After nine failed suppliers, major takeovers and a price cap on bills, the energy sector has faced another bruising year which seemed to mark, once and for all, the end of the Big Six.
It’s been a tough run for energy stocks.
A £1 billion undersea energy cable to transmit renewable energy from the north of Scotland to the rest of the country has been hailed as a “critical” part of the country’s fight on climate change.
The following figure is from the Government produced ‘UK greenhouse gas (GHG) emissions national statistics 1990 – 2017’. The bar chart shows the main sectors contributing to GHG emissions.
Ofgem has ripped up 26 gas and electricity licences linked to just five men, as the regulator faces calls to clamp down on pre-packaged energy suppliers after a string of failures in the sector.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
At least £1 billion of North Sea revenues should be set aside to help areas heavily dependent on oil and gas make the switch to a greener economy, Nicola Sturgeon has argued.
The Scottish Government has announced £60 million in funding for a new "centre of innovation" in Dundee.
The energy supply and credit balances of the 134,000 customers of now-defunct Toto Energy will remain unaffected after the industry regulator appointed EDF Energy to take them on.
British electricity generators can expect a £1 billion windfall after a European Commission decision that could restart a controversial subsidy scheme which was accused of favouring fossil fuels.
For the second straight year, the risks of doing business in Saudi Arabia are pushing their way onto the agenda of Saudi Crown Prince Mohammed bin Salman’s glittering investment showcase.
The drone attack which knocked out half of Saudi oil production is likely to put up energy bills for UK consumers, an analyst said.
The search is one for “a mix of grey and green” industry professionals to create new, highly-scalable businesses in the energy sector.
Waste sector businesses are increasingly looking to “Brexit clauses” as a pragmatic solution to the uncertainty created by the UK's looming withdrawal from the EU.
Netherlands-headquartered Mammoet has agreed to buy UK rival heavy lift and transport firm ALE for an undisclosed fee.
Chancellor of the Exchequer Philip Hammond is blocking a set of government proposals to overhaul the U.K. energy industry because of the potential spending implications for a new prime minister, people familiar with the matter said.
Hard-pressed families in the north and north-east could have their energy bills cut by £17 a year under a new initiative by the UK Government.
The Government is presiding over a "failing policy" when it comes to making sure homes and offices are well insulated and energy efficient, MPs have warned.
Households across the country have seen a combined £1.2 billion added to energy bills thanks to 42 price rises in the six months since the Government's flagship price cap was supposed to end rip-off bills, new research has found.
Water flowing from mountains to fjords in Norway will soon be helping power British homes, as the world's longest "interconnector" hooks up the two countries' grids.
Twice as many UK energy industry professionals believe companies and not customers will benefit the most financially from the data revolution in energy, a new report said.
Siemens AG said it will cut 2,700 jobs at its power and gas division, part of a sweeping overhaul announced last month to spin off the embattled business.
A noticeable “change in tone” within the north-east energy sector over the last 12 months has provoked the decision to enhance the focus of Opportunity North East (ONE), according to Sir Ian Wood and Jennifer Craw.
Three energy companies have been slapped with £870,000 in combined fines by the industry regulator after breaking competition law.
The energy regulator has confirmed it will pursue even tighter restrictions on how much profit energy companies can make, in a move it said will result in lower prices for customers.