Energy Industry News
A collection of Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
After Spain's blackout, questions about renewable energy are back
MADRID -- The massive power outage that hit the Iberian peninsula on April 28 has reignited a debate in Spain over the country's plan to phase out its nuclear reactors as it generates more power with renewable energy. As people wait for answers…
Energy suppliers pay out £7m after overcharging 34,000 customers
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Ten energy suppliers have paid out around…
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0726 GMT – EDP made a strong start to 2025, with its first-quarter results exceeding expectations thanks a…
Households to claim £7m over energy meter errors
Energy firms have been ordered to pay £7m in compensation after households were incorrectly charged due to meter errors. Ofgem has ordered 10 suppliers including Octopus and Utility Warehouse to refund 34,000 customers who were erroneously…
Energy bill chaos as thousands to be paid £66 compensation - check eligibility
A British energy giant has been forced to pay a staggering £150,000 in compensation, following a major rule breach. A recent investigation by energy regular Ofgem found Good Energy had failed to provide final bills and refund credit balances…
Major British chemical plant faces closure as energy prices soar
One of Britain's biggest chemical plants is at risk of closure after the site's Saudi owners paused a multimillion-pound upgrade project. The Olefins 6 “cracker” facility in Teesside, controlled by Sabic, employs hundreds of workers…
FuelCell Energy Inc. stock rises Thursday, outperforms market
Shares of FuelCell Energy Inc. FCEL rose 8.83% to $4.19 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.07% to 17,928.14 and the Dow Jones Industrial Average…
TC Energy Corp. stock falls Thursday, underperforms market
Shares of TC Energy Corp. TRP shed 3.30% to C$68.30 Thursday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.37% to 25,254.06. TC Energy Corp. closed…
Suncor Energy Inc. stock rises Thursday, outperforms market
Shares of Suncor Energy Inc. SU rallied 1.49% to C$47.69 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.37% to 25,254.06. Suncor Energy Inc. closed…
Energy firms pay out £7million to 34,000 customers after major billing error
Thousands of energy customers have been paid £7million in compensation and refunds after they were accidentally overcharged. Ofgem has found more than 34,000 customers were affected between January 2019 and September 2024. The issue relates…
Ten UK energy firms to pay £7m in compensation after overcharging error
Ten UK energy suppliers including EDF, E.ON and Octopus are to pay £7m in compensation and refunds after overcharging customers, after a review by the energy regulator for Great Britain. Ofgem said the suppliers have agreed to pay more than…
How to claim compensation as energy suppliers pay out £7m
Ten energy suppliers in the UK have compensated more than 34,000 customers to the tune of £7 million after an error resulted in overcharging, energy regulator Ofgem has announced. The issue, spanning from January 2019 to September 2024…
Energy Transfer LP stock outperforms competitors on strong trading day
Shares of Energy Transfer LP ET advanced 2.84% to $17.37 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.07% to 17,928.14 and the Dow Jones Industrial…
Coterra Energy Inc. stock outperforms competitors on strong trading day
Shares of Coterra Energy Inc. CTRA rose 2.30% to $23.12 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.58% to 5,663.94 and the Dow Jones Industrial Average DJIA rising…
Devon Energy Corp. stock outperforms competitors on strong trading day
Shares of Devon Energy Corp. DVN advanced 5.41% to $31.93 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.58% to 5,663.94 and the Dow Jones Industrial Average DJIA…
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