Eight tankers carrying the equivalent of more than 1.9 million barrels of Russian oil docked in Britain since Putin invaded Ukraine and outraged…
Continue ReadingEnergy Suppliers Lobby Government for Help through Gas Crisis
Written by Lauren Smith in Energy Suppliers
Trade body Energy UK is urging the Chancellor to put in place additional support measures for consumers, suppliers, and the wider economy as…
Continue ReadingMajority of Brits Willing to Pay Higher Energy Bills to Ditch Russian Gas
Written by Lauren Smith in Oil & Gas
Three in five (59%) UK consumers are willing to pay more for energy if it helps undermine Russia’s war on Ukraine, with many…
Continue ReadingCharities from the End Fuel Poverty Coalition (EFPC) are urging the government to intervene to protect the projected 8.5 million UK households that…
Continue ReadingUK Natural Gas Prices Hit Record High Amid Suggestion of Embargo on Russian Imports
Written by Lauren Smith in Oil & Gas
Natural gas prices in the UK and Europe spiralled to record highs on Monday after the US said it was considering an embargo…
Continue ReadingRussian Sanctions Will Come at the Cost of Further Energy Price Spikes in the UK, PM Says
Written by Lauren Smith in Oil & Gas
The British public will have to bear even higher energy bills as the cost of inflicting “pain” on Russia through sanctions, Boris Johnson…
Continue ReadingOil Prices Highest in 2016 Ahead of Doha Meeting
Written by Danny Lord in Government Policy Oil & Gas
A combination of factors including a weak dollar and talk of a supply freeze have pushed oil prices up past $43 a barrel;…
Continue ReadingIn a speech last Thursday, energy secretary Amber Rudd claimed that Britain leaving the EU could add £500 million to the country’s total…
Continue ReadingA warning to consumers has been sent out by the International Energy Agency stating that the current cheap oil prices are not set…
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