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A federal appeals court ruled that the Trump administration illegally invoked emergency powers to keep Michigan’s J.H. Campbell coal plant operating, finding no genuine emergency existed.
BP’s chief executive urges the UK government to prioritize domestic oil and gas production even as the company prepares to exit the North Sea after 60 years.
Great Britain’s electricity system operator gains authority to implement rolling blackouts with eight hours’ notice under new rules taking effect this week, marking the first time such large-scale power cuts can occur without government emergency declaration.
British households could collectively owe energy suppliers £7bn by year-end as gas and electricity prices rise, with debt already reaching a record £6bn in June, industry groups warn.
European gas storage levels have fallen to their lowest point in 13 years as the region enters the cooler months, triggering warnings of elevated winter price volatility and supply concerns among energy traders.
BP appoints Ian Tyler as permanent chair following the controversial ousting of his predecessor Albert Manifold, marking an attempt to resolve ongoing boardroom turbulence at the oil and gas company.
