UK’s ‘first blockchain energy trade’ takes place

Developers say it enables residents to benefit from local renewable energy sources and bring down their energy bills

More than 400 ConocoPhillips jobs to be lost by 2020

The energy giant currently has a total of 1,300 onshore and offshore staff and contractors in the country

EDF signs deal with digital platform provider

It aims to improve client experience and engagement by enabling energy brokers to quote, validate and submit contracts more effectively

Co-op energy makes offer to acquire UK supplier

The largest independent co-operative in the UK, hopes to absorb Flow Energy Limited

ENGIE closes deal to acquire off-grid solar developer

The global utility company will adopt Fenix International

‘Energy customers need more transparent and visible data’

Simon Cox, Director at EY Advisory, said energy suppliers, brokers and TPIs need to work out their role in the changing marketplace as data becomes an increasingly valuable commodity

Oil and gas output forecast rises to 11.7bn barrels by 2050

Oil and gas production up to 2050 is now projected to total 11.7 billion barrels of oil equivalent (boe). That’s according to new projections from the Oil and Gas Authority (OGA), which show this figure is 2.8 billion boe higher than the production volume outlined in the Wood Review. In 2017 production sat at its […]

Renewable deals hit new heights in 2017

Renewable growth propelled power and utilities mergers and acquisitions to eight-year highs in 2017, both in terms of value and volume. According to business services firm EY, this figure reached $200 billion (£143.4bn) across 516 deals over the year, with around $43 billion (£30.8bn) of this figure made up from low carbon energy sources such as […]

UK anaerobic digestion deal successfully signed

An investment manager has bought one of the largest anaerobic digestion (AD) owners and operators in the UK for an undisclosed sum. Biogen, a subsidiary company of Ancala Partners, has acquired Tamar Energy in a deal that creates one of the largest independent AD platforms in the UK. The combined group will operate a network […]

BEIS to reinvent public attitude tracker

The Department for Business, Energy and Industrial Strategy (BEIS) is seeking views on proposed changes to its Public Attitudes Tracker. The quarterly report, which started in 2012 and is now on its 24th wave, aims to provide a valuable source of information regarding what people think about different forms of generation, changes to energy systems […]