Kwasi Kwarteng reportedly held private Met Office briefing with energy bosses

The briefing said that the UK will face mild and wet conditions through the winter

Energy firms ‘urge government to ditch green taxes this winter’

Energy bills could further increase by an estimated £150 as a result of the taxes

bp-backed energy firm is ‘close to collapse’

Energy supplier Pure Planet is reportedly in talks with Ofgem to enter the Supplier of Last Resort process

Stricter rules ‘will be set to halt energy firms’ greenwashing’

The measures will allegedly protect consumers that may be misled into signing up to ‘green’ tariffs based on false green credentials

BP announces joint venture with Argentinian firm

BP has announced a joint venture with a firm in Argentina to form a new energy company. Its agreement with Bridas Corporation will combine their interests in oil and gas producer Pan American Energy (PAE) – the second largest in the country – and refiner Axion Energy. BP said the new company, Pan American Energy […]

UK shale firm IGas to cut more than 25% staff

Shale gas company IGas plans to cut more than a quarter of its staff and close an office in Stirling. The company, which has around 200 employees, said the cuts were due to the lower price of oil. It said: “In light of the prevailing oil price environment, IGas has undertaken a review of its […]

npower to cut 1460 British jobs and outsource to India

Energy giant npower has confirmed plans to cut 1,460 jobs as part of a major restructuring of its UK customer service activities. The company, owned by German firm RWE, said a number of its sites in the UK will be closed while some back office functions would be outsourced to India as it aims to […]

Energy customers left on hold for ’29 minutes’

Energy companies are keeping consumers waiting on hold over the phone for as long as half an hour, new research reveals. An investigation by Which? found that on average, the consumer body was left waiting on hold for between 21 seconds (by energy firm Ebico) to 17 minutes and five seconds (by npower) before getting […]

E.ON invests in ‘Smart home’ research

E.ON is awarding cash for ‘smart’ innovation research to help create better products. The energy firm awarded €1 million (£832,000) in total to three international teams from Great Britain, Spain, Italy and Germany who will be working on three “Smart Home” projects. The research by E.ON will study the usage of ‘smart’ products and their […]