‘UK gas bill surpasses £100bn’

The UK has spent nearly £100bn on gas since the crisis began, with an additional £75 billion incurred due to high prices, according to a report

Macquarie considers Cadent stake sale

Macquarie Asset Management, with a 26% holding in Cadent, is in early stages of exploring a potential sale of less than 5% of its stake in the company

TotalEnergies bags gas assets in Malaysia

TotalEnergies has inked a deal to acquire OMV’s 50% stake in SapuraOMV, a major Malaysian independent gas producer, for $903 million

Shell, Equinor and bp secure key stake in UK’s mega oil and gas licensing round

Twenty four licences have been offered to seventeen companies, including industry leaders

Concerns raised over Scottish gas field for hydrogen storage

A study has raised concerns about using the decommissioned Cousland gas field in Scotland as a hydrogen store

April energy bills predicted at £1,620

Despite Red Sea disruptions, April 2024 energy price cap forecasts show £40 annual decrease since December

Centrica boss on his £4.5m salary: “You can’t justify a salary of that size”

Chris O’Shea, Centrica CEO, discussed the energy price cap in an interview, indicating that if reset today, prices would decrease by over £200 for the typical household

Octopus chief forecasts lower UK energy bills in April

Octopus Energy’s Chief Executive Officer Greg Jackson predicted that the forthcoming energy price cap would be significantly lower than current levels, attributed to providers prepaying for gas

Gazprom sets daily record for gas supplies to China

The Russian energy giant, announced reaching a new daily peak in gas deliveries to China, exceeding contractual obligations with a total of 22.7 billion cubic metres in 2023

“Record gas storage positions EU well for winter and beyond”

Moody’s analysis indicates that the EU’s record high gas storage, reaching around 97.5% by the end of November, positions it well for the upcoming winter with minimal energy shortage risks