Octopus Energy Generation hits £8.5bn in renewable assets following European expansion
Octopus Energy Generation has increased renewable assets under management to £8.5bn, covering 5.7 GW across more than 400 sites in 21 countries. The increase was driven partly by a new mandate to manage Renewable Power… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Teesside CCS procurement wave shifts emphasis from ambition to delivery
The North Sea Transition Authority has announced new procurement opportunities related to the Northern Endurance Partnership and Net Zero Teesside Power, ranging from carbon capture equipment installation and compression systems to a cooling tower, cable-station… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Polish-backed SGE targets £35 billion UK SMR fleet in test of private nuclear model
SGE, the nuclear platform backed by Polish billionaire Michał Sołowow, has applied to build 14 GE Vernova Hitachi BWRX-300 reactors across three UK sites, representing 4.2GW of capacity and a claimed investment of £35bn. The… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
UK car lobby warns of £1.4 billion post-Brexit tariff threat
The Society of Motor Manufacturers and Traders (SMMT) cautions that without changes to post-Brexit rules, 70% of battery electric and plug-in hybrid vehicles exported between the UK and EU will face a 10% tariff from… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
JERA launches Singapore hub to integrate LNG and low-carbon fuels
Japanese utility JERA has created JERA Global Energy Solutions (GES) in Singapore to consolidate strategy, procurement and investments across its liquefied natural gas (LNG) and low-carbon fuel value chains. The new unit will develop a stable and diversified long-term LNG portfolio while advancing ammonia and hydrogen projects, working alongside JERA’s existing trading arm, JERA Global […]
Labour MPs press Burnham to reject Rosebank as North Sea debate sharpens
More than 60 Labour MPs and MSPs have urged Andy Burnham to resist pressure to approve the Rosebank oil field, arguing that a new oil development would undermine the government’s climate and clean-power agenda. The… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
BP scraps deputy chief executive role with Carol Howle and HR chief to exit
BP deputy chief executive Carol Howle will retire in the third quarter, less than three months after being appointed to the role following a period as interim chief executive. Chief executive Meg O’Neill will not… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
EU signs historic tripartite agreement on energy storage deployment
The European Commission and 22 EU member states have signed the first‑ever tripartite agreement uniting governments, industry and finance to accelerate energy storage deployment. The commitments total 30-35 GW of new storage by 2028, although… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Shell sees LNG demand rising 65% by 2050 as Asia reshapes global market
Shell expects global LNG demand to rise from 422 million tonnes in 2025 to nearly 700 million tonnes a year by 2050, driven chiefly by South and Southeast Asia. The forecast comes as disruption in… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
How affordable domestic gas can deliver UK energy security – Reabold Resources
By Sachin Oza, co chief executive officer at Reabold Resources. Back in 2000, the UK was an energy powerhouse. North Sea gas output was at its peak with North Sea oil and gas revenues increasing… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]