Oil prices surge as stock markets tumble after Middle East attacks disrupt energy supply
Oil prices have surged and stock markets have declined due to military strikes in the Middle East impacting energy supply.
Engie makes a £12 billion acquisition in the UK
Engie has announced the acquisition of UK Power Networks for £10.5 billion, reinforcing its presence in the UK energy market.
Exact date of next Ofgem energy price cap change for 2026
The UK energy regulator, Ofgem, will announce the new energy price cap this week, which will take effect on April 1, 2026, potentially affecting household energy costs.
Household energy bills in Great Britain forecast to fall by almost £117 a year
Household energy bills in Great Britain are projected to decrease by approximately £117 annually starting in April due to changes in government subsidies for green energy.
Octopus Energy to sell stake in software spin-off Kraken at $8.65bn valuation
Octopus Energy is selling a stake in its Kraken software division, valuing it at $8.65 billion, which may lead to a public stock market offering.