Major energy firms in the UK are set to hold crisis talks to discuss concerns about windfall tax plans for the sector if Labour was to win the next election.
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday.
CF Fertilisers UK (CFF UK) has announced its proposal to permanently close the ammonia plant at its Billingham Complex, citing reasons of ‘long-term sustainability’ and a desire to more efficiently serve its UK customer base.
The move will especially benefit consumers in the eastern part of the country where transportation tariffs for gas are expected to reduce by up to 50 per cent.