E.ON completes OVO acquisition as retail competition shifts towards flexibility

Completion brings OVO’s approximately four million customers alongside E.ON Next’s 5.6 million. Existing tariffs and customer service arrangements remain unchanged immediately after the deal. The strategic prize is a larger platform for flexible energy services,… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
UK widens Russian oil sanctions, commits £20 million to Ukraine

New measures target two oil companies and 12 additional shadow fleet tankers within a package of 38 designations. The government says sanctioned producers now account for more than 90% of Russian oil production capacity, not that this output has been removed from the market. Parallel support for Ukraine’s grid repairs, generators and solar underlines the […]