Big Oil Wins Big In BC Election
British Columbia’s Conservative Party won its first major election victory in nearly a century, pledging to increase methane production and attract energy companies to expand the province’s LNG sector.
What does the UK’s approval of the Jackdaw gasfield mean?
The UK has approved the Jackdaw gasfield 150 miles east of Aberdeen to begin production, a decision that does not violate Labour’s manifesto pledge since the licence was granted before the party took power.
Optivolt Raises $32M to Build the Brain for Solar Panels of the Future
Optivolt raised $32M in Series A funding to commercialize power electronics embedded directly within solar panels, enabling real-time energy management and improving efficiency in imperfect real-world conditions.
Shell expects refineries to almost double the profit from every barrel of fuel made
Shell forecasts record refinery profit margins of $42 per barrel in the third quarter, nearly double second-quarter levels, driven by global fuel shortages and Middle East disruptions.
E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers
E.ON Next completed its acquisition of Ovo Energy, creating a market where three suppliers control nearly 90% of Great Britain’s household energy supply, raising competition concerns.
Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
Ofgem is consulting on reintroducing a market stabilisation charge that would require energy suppliers to compensate rivals when winning customers with cheaper deals amid winter volatility concerns.