Ovo Energy profits down by two-thirds
One of the largest challengers to the Big Six energy giants has revealed a two-thirds slump in profits last year due to rising costs ahead of a crackdown on energy bills.
Despite increased demand of electricity caused by the “Beast from the East” cold snap, electricity generation through renewable sources hit a new record high in the first quarter of this year, according to new government figures.
A £31 million investment in a north-east manufacturing base will boost the region’s subsea sector, an industry chief said yesterday.
Energy suppliers in the UK owe thousands of British households £120 each as they got their sums wrong. According to calculations by comparison website uSwitch, bungling energy suppliers owe a huge £1.3billion to 11 million customers for gas and electricity they paid for, but did not use.
Energy giant, Shell, has decided to invest in the UK North Sea. It revealed that it has taken a final investment decision (FID) on the redevelopment of the Penguins area in the UK North Sea.
Energy companies in the UK are bullying customers to install smart meters by telling them smart meters are a legal requirement – which is not so. Customer across the country are being flooded with texts, emails, letters and phone calls from energy companies insisting them to install smart meters,.....
Wind energy giant confirms backing for major renewables event in Bridlington
Renewable energy generators need to optimise vehicle opportunities
MP Neil Parish to call for scrapping scheme for old diesel cars
Gulf International Bank UK Ltd Boosts Stake in Apache Co. (APA)