Energy firm to distribute £2.4m profit to local councils
West Mercia Energy will distribute £2.4 million in profits to its four supporting local…
Tag: energy profits
Should Scotland’s energy revenue stay in Scotland?
MPs are calling for Scottish energy money to be used only for Scotland’s benefit as the Great…
New energy supplier to share profits with customers
A new electricity supplier, Share Energy, plans to enter the Northern Ireland market with a…
UK oil giant hits pause
NEO Energy is slowing down its investment plans due to uncertainty around government…
Offshore wind profits rise as Ørsted faces setbacks
The energy giant experienced delays with the Revolution Wind project and has opted to stop…
bp beats profit forecasts
The energy giant's profit for the second quarter of the financial year reached $2.7 billion
‘British Gas owner set to report nearly £1bn in first-half profits’
Analysts predict that Centrica will report an operating profit of £997 million for the period,…
Ofgem chief: Energy profits deemed fair
Ofgem's Jonathan Brearley has defended energy suppliers' profits as "fair",…
bp’s first quarter profits fall below expectations
The energy company's first quarter profits of $2.7 billion, lower than last year's $5…
Chancellor: Extending windfall tax a ‘difficult decision’
Chancellor Jeremy Hunt has admitted extending the windfall tax on energy firms was a tough…
