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US gas producers could lose billions in hedging losses, new report warns

Eleven US gas producers could lose more than $5 billion next year, according to a new report

Petrol stations urged to cut prices

RAC tells retailers to play fair with drivers

Government slammed for ‘lack of energy strategy’ and ‘crushing cost’ of living crisis

GMB Union said that the UK was held hostage by the global fuel crisis

Diesel pump price breaks new record

Diesel has hit £1.50 a litre, according to the AA

CNG retail arm ‘on the brink of collapse’

Around 45,000 customers, including schools, hotels and restaurants will reportedly move to another supplier “within a matter of days”

Ofgem to consult on price cap methodology to reflect rising energy costs

The energy market regulator has set out plans for an “enhanced” approach to monitoring, compliance and enforcement of licence conditions

Council energy firms ‘wiped out, lose £114m’

A further 13 energy companies with investments by local authorities lost a total of £74,106,589, according to new research

CNG to ‘exit the wholesale energy market by the end of November’

The UK gas shipping company has reportedly started making arrangements for an “orderly exit”

ScottishPower Chief warns: “Many more suppliers will go bankrupt”

Keith Anderson warned the number of energy suppliers could fall to five or six