Corinth Pipeworks to acquire LSAW pipe mill in the UK
Cenergy Holdings has announced its acquisition of an LSAW pipe mill in Hartlepool, UK, enhancing its capacity and market presence in the global energy sector.
NNPC boss Ojulari bags UK energy institute fellowship
Bayo Ojulari, CEO of Nigerian National Petroleum Company, has been awarded a Fellowship from the Energy Institute in the UK, marking a significant achievement in the global energy sector.
British Gas boss rakes in £4.7million despite huge fall in profits
The CEO of Centrica, which owns British Gas, received a significant pay package of £4.7 million despite the company experiencing a sharp decline in profits.
British Gas owner pauses share buyback as profits plummet
Centrica, the owner of British Gas, has halted its share buyback program following a substantial drop in profits.
London-listed Rosebank in £2.2bn US takeover talks
Rosebank, a London-listed oil and gas company, is reportedly in discussions for a US takeover valued at £2.2 billion.
Green energy sector drove more than 90% of China’s investment growth last year, analysis finds
China's clean energy sector was responsible for over 90% of the country's investment growth last year, significantly contributing to its economic expansion.
UK electricity cheaper than Nigeria’s — Energy expert
Energy expert Nick Agule claims that electricity costs in the UK are lower than those in Nigeria, indicating a troubling scenario for Nigeria's energy sector amid government subsidy plans and frequent grid failures.
Fierce and particularly depraved: Starmer to Trump about Russia's strikes on Ukraine's energy sector
UK Prime Minister Keir Starmer spoke with US President Donald Trump regarding Russia's severe attacks on Ukraine's energy infrastructure.
UK to allocate £20m to support Ukraine's energy system
The UK will allocate an additional £20 million to bolster Ukraine's energy infrastructure amid ongoing Russian aggression targeting the energy sector.
BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels
BP anticipates up to $5 billion in writedowns on its green energy sector as it shifts focus back to fossil fuels under new leadership, although it claims this will not impact overall profits for the year.
Hundreds of jobs lost as energy firm collapses into administration
Hundreds of employees at Consumer Energy Solutions in South Wales have lost their jobs following the company's collapse into administration amid a restructuring by its parent company, City Energy Group.