Energy News | Green & Renewables News | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/energy/ Business News Wed, 22 Jan 2025 17:00:39 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Energy News | Green & Renewables News | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/energy/ 32 32 Electricity ‘can and should be cheaper’ the government is told https://londonlovesbusiness.com/electricity-can-and-should-be-cheaper-the-government-is-told/ Wed, 22 Jan 2025 17:00:39 +0000 https://londonlovesbusiness.com/?p=189204

Emma Pinchbeck, who took over as chief executive of the Climate Change Committee who is the new boss of the advisory board has told the government that electricity prices “can…

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Ukrainian group calls for Trump to strengthen sanctions on Russian energy https://londonlovesbusiness.com/ukrainian-group-calls-for-trump-to-strengthen-sanctions-on-russian-energy/ Mon, 20 Jan 2025 13:22:15 +0000 https://londonlovesbusiness.com/?p=188941

Ukrainian campaign group Razom We Stand, advocating for peace through decisive economic measures, is calling on the incoming Trump administration to immediately impose sweeping sanctions on Russia’s fossil fuel exports,…

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Trump and his potential influence on the global energy market https://londonlovesbusiness.com/trump-and-his-potential-influence-on-the-global-energy-market/ Mon, 20 Jan 2025 09:47:22 +0000 https://londonlovesbusiness.com/?p=188907

The United States State’s West Texas Intermediate (WTI) crude oil has shown an upward trend in recent weeks, trading around $77.30 USD per barrel. This increase, marking its fourth consecutive…

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BP to cut thousands of jobs as cost saving drive https://londonlovesbusiness.com/bp-to-cut-thousands-of-jobs-as-cost-saving-drive/ Thu, 16 Jan 2025 12:40:55 +0000 https://londonlovesbusiness.com/?p=188830

BP has announced they are to axe thousands of jobs globally including contractor roles as part of a cost saving exercise. BP will axe 4,700 jobs and 3,000 contractor roles,…

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US sanctions on Russia’s two main oil producers complicates logistical challenges for Moscow https://londonlovesbusiness.com/us-sanctions-on-russias-two-main-oil-producers-complicates-logistical-challenges-for-moscow/ Mon, 13 Jan 2025 08:30:26 +0000 https://londonlovesbusiness.com/?p=188554

After such a sleepy period from October to December, the crude market has come alive, with the buyers now in firm control of the tape, with Brent futures pushing through…

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Centrica warns there is ‘less than a week of gas demand in store’ for the UK https://londonlovesbusiness.com/centrica-warns-there-is-less-than-a-week-of-gas-demand-in-store-for-the-uk/ Fri, 10 Jan 2025 13:17:40 +0000 https://londonlovesbusiness.com/?p=188471

The owner of British Gas has said on Friday that gas storage levels have fallen to “concerningly low” levels as the UK was hit with the coldest night in 15-years…

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Civil society tells European Mayors stop funding Putin’s ‘murderous war against Ukraine’ https://londonlovesbusiness.com/civil-society-tells-european-mayors-stop-funding-putins-murderous-war-against-ukraine/ Thu, 09 Jan 2025 06:32:07 +0000 https://londonlovesbusiness.com/?p=188385

Every litre of petrol or diesel purchased from Russia prolongs their murderous war against Ukraine. Therefore, cities must do everything possible to reduce oil use. This is the message in…

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Millions of Brits could face blackouts as temperatures set to plunge to -15C https://londonlovesbusiness.com/millions-of-brits-could-face-blackouts-as-temperatures-set-to-plunge-to-15c/ Wed, 08 Jan 2025 11:41:36 +0000 https://londonlovesbusiness.com/?p=188306

The National Energy System Operator (NESO) has warned that millions could be facing blackouts on Wednesday as there is a large strain on the energy supply. NESO who oversees the…

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How to limit impact of energy price cap increase https://londonlovesbusiness.com/how-to-limit-impact-of-energy-price-cap-increase/ Tue, 07 Jan 2025 09:35:42 +0000 https://londonlovesbusiness.com/?p=188172

Research from epIMS, the EPC and energy efficiency platform developed for landlords, reveals how the new energy price cap that will be implemented in January 2025 is going to impact household…

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Councillor accuses Labour of ‘abuse of the elderly’ by draining their funds https://londonlovesbusiness.com/councillor-accuses-labour-of-abuse-of-the-elderly-by-draining-their-funds/ Fri, 03 Jan 2025 16:05:08 +0000 https://londonlovesbusiness.com/?p=188016

A councillor has launched a blistering attack against Labour their treatment of pensioners slamming their policies. Cllr Patrick Hamill of Leighton Buzzard accused Labour of draining the funds of elderly…

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