Category : Energy Utilities


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.

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.

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.

Why UK fuel prices remain high as oil costs fall

UK drivers face stubbornly high petrol and diesel costs despite a drop in oil prices. We examine the clash between retailers, regulators, and campaigners over alleged profiteering and complex supply chains.

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