Source close to Rishi Sunak accuses business secretary of ‘making up’ talks with chancellor about supportThe Treasury has issued an extraordinary reprimand to the business secretary, Kwasi Kwarteng, after he suggested he was consulting the chancellor, …
Like it or not, with Nord Stream 2, Putin has a foot on the gas Europe badly needs
With Gazprom’s flagship pipeline poised to deliver energy under the Baltic, leaders have little choice but to do businessAfter years of debate in Germany and beyond, the Russian state-backed energy giant Gazprom confirmed last month that it had finish…
Energy crisis: Tory MPs join Labour in urging support for heavy industry
Households expected to be hit by massive bills in spring after 250% rise in gas prices since JanuaryInstant bill increases for millions of customers will be held back by maintaining the energy price cap, the business secretary has said, as he resists a…
Why California’s enormous oil spill won’t be its last
The state’s ageing oil infrastructure means more disasters are likely as companies move away from fossil fuelsA gash in an underwater pipeline sent tens of thousands of gallons of oil rushing into the waters near Los Angeles last weekend, blackening be…
UK faces ‘grim winter’ with households already paying £442 extra in bills
Analysts warn cost of living crisis is gathering pace amid fast rises in petrol, food and energy billsWatch out for hidden ‘shrinkflation’ price hikes, analysts warnRising inflation ‘could trigger global sell-off that would harm UK’Households face a “p…
US warns Russia over energy crisis, as UK consumer groups warn on fuel poverty – live
National Energy Action warns up to 1.5m more households could be plunged into fuel poverty next springAnalysts doubt Russia can pump more gas to EuropeOfgem CEO: price cap to rise sharply in April, promises reviewWholesale gas prices rise again but rem…
UK petrol prices are closing in on all-time high, warns RAC
Cost per litre nears the record 142.48 set in April 2012, stoked by global demand outpacing supply rather than UK fuel shortagePetrol prices could reach all-time highs before Christmas, the RAC warned, signalling “misery” for motorists still reeling fr…
Officials knew of California oil spill 12 hours before cleanup began
Authorities face questions over how much damage could have been prevented after 126,000 gallons of crude seeped into oceanMore than 12 hours passed after officials were notified of a sheen on the water off the coast of southern California before a resp…
The Southeastern train arriving on platform 3 is £25m late
Latest rail franchise to hit the buffers at least arrived at the destination via an unconventional routeGovernment to take over Southeastern State takeover will amplify calls for rail reformThe conventional way for a company to get stripped of a rail f…
How German coalition wrangling could affect Cop26 mood
Analysis: after Germany’s climate election, UN summit delegates will be watching to see what is agreed on coal phase-outIt was called Germany’s climate election. After deadly floods in July sharpened the focus on the climate emergency, all parties vied…