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Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assetsBP has agreed a deal to sell off its onshore wind business in the US as the oil multinational turns its back on renewable energy after a failed attempt t…
Exclusive: Letter signed by 59 MPs criticises party’s deputy leader after his warning to energy firms over new contractsUK politics live – latest updatesA group of nearly 60 Labour MPs has written to Richard Tice challenging the Reform UK deputy leader…
Industry says party’s threat to strip wind and solar subsidies if it enters power undermines national interestBusiness live – latest updatesBritain’s green energy industry has accused the Reform UK party of undermining the national interest by threaten…
Hundreds of mechanical engineers stopped work in protest over ‘management practices’ at construction siteHundreds of workers at the Hinkley Point C nuclear construction site in Somerset have staged a wildcat strike in protest against alleged bullying b…
The $1.6bn Biden-era plan for a gas-powered blast furnace at a steel mill in Middletown, Ohio, is indefinitely on holdA Biden-era plan to implement a gas-powered blast furnace at a steel mill in Ohio, which would have eliminated tons of greenhouse gase…
Europe accused of ‘trampling over Palestinian rights’ with deal linked to imports from pipeline running parallel to Gaza coastThe EU is “trampling over Palestinian rights” and risks breaching international law, over an energy deal signed with Israel to…
Proposal to vary electricity charges in England, Wales and Scotland based on location dropped in favour of ‘fair and affordable’ single priceBusiness live – latest updatesThe government has abandoned plans for “zonal pricing” that would have charged el…
UK government writes to husband and wife team amid concerns finding buyer for insolvent plant will be difficultThe UK government has written to the husband-and-wife team behind the insolvent Prax Lindsey oil refinery in Lincolnshire urging them to “do …
Energy minister decides against ‘zonal pricing’, backed by Octopus founder but opposed by many other energy firmsEd Miliband has abandoned plans to charge southern electricity users more than those in Scotland, after senior officials warned it could pu…
Supplier failed to issue final bills to 34,000 prepayment customers who stopped using it, Ofgem findsBusiness live – latest updatesThe energy regulator has ordered Octopus Energy to pay £1.5m in refunds and compensation, after an investigation found th…