Sunday, March 22, 2020

Dixons kept getting the wrong numbers with Carphone

The timing is appalling, of course. Closing 531 stores, with the loss of 2,900 jobs, in the middle of the coronavirus crisis makes...

Energy firms draw up crisis plans amid fears of loss of 80% of staff

Energy companies have started preparing emergency plans to cope with coronavirus disruption, including the possibility of operating with only a fifth of their...

Global Witness accuses UK of 'rank hypocrisy' on fossil fuel projects

The UK government’s export credit agency has fallen foul of OECD guidelines by offering multibillion-pound support to fossil fuel projects overseas despite global...

Planning applications for UK clean energy projects hit new high

The number of new renewable energy projects applying for planning permission reached a four-year high in the UK last year as energy companies...

Tullow Oil to axe a third of its staff after $1.7bn pre-tax loss

Tullow Oil will axe a third of its staff after plunging to a $1.7bn (£1.3bn) pre-tax loss amid a “perfect storm” of oil...

Green boost as £800m pledged for carbon capture

The government is to spend at least £800m on carbon capture and storage projects, handing a big boost to the UK’s industrial and...

Road to hell: budget tarmacs over climate ambition

The road to hell is paved with good intentions, and in his budget the chancellor, Rishi Sunak, headed off down the motorway towards...

Saudis shed light on oil production increase that rattled markets

Saudi Arabia, the world’s biggest oil exporter, has spelled out details of the dramatic increase in its production that prompted Monday’s huge falls...

At the Glasgow climate conference, the UK could kickstart a green tech revolution |...

Einstein probably didn’t say “insanity is doing the same thing over and over again and expecting a different result”, but might have done...

Oil firm Shell to end its relationship with BFI and Southbank Centre

Shell is to end its relationship with two of the UK’s leading arts institutions amid growing concern about big oil’s role in the...

UK supermarkets could cut petrol prices if cost of crude oil stays down

Petrol prices at supermarkets could fall by 7p-8p to £1.10 a litre if the dramatic fall in the price of crude oil is...

Why won’t Utility Point give me back my overpayment?

I switched from Utility Point to another supplier in November last year and my final bill, issued a month later, said I was...

Carbon emissions fall as electricity producers move away from coal

Carbon emissions from the global electricity system fell by 2% last year, the biggest drop in almost 30 years, as countries began to...

Oil price to plunge as Saudis vow to step up production

Saudi Arabia, the world’s top oil exporter, will step up crude oil production from next month, flooding global markets and most likely depressing...

World Bank accused over ExxonMobil plans to tap Guyana oil rush

The World Bank is to pay for Guyana’s oil laws to be rewritten by a legalfirm that has regularly worked for ExxonMobil, just...

Climate crisis and Covid-19 conspire to crush oil firms like Tullow

Tullow Oil may emerge as the latest casualty of the coronavirus this week as it prepares to lay bare the toll of a...

Opec poised to slash oil output as coronavirus cuts demand

Opec is on the verge of making its deepest oil production cuts since the global financial crisis amid warnings that the coronavirus may...

The government must abandon its fossil fuel power projects. If not, we’ll sue |...

No longer should our survival be an afterthought. If we are to withstand the climate crisis, every decision should begin with the question...

Energy groups urged to step up as net zero champions

Oil and gas companies should lead investment in clean energy technologies rather than waiting for government subsidies if they want to survive in a...

Let’s enjoy some good climate news: the block on UK onshore wind farms is...

On Monday, the government did something remarkable. In the windiest country in Europe, it finally ended a five-year block on new onshore wind...

Ofgem's new chief: 'net zero won't happen if customers feel ripped-off'

Jonathan Brearley might be the most important British climate pioneer you’ve never heard of. In the past 10 years, the former civil servant...

UK government to revive onshore wind subsidies

Boris Johnson is set to give the go-ahead to onshore wind farms four years after his predecessor, David Cameron, imposed a moratorium on...

UK government lifts block on new onshore windfarm subsidies

The UK government has abandoned its opposition to subsidising new onshore windfarms, four years after ministers scrapped support for new projects. The government has...

Scottish Power accused of ‘cruel’ harassment of householders over debts they don’t owe

The ordeal began with a text informing Gerald Slater that he owed Scottish Power £300 and urged him to get in touch. Slater...

Drax power plant to stop burning coal, with loss of 230 jobs

The Drax power plant in Yorkshire will end all coal generation by next year after almost five decades as one of western Europe’s...

Drax to withdraw from coal use, cutting 230 jobs

Drax, the FTSE 250 power company, said it would draw a line under its use of coal in 2022, ahead of the UK’s...

Anger over World Bank's $55m pledge to Guyana's fossil fuel industry

The World Bank has been criticised for providing $55m (£43m) to aid fossil fuel extraction in Guyana, at the same time that it...

Oil regulator to revise remit to address climate crisis

Britain’s oil industry watchdog plans to overhaul its mission to wring as much value from the North Sea’s oil reserves as possible before...