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Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln
Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion…
Oil & Gas Supply
New Fortress to Begin Operations at Mexican Floating LNG Plant in Sept
U.S. energy supplier New Fortress Energy (NFE.O) on Tuesday said it intends to start operations at the first of three planned floating LNG plants in Altamira, M…
Offshore Wind Power
Octopus Energy to Pour Billions in Offshore Wind Globally by 2030
UK green energy supplier Octopus Energy Group has announced that it will invest, through its generation arm, USD 20 billion (about GBP 15 billion) into offshore…
United Kingdom
Octopus Energy to Pour Billions in Offshore Wind Globally by 2030
UK green energy supplier Octopus Energy Group has announced that it will invest, through its generation arm, USD 20 billion (about GBP 15 billion) into offshore…
Solar Panel
OVO Launches New Solar Package With Potential to Save Up to 90% On Energy Bills
The new package is called OVO Solar. Image: OVO Energy.On Wednesday (14 June), energy supplier OVO Energy launched OVO Solar – a new solar package with th…
Market Analysis
Millions of Households Could Switch Their Energy Supplier in Second Half of 2023
The number of households switching their energy supplier could skyrocket from July 2023, as falling energy wholesale prices coupled with reduced government supp…
Qatar
Russian Gas Will Eventually Return to Europe as Nations ‘Forgive and Forget,’ Qatari Energy Minister Says
On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfu…
Oil Price
Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills
A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy su…
United Kingdom
Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge
The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…
Smart Meter
Octopus Energy’s Smart Meter Scheme Demonstrates 1GW Load Shift Potential
UK energy supplier Octopus Energy has released preliminary results from its first ‘Saving Session’ trial, which has demonstrated that – should such a project…
United Kingdom
Octopus Energy Flexibility Scheme Pays Prosumers to Support the Grid
UK energy supplier Octopus Energy is announcing a new energy reduction and flexibility scheme while calling to end the prospect of electricity blackouts.
United Kingdom
Octopus ‘Asks for £1BN Government Support to Seal Bulb Takeover Deal’
The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers.
Centrica’s Profits Soar Five-Fold
Profits of Britain’s largest energy supplier increased to £1.34 billion
Octopus Raises $550M in Latest Fundraising Round
The energy supplier plans to use the money to further improve its energy technology platform, Kraken
Latest Ofgem Measures Protect Consumer Credit Balances
Energy regulator Ofgem has announced new measures to improve the financial health of energy suppliers and enable resilience in the face of future energy market …
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