Category : Energy Utilities


US aims to revive Venezuela's oil after Maduro's removal

Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.

Trump's Plan for Venezuela's Vast Oil Reserves

Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.

Electric vehicle sales growth set for sharp slowdown

Global electric vehicle sales are projected to see their slowest annual growth since 2020, with a forecast of just 13% in 2026. Policy shifts and cooling demand are reshaping the market. Read the full analysis.

Oil prices record biggest annual fall since Covid pandemic

Global oil markets have suffered their sharpest annual decline since 2020, with prices crashing nearly 20% in 2025. Analysts warn the slide could continue into 2026 as oversupply persists. Discover the impact on fuel prices and inflation.

Energy price cap to fall 8% in April, saving £138

Great Britain's energy price cap is predicted to drop to £1,620 in April, saving typical households £138 annually. The cut follows budget changes shifting costs to general taxation. Read the full analysis.

Annual energy bill to fall by £138 from April

Typical annual energy bills are forecast to fall by 8% to £1,620 in April after government budget changes shift policy costs to general taxation. Read the full analysis.

Octopus Energy's Kraken valued at $8.65bn

Octopus Energy sells a $1bn stake in its software arm Kraken, valuing it at $8.65bn. CEO Greg Jackson hints at a future London stock market flotation for the UK tech success story.

Octopus spins off Kraken after $1bn investment

Octopus Energy Group has spun off its AI platform Kraken following a major $1bn funding round. The move values Kraken at $8.65bn and aims to accelerate global growth. Read the full story.

Octopus Energy Sells Stake in $10bn Kraken Tech Arm

Octopus Energy is set to sell a major stake in its software business Kraken Technologies, valuing it at up to $10bn. D1 Capital Partners and Fidelity are among the investors. Read the full story.

Water boss got £170k bonus despite pollution ban

Former Wessex Water chief Colin Skellett received a £170,000 bonus from parent firm YTL despite a ban on performance pay after a criminal pollution conviction. Critics call for tougher action.

BP sells £7.4bn Castrol stake to KKR

BP agrees to sell a 74% stake in its Castrol lubricants business to US investment giant KKR for £7.4bn, marking a major strategic shift. Read the full details.

Radioactive leak at Japan's Fugen nuclear plant

A leak of water containing radioactive tritium occurred at the decommissioned Fugen plant in Japan. Authorities confirm no external release, but worker exposure is being investigated. Get the latest updates.

Australian Gas Bills Soar 130% in 15 Years

Households in Melbourne, Sydney, Adelaide, and Canberra face the steepest gas price hikes, while a new government scheme aims to tackle soaring energy costs. Discover the causes and future outlook.

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