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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…
Neso asks for extra supplies from electricity generators to cope with added demand on Thursday nightGreat Britain’s energy system operator has warned that “extreme temperatures” could hit power supplies on Thursday night, as the UK entered its third he…
Brent crude benchmark rose to more than $80 a barrel, its steepest increase since ceasefire beganOil markets have recorded their sharpest price rise in nearly two months after a series of attacks on fossil fuel tankers near the strait of Hormuz led Don…
Typical bill will surge by £220 a year from Wednesday, forcing 13.5m homes to spend over 10% of income on fuelMillions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills …
Quarterly Ofgem price cap rises to equivalent of £1,862 a year from 1 July amid growing consumer energy debtMinisters are facing growing pressure to lower energy costs as households in Great Britain face the steepest rise in summer bills in four years …
Neso asks generators to provide extra electricity on Friday evening to meet demand from fans and air conditioningBusiness live – latest updatesGreat Britain’s energy system operator raised the alarm over electricity supplies for the second time this we…
Three pumped storage hydroelectric power station sites in Scotland on list of 16 long-duration electricity storage plansThe energy regulator has given the provisional green light for the construction of the first new hydropower projects in more than 40…
King Charles’s property management firm rakes in £1.2bn as it continues to benefit from offshore windfarm boomKing Charles’s tax bill: what did we learn and what is still in the dark?King Charles’s property management company has made more than £1bn fo…
French capital hails ‘landmark decision’ against oil firm relating to disclosure of emissions from oil and gas productsA Paris court has ruled that the French oil company TotalEnergies must disclose the climate risks linked to emissions from its oil a…
Stock markets on both sides of Atlantic up as concerns ease over prospect of another inflationary shockBusiness live – latest updatesOil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz.Brent crude, the global b…