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…
Ofgem opens overcharging inquiry into two electricity producers
Regulator is examining if EP SHB and SSE Generation billed the grid too much to cut their production levelsOfgem is investigating two companies to find out if they overcharged the grid to lower their production levels.The energy regulator said it was l…
Customers of collapsed UK energy suppliers to be moved to E.ON
Ofgem announcement comes as rising gas and electricity prices continue to cause turmoil in sectorMore than 230,000 customers from three collapsed energy suppliers will move to E.ON under plans agreed by the industry watchdog, as soaring wholesale gas a…
Petrofac fined £70m over bribes to secure Middle East contracts
Firm led by Tory donor admitted failing to prevent corruption by executives between 2011 and 2017A multinational firm that was headed by a Tory party donor has been fined £70m after admitting it used “systemic” bribery to secure large contracts.The fin…
Al Gore puts $600M into UK Green energy-tech startup Octopus Energy Group
Former Vice President Al Gore has invested $600 million of equity into UK energy startup Octopus Energy Group via his Generation Investment Management vehicle, taking a stake of approximately 13% in the business. The investment means Octopus has attained a valuation of around $4.6 billion. Octopus has made a name for itself in energy circles […]
‘Desperate choices’ this winter as three more UK energy suppliers toppled by price surge
Citizens Advice says consumers moved to new supplier likely to pay extra £30 a month Households are facing “desperate choices” this winter, with energy bills rising by £30 a month for those who have had to switch supplier owing to a wave of energy comp…
Shell Energy to take on 255,000 customers of collapsed Green
Users to retain outstanding credit on their balance and supply will not be interrupted Shell Energy will take on 255,000 customers from Green, one of seven small energy suppliers that have collapsed in a wave of failures that have forced the energy reg…
Race to the bottom: the disastrous blindfolded rush to mine the deep sea
One of the largest mining operations ever seen on Earth aims to despoil an ocean we are only barely beginning to understandA short bureaucratic note from a brutally degraded microstate in the South Pacific to a little-known institution in the Caribbean…
In search of ‘Lithium Valley’: why energy companies see riches in the California desert
Firms say what’s underneath the Salton Sea could fuel a green-energy boom. But struggling residents have heard such claims beforeStanding atop a pockmarked red mesa, Rod Colwell looks out at an expanse of water that resembles a thin blue strip on the h…
The Guardian view on Starmer’s Labour: time to take on the Tories | Editorial
The Labour leader must know his party faces existential implications if it suffers a historic fifth election defeatBritons usually eat more than 10m turkeys during the festive season. If the country were to run short of the yuletide bird then that may …