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Fears continue over future of energy firms as minister insists price cap must ‘remain in place’
Fears remain over the future of a number of UK energy providers due to surging gas costs as it was confirmed the price cap must “remain in place”. Business Secretary Kwasi Kwarteng held a crisis meeting with the industry then announced to the Commons that ministers would not be bailing out energy firms and that […]
Occidental posts quarterly loss on impairment, charges
(Reuters) – Occidental Petroleum Corp <OXY.N> reported a quarterly loss on Thursday, as the oil and gas producer took more than $1.7 billion in impairment and other charges. The company has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its $38 billion acquisition […]
France in chaos and 14-year-old boy dead after football fans riot
England fans gutted after World Cup defeat to France We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info A 14-year-old boy has been killed […]