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Oil and gas company to return another $1.5bn to investors through a share buybackBP has angered climate campaigners by reporting profits of $2.6bn (£2bn) for the second quarter of the year as the climate crisis triggers extreme heatwaves around the wor…
Shadow net zero secretary attacks Sunak’s ‘perverse’ policy as Shell and British Gas report large profitsUK politics live – latest updatesBusiness live – latest updatesRishi Sunak has been urged to close the holes in his “Swiss cheese” of a windfall ta…
Campaigners criticise plan to increase oil and gas production despite extreme heat in EuropeShell has reignited outrage among climate activists by handing billions to its shareholders after making profits that campaigners have described as “obscene”.Pr…
Winter customer service plan part of proposals to stop households and businesses being shortchanged Energy suppliers could be forced to keep customer service lines open on evenings and weekends this winter under rules proposed by the regulator for Grea…
Exclusive: Move follows outcry from small firms, charities and others about hidden commission feesThe energy dealmakers overcharging small firmsRogue energy brokers are to be brought to heel by the industry regulator in a crackdown seeking to stop smal…
Environmental law charity claims energy firm cannot achieve net zero goal with current transition planAn environmental law charity has lost an attempt to revive a lawsuit against Shell over its climate strategy after the high court in London refused pe…
Greenpeace criticises ‘scandalous’ expansion approved by UK government over past two yearsNew oil and gas licences for the North Sea that the UK government has approved in the past two years will produce as much carbon dioxide as the annual emissions o…
Regulator urged to expose the hidden commission fees middlemen charge which inflate company billsA coalition representing 1m small businesses is urging the energy regulator to crack down on the rogue energy brokers who rip off firms, charities, care ho…
Campaigners’ pressure sees London mayor withdraw approval for stoves billed as better for the environmentThe London mayor Sadiq Khan has withdrawn his endorsement of woodburning stoves promoted as “environmentally friendly” after a surge in sales of th…
Swedish energy giant Vattenfall says costs have climbed 40% due to rise in global gas prices Business live – latest updatesThe government’s green energy ambitions have been dealt a blow after plans for a giant offshore windfarm off the Norfolk coast gr…