SSE reports sliding profits and a drop in customer accounts

The company lost 430,000 customers last year as pre-tax profits fell by 6% to £1.45 billion

Green Energy Network UK buys Italian firm’s power unit

It will absorb the smaller energy firm on the 28th of June 2018, subject to the relevant authorisations

National Grid pre-tax profits up 4%

This is despite the cost of repairing US storm damage meaning headline profits for the year fell to £3.45 billion, a decrease of 8%

npower first-quarter pre-tax profits hit £37m

This is despite the energy giant’s domestic customer accounts dropping by 66,000 year-on-year

Cold weather boosted Centrica performance despite slipping customers

The energy giant said it expected to reduce jobs by around 1,000 through 2018

BP cost profit soars 71% at start of 2018

The energy giant plans to reduce greenhouse gas emissions by 3.5 million tonnes by 2025

Banks publish plan to help understand climate impacts

They aim to help other banks be more transparent about their exposure to climate-related risks

Africa to spend more than $180bn on oil and gas by 2025

Nigeria is expected to lead the way with $47.2bn of capital expenditure

Battery storage developer secures £20 million loan

Eelpower aims to install a 150MW battery storage portfolio in the UK

ScottishPower’s renewable earnings soar 29% in first quarter

The company’s latest financial reports suggest this was due to favourable wind conditions and increased capacity