How gas keeps the UK’s electricity bills so high – despite lots of cheap wind power
Since the 1990s, the UK has been dependent on natural gas in more ways than one. In 2023 (the most recent year for which we ...
Offshore Technology on MSN7d
UK to overhaul oil and gas windfall tax regime after 2030
The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...
Upstream Online6d
UK operators welcome tax consultation and call for early implementation
The consultation, published on Wednesday, outlines proposals for a profit or revenue-based tax regime for the oil and gas ...
Energy Live News13d
Gas is driving energy bills up, renewables are lowering them
Although renewables make up a growing share of electricity generation, gas power plants still set the price for the entire ...
Urgent £200 warning to British Gas, Octopus, Eon and OVO customers 'act now'
Brits across the nation have been issued a stark warning, ahead of Ofgem's incoming energy price cap. The 6.4 per cent hike ...
UK government looks at allowing oil and gas production via adjacent fields as it bans new licences
The UK government is pushing ahead with plans to halt new oil and gas exploration licences but left room for a “pragmatic” approach to production in a move welcomed by the industry.
British Gas will offer customers half-price electricity tomorrow - time announced
British Gas has announced it will hold its first Green Flex event of the year tomorrow, offering customers half-price ...
Tech Digest11d
UK’s Clean Power 2030 Plan to slash gas imports, boost energy security
The UK's Clean Power 2030 Action Plan is projected to dramatically reduce the nation's reliance on gas imports for power generation.