Trump Tells Starmer to Drill North Sea Oil, Criticises Wind Energy
Donald Trump has called on the UK government to expand North Sea oil and gas drilling, criticising wind energy and highlighting Norway's higher-priced exports to Britain.
Donald Trump has called on the UK government to expand North Sea oil and gas drilling, criticising wind energy and highlighting Norway's higher-priced exports to Britain.
South East Water's chief executive David Hinton will not accept a performance bonus this year after thousands of customers in Kent and Sussex suffered water supply disruptions.
BP forecasts exceptional earnings from oil trading due to market volatility from the US-Israeli war on Iran, with Citi analysts upgrading profit forecasts by 20% to $2.6bn for Q1.
Western Australia has purchased 4 million litres of diesel to create its own strategic fuel reserve, costing $10 million, with plans to expand storage and not share supplies.
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RecommendedSouth East Water's chief executive David Hinton has apologised to MPs for failures in handling supply disruptions that left thousands without water in Kent and Sussex.
Professor Nick Butler, ex-BP vice-president, warns diesel prices could soar beyond £2 per litre due to Iran conflict, urging government to promote remote working to conserve fuel.
The RAC predicts petrol and diesel prices will fall by several pence per litre, following sharp rises that cost motorists £1.2 billion extra since February.
A former BP executive warns of imminent fuel shortages due to the Strait of Hormuz closure, urging ministers to promote remote work and develop a national emergency plan.
UK petrol and diesel prices have soared since the Iran war, pushing consumer interest in electric vehicles up by 23% for new models and 30% for used ones, with EVs projected to save billions in running costs.
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RecommendedMillions of UK households with smart meters could be paid to use electricity during sunny and windy periods under a new National Energy System Operator initiative launching this summer.
British drivers are turning to electric vehicles as petrol costs spike due to Middle East turmoil, with data showing significant savings and increased consumer enquiries.
South East Water's chairman admitted failing customers after thousands were left without water for weeks. MPs grilled executives over leadership and response to outages.
The RAC forecasts petrol and diesel prices could fall by several pence per litre soon, offering relief to UK drivers after weeks of sharp increases, though some experts remain skeptical.
UK fuel prices hit record highs as Iran conflict disrupts oil shipping. Finance expert Iona Bain shares simple tools like PetrolPrices.com to help drivers save money.
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RecommendedFormer government adviser Professor Nick Butler recommends work-from-home policies to combat energy shortages driven by Middle East tensions, warning of diesel prices exceeding £2 per litre.
UK households face rising energy bills this summer, with the price cap expected to hit £1,861. Learn how to claim up to £1,700 in support from schemes like British Gas, OVO, and Octopus.
The UK is experiencing record renewable energy levels, prompting calls for households to use more electricity overnight to balance the grid and reduce bills.
BP anticipates a significant profit jump driven by soaring oil prices from the Middle East conflict, while households face rising energy and food costs. Analysts forecast a 20% increase in quarterly earnings.
BP has upgraded its first quarter oil trading guidance, citing soaring crude prices due to the US-Israel war on Iran. Brent crude has surged over 60% this year, impacting profits.
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RecommendedFormer government adviser Professor Nick Butler warns of diesel prices exceeding £2 per litre and recommends working from home to combat energy shortages following the Iran conflict.
The UK is experiencing record renewable energy levels, prompting calls for households to use electricity overnight to balance the grid and lower bills.
A new scheme rewards households for using appliances during periods of excess electricity supply, aiming to balance the grid and reduce energy waste.
Chancellor Rachel Reeves announces a £599 million investment in Rolls-Royce to develop small modular nuclear reactors, aiming to enhance energy sovereignty and power three million homes by the 2030s.
Chancellor Rachel Reeves announces £600 million funding for Rolls-Royce to develop the UK's first small modular nuclear reactors, aiming to boost energy sovereignty and create thousands of jobs.
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RecommendedThe National Energy System Operator launches a scheme offering free electricity to households that run appliances during low-demand periods, aiming to balance the grid amid solar power surges.
BP forecasts an exceptional first-quarter oil trading result, driven by soaring crude prices following the US-Israel war on Iran, with Brent crude up over 60% this year.
Energy suppliers will encourage consumers to use electricity during surplus wind and solar periods to balance the grid and lower bills, with incentives like discounted rates.
Analysis reveals the UK faces a critical energy choice: increase domestic North Sea gas production or become heavily reliant on more polluting US LNG imports as gas demand persists for decades.
National fuel protests in Dublin reveal Ireland's reliance on fossil fuels, government failures, and social tensions amid rising prices and global instability.
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RecommendedThe Department for Work and Pensions is providing over £50 million in immediate assistance to vulnerable households using heating oil, with funding distributed via local councils through the Crisis and Resilience Fund.