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Welsh Government powers up Baglan Energy Park

Welsh Government powers up Baglan Energy Park: The Welsh Government has financed over £4 million to design and construct substitute electricity networks to rejoin businesses at Baglan Energy Park. This comes after Baglan Operations Limited (BOL) and the Baglan group of companies falling under the Calon Energy Group entered mandatory liquidation on 24th March 2021,…
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Britons should alter daily schedules to cut costs

Britons should alter daily schedules to cut costs People should be told to amend their dinner schedule and lower their thermostats in a effort to help Britain’s energy supplies and stop power cuts in up-coming months. That’s the statement from Sir John Armitt, Chairman of the UK National Infrastructure Commission, who spoke to The Telegraph…
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Additional £5M package to Ukrainian energy sector

Additional £5M package to Ukrainian energy sector The government has announced a £5 million support package to bring security & safety equipment to Ukraine’s civil nuclear sector. Items considered to be high priority, including radiation monitoring devices, communications systems and other personal defensive equipment will be given to the war torn country. The equipment is…
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Sizewell C eyed by centrica?

Sizewell C eyed by centrica? British Gas owner Centrica is reportedly to have plans to join EDF in assisting the Sizewell C nuclear power station in Suffolk. According to Daily Mail, Centrica has arranged to take a stake in the project which is currently at a stage to appeal to new investors. A couple of…
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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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Concerns for staff of Ukrainian power station

Concerns for staff of Ukrainian power station The International Atomic Energy Agency (IAEA) has issued a stark caution around the welfare of Ukrainian staff at the Russian-held Zaporizhzhya Nuclear Power Plant. The UN’s nuclear watchdog has stated the position for Ukrainian staff at the country’s biggest nuclear power station is “deteriorating”. “The situation at this…
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Council thinks about staying with Gazprom contract

Council thinks about staying with Gazprom contract: Portsmouth City Council is set to make a U-turn on its agreement to end its gas contract with Gazprom before its late date. Local authority leaders will be asked to relinquish their decision to axe the contract because the UK arm of the company does not have ties…
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North sea oil and gas threatened by Windfall tax

North sea oil and gas threatened by Windfall tax The implementation of the new windfall tax creates uncertainty over future investment, Shell has stated. In its recent set of cost-of-living measures, the government included a windfall tax on energy firms that could possible increment around £5 billion. Energy companies will have to pay an extra…
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Rebrand for Gazprom’s UK business?

Rebrand for Gazprom’s UK business? Gazprom‘s UK unit is reportedly deciding on rebranding. The Financial Times has reported that Gazprom Energy is looking into the option of approving its UK parent company’s name, GM&T. Gazprom Energy, which provides nearly 20% of gas used by British firms, is allegedly in a bid to improve its chances…
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