after gas prices fuel ‘outrageous’ doubling of profits[more...]
Shell to spend $450m on carbon offsetting on growing fears of “phantom credits”
(qlmbusinessnews.com via theguardian.com - - Thur, 19th Jan 2023) London, Uk - - British multinational to spend huge sums on schemes that do not bring[more...]
Centrica forecasts eightfold rise in earnings amid soaring gas prices
(qlmbusinessnews.com via theguardian.com - - Thur, 12th Jan 2023) London, Uk - - Ukraine war’s effect on wholesale gas prices prompts third upgrade in a[more...]
