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The Houthi threat to Saudi oil exports comes as Japan, South Korea and the Philippines are still reeling from the closure of the strait of HormuzGovernments in Asia are scrambling to avoid their second major energy crisis in six months, as another mari…
KKR and Energy Capital Partners poised to buy firm despite misgivings from founder and biggest shareholdersBusiness live – latest updatesOne of the biggest energy businesses listed on the London Stock Exchange has agreed a controversial £5.7bn takeover…
Law change means renters and flat owners may be able to cut bills as energy costs soar amid Iran warBritish households will be able to buy plug-in solar panels later this summer after the government changed the law so the UK’s biggest retailers could b…
Equinor benefits from decision to increase oil and gas production during strait of Hormuz blockadesBusiness live – latest updatesProfits at Norway’s state oil company nearly doubled to $11.5bn (£8.6bn) in the three months to the end of June as the jump…
Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuelClimate campaigners have declared a victory after the Bank of England said it would no longer accept bonds linked to one of the most polluting industri…
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilersAndy Burnham is considering radical plans that could cut household energy bills by £130 a year and make running a heat pump cheaper than a…
Campaigners say field will bring minimal benefit for UK economy, as industry lobbies Burnham for go-aheadMore people can fit on to the top deck of a standard London bus than will be directly employed on the new Jackdaw gasfield in the North Sea, indust…
Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustr…
Timing of Devon switchoff ‘could not be worse’, says board, as members face an estimated £2m in lost revenue Britain’s biggest community solar project has been forced to shut for the duration of its first summer by the government’s energy system operat…
Greenland Energy says billions of barrels of crude lie beneath territory and claims it has exploration permits – a claim flatly denied by NuukOn 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was th…