The company witnessed growth in sectors including heat and solar services

bp has reclaimed £1.8m from former Chief Executive Bernard Looney, who left in September amid controversy over undisclosed personal relationships, which the board deemed as “serious misconduct.” In December, bp’s board concluded that former Chief Executive Bernard Looney was involved in “serious misconduct” concerning past relationships with colleagues. The oil company’s annual report, released on […]

Chancellor Jeremy Hunt has admitted extending the windfall tax on energy firms was a tough call, citing unexpected profits amid global uncertainty, including the Ukraine conflict

Iberdrola has made an investment of €11.38 billion, resulting in a 10.7% increase in net profit to €4.8 billion

Offshore Energies UK is convening emergency summits this week at its London and Aberdeen offices, gathering its members

French energy giant EDF takes a €12.9 billion charge due to delays and overruns at the Hinkley Point C nuclear project

Trade union UNISON has urged Ofgem to respond decisively to the surging energy prices and record profits in the sector

British Gas has reported a ten-fold increase in profits for 2023, reaching £750 million, attributed to regulator Ofgem allowing the recovery of £500 million in losses incurred after Russia’s invasion of Ukraine

French energy giant TotalEnergies reports its highest-ever profit of $21.4 billion for 2023

Equinor’s fourth quarter profits exceeded expectations, driven by a reduction in operating costs