US states sue Trump administration over cancelled offshore wind lease
June 4, 2026
A coalition of seven US states led by New York has sued the Trump administration for cancelling the Attentive Energy offshore
Finance & Legal
UK construction sector shrinks as energy costs bite
June 4, 2026
The Royal Institution of Chartered Surveyors said its net workloads balance for UK construction fell to -12% in the first quarter
National Wealth Fund commits £200 million to ABP port upgrades
June 3, 2026
The UK’s National Wealth Fund (NWF) has agreed to provide £200 million in financing to Associated British Ports (ABP) as part of
BP hopes to offload North Sea assets dashed after Ithaca talks fail
June 3, 2026
BP and Ithaca Energy engaged in advanced discussions to sell BP’s remaining UK North Sea oil and gas assets in a
Britain’s budget watchdog to model persistent inflation from energy shocks
June 3, 2026
The UK’s Office for Budget Responsibility (OBR) plans to incorporate persistent inflation caused by the 2022 energy shock and continuing fallout
OVO Energy agrees £10.4 million redress over prepayment‑meter failures
June 3, 2026
OVO Energy will pay £10.4 million after UK energy regulator Ofgem found that the company failed to support some customers with
Hormuz supply disruption pushes refined fuel margins above historical averages
June 2, 2026
Iran’s threats to maritime traffic in the Strait of Hormuz have sharply restricted crude flows and led refiners across Asia to
Investment flows reveal a world hedging its energy bets – IEA
May 27, 2026
Global energy investment is projected to reach $3.4 trillion in 2026, up 5% from 2025. Of that, $2.2 trillion will go
Rachel Reeves strengthens windfall tax and targets energy profits
May 21, 2026
UK Chancellor Rachel Reeves has extended and increased the Energy Profits Levy on North Sea oil and gas producers, introducing a
UK’s High Speed 2 rail project costs balloon beyond £100 billion
May 19, 2026
Transport Secretary Heidi Alexander told MPs that HS2’s estimated budget has risen to £87.7-102.7 billion, with a possible peak of £103
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