Essar Oil UK strikes phased tax payment deal with government

The deal with HMRC, which follows reports suggesting the company had overdue VAT payments, threatening the future of the refinery, will enable it to keep producing as fuel panic persists

Greece’s €166.7m public support for LNG terminal granted EU approval

The Greek authorities confirmed the LNG terminal would be apt to use for hydrogen and believe the project would contribute to a cleaner mix through increased use of gas instead of coal

Underwater cable being laid
Ofgem sets maximum revenues for 1.4GW UK-Denmark interconnector

The regulator believes the Viking Link will likely see £5.2bn in consumer benefits over 25 years

Greencoat Renewables buys Irish wind farm for €35.4m

The Letteragh Wind Farm consists of eight turbines and has been operational since December 2019

EDF Energy to plug 1,500 vehicle-to-grid chargers in UK

The supplier is forming a joint venture with San Diego-based Nuvve for the project

Russia ‘to hit record oil revenues’

Analytics firm GlobalData expects the nation to see record-breaking revenues over the next six years