The Latest Breaking News on Energy

Deep recession coming unless government acts on fuel bills, warns City

Fuel bills “devastating” for many admits Ofgem

Evening Standard · Aug 26, 2022

Zaporizhzhia: World ‘one step away’ from nuclear accident in Ukraine, says Zelensky

Electricity to Eurpoe’s largest nuclear plant was cut for hours

Evening Standard · Aug 26, 2022

Energy price cap hiked to more than 80% to £3,549 from October 1 as costs soar

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31, when it will be adjusted again.

Edinburgh Live · Aug 26, 2022

British Gas offering up to £1500 towards energy bills to customers with any supplier

There are also other schemes available to help those struggling

Nottingham Post · Aug 26, 2022

Iraq Threatens New Legal Action against Kurdistan Crude Buyers

Iraq's state-owned oil marketer SOMO has threatened fresh legal action against buyers of crude oil originating from the semi-autonomous Kurdistan region, according to a letter dated Aug. 23 seen by Reuters. The letter is the latest in a series of moves by Iraq's oil ministry to try to control oil…

Asharq Al-Awsat · Aug 26, 2022

Energy price cap to rise more than 80% to £3,549 from October 1, Ofgem confirms

The cap will come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, and will remain in place until December 31.

Glasgow Live · Aug 26, 2022

Energy bills to rise more than 80% to £3,549 from October

The massive rise was confirmed this morning, sparking fears about a huge increase in poverty.

Daily Record · Aug 26, 2022

Net zero can boost India’s GDP, says report

By reaching target by 2050, India can boost annual GDP by as much as 7.3% and create nearly 20 million additional jobs by 2032, it says

The Hindu · Aug 26, 2022

Ofgem price cap: Energy bills to soar for millions as cap rises to £3549

24 million households are expected to be impacted by the price spike

Evening Standard · Aug 26, 2022

Ofgem confirms energy price cap will soar to £3,549 from October in 80% rise

Ofgem chief executive Jonathan Brearley warns of hardship energy prices will cause this winter

The Independent UK · Aug 26, 2022