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Gas & electicity for the next 8 months bought by council

Gas & electicity for the next 8 months bought by council Slough Borough Council in the South East of England will buy 100% of its estimated energy consumtion until March 2023 in advance. Previously this year, the local authority could see its energy bills soar by an additional £3m as a result of the rising…
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Madrid won’t be turning off lights to save energy

Madrid won’t be turning off lights to save energy The regional officer of Spain’s capital, Madrid has stated that the city won’t be switching off the lights to preserve energy ahead of the “tough” winter for countries all across the world. Her comments lead the statement of emergency actions from Spain’s Prime Minister Pedro Sánchez.…
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Germany to examine Nord Stream gas turbine

Germany to examine Nord Stream gas turbine: The German Chancellor, Olaf Scholz, intends to stop in at the facility where the Nord Stream 1 gas turbine is stored following maintenance. The turbine has been the focus of a dispute between Russia and Europe regarding the announced indications of its arrival during Gazprom’s allegations in respect…
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Gazprom refuses to pay shareholders this year

Gazprom refuses to pay shareholders this year All shareholders of Russian majority state-owned Gazprom will not get dividends on last year’s financial results. This marks the first time the energy giant chose not to pay dividends since the date 1998. Gazprom’s Deputy Chief Executive Officer Famil Sadygov stated: “The shareholders decided that in the current…
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Nord Stream gas flow reductions again in EU

Nord Stream gas flow reductions again in EU Russia‘s energy giant Gazprom has said it is limiting once more the amount of gas to Germany to under 70 million cubic metres per day. Normally, the amount of gas supply is 167 million cubic metres per day. Yesterday, the company unveiled a major cutback in the…
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29-km Scottish pipeline to be used to move hydrogen

29-km Scottish pipeline to be used to move hydrogen INEOS has participated with SGN to trial transporting hydrogen through a 29-kilometre decommissioned pipeline. The project, that is funded by Ofgem will see hydrogen, supplied by the chemicals giant, transported from INEOS Grangemouth facility to Granton, Scotland. The project aims to establish whether re-purposing existing natural…
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Gazprom’s subsidiary licence to provide gas revoked

Gazprom’s subsidiary licence to provide gas revoked: Ofgem confirmed it has revoked Gazprom‘s German subsidiary WINGAS GmbH UK natural gas supply license. In accordance with regulations, Ofgem has the right to revoke the licence to firms that have not initiated the licensable activity within 3 years following the date on which the licence comes effective.…
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A gas supplier is appointed to a council with 17 years of unpaid bills

A gas supplier is appointed to a council with 17 years of unpaid bills: After discovering that it had not paid its gas bills for 17 years, a local council in Yorkshire appointed a gas supplier. Beverley Town Council launched an investigation earlier this month into why it does not have a gas supplier “despite using…
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A NI gas provider has announced a 34% price increase

A NI gas provider has announced a 34% price increase: Firmus energy, Northern Ireland’s natural gas supplier, has announced a 33.57 percent rise in gas pricing for consumers in the Ten Towns area. The price increase, which will take effect on February 24th, will affect around 59,000 consumers. The typical household’s costs will rise by…
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