Gas plunge means cash for Sunak, but no relief yet for consumers
UK government subsidies for household energy bills are expected to plunge to a sliver of their current levels with a slump in wholesale prices.
UK government subsidies for household energy bills are expected to plunge to a sliver of their current levels with a slump in wholesale prices.
Rishi Sunak has bowed to pressure from Tory backbenchers to allow new onshore wind farms by committing to consult on how local communities can consent to fresh projects.
One of Rishi Sunak’s senior Cabinet ministers hinted his government could drop an effective ban on new onshore wind farms, amid growing calls for a U-turn from members of his ruling Conservative Party.
Former prime ministers Liz Truss and Boris Johnson joined a parliamentary rebellion aiming to overturn England’s effective ban on onshore wind farms, creating a fresh headache for UK leader Rishi Sunak.
A conservative MP has called for Just Stop Oil to be branded as a terrorist group in the wake of protests across the country.
Prime Minister Rishi Sunak has vowed to help “turbocharge” investments in South African infrastructure, calling out green hydrogen opportunities in particular.
A financial expert says the oil and gas industry is up against it to deliver for the UK against the backdrop of a growing windfall tax.
Political instability has been flagged by the UK energy sector as the biggest obstacle to companies transitioning to net zero, according to a new report.
As humankind drives relentlessly towards climate catastrophe, just a few days ago the International Energy Agency offered a crumb of comfort regarding CO2 emissions.
Rishi Sunak said it is "pie in the sky" to pretend fossil fuels will not be part of the UK's transition to low carbon sources.
Rishi Sunak’s mooted plans to secure a new deal for US liquefied natural gas (LNG) are unlikely to make a big difference to existing supplies.
Rishi Sunak has come under fire over a windfall tax on oil and gas firms enacted during his time as Chancellor, as Shell confirms it made no additional payments thanks to generous investment rebates.
The UK government is reportedly pursuing a new liquefied natural gas (LNG) supply deal with the US as it looks to secure shipments ahead of next year.
Business Secretary Grant Shapps has said Rishi Sunak is able to attend Cop27 because of the "vast amount" of work that has been completed on the forthcoming autumn budget.
The Huddersfield born Labour prime minister Harold Wilson famously coined the phrase “A week is a long time in politics”. Recent events in Westminster certainly bear that out.
Rishi Sunak has confirmed he will attend the COP27 climate conference in Egypt next week.
Chancellor Jeremy Hunt is considering an expansion of the North Sea windfall tax - despite figures showing a near-700% increase in payments over the last year.
Prime Minister Rishi Sunak heads into his first full week in office with pressure mounting over his COP27 snub and reappointment of Suella Braverman as Home Secretary.
Nicola Sturgeon will attend COP27 in Egypt, the Scottish Government has announced hours after the Prime Minister said he will not travel to the event.
Rishi Sunak's climate credentials were under scrutiny on Friday after the new Prime Minister decided to snub Cop27, amid speculation that he could move to expand the windfall tax on energy companies.
Rishi Sunak will not be attending Cop27 in Egypt next month, Downing Street has said.
Rishi Sunak has reinstated a ban on fracking in England, in a reversal of his predecessor Liz Truss’ policy.
The Government must "explain and demonstrate" how new oil and gas exploration is in line with its climate commitments, Cop26 President Alok Sharma said.
MP for Welwyn Hatfield and former Home Secretary, Grant Shapps, has been named Secretary of State for Business Energy and Industrial Strategy in Rishi Sunak's cabinet.
A Just Stop Oil protestor has doused the headquarters of a controversial lobbying organisation in paint, as part of its latest action during a month of Westminster protests.