New York(CNN) For Ukraine, the year since Russia’s invasion has been one of widespread death, destruction and displacement, as millions had their lives changed forever. Americans got off easy by comparison, with most feeling the impact of the war only at the gas pump. But the effect on Americans was far less than it was […]
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European gas prices plunged to an 18-month low on Friday, the lowest level since Russia first invaded Ukraine in a move that sent prices soaring. The benchmark gas price on Friday dipped below €50 (£44.51) per megawatt hour down to €48.90/MWh (£43.51) for the first time in nearly 18 months as traders’ confidence over the […]
An 82-year-old British Gas customer was forced to plunder his funeral savings in order to pay for a huge British Gas bill. The elderly widower saw his bill more than quadruple over winter, as wholesale gas and electricity prices skyrocketed following Russia‘s invasion of Ukraine. Barry Seckerson, 82, said that his energy bills left him […]
British Gas owner Centrica has reported record profits for the 2022 financial year of £3.3billion, more than triple that of last year. Figures have been fuelled by the rising energy prices following Russia’s invasion of Ukraine last February. But do you think they should pay higher windfall tax for their profits? Vote in our poll. […]
British Gas parent company Centrica has reported a surge in its annual underlying operating profits. The firm’s earnings skyrocketed as Britons struggled to meet the cost of living, reaching £2.8 billion. The reported profits mark a threefold increase from £392 million in 2021, establishing a new record. The last record-breaking year for Centrica was in […]
A woman has accused a utility company of “theft” after £30 vanished from her gas meter overnight. When Gwenie Tait discovered her top-up had vanished, she complained to energy supplier Bulb, which told her that she must have used her credit or she had a gas leak. However, an inspector allegedly visited the 50-year-old’s home […]
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British households paying their energy bills by cash, cheque or bank transfer are being billed £1.3billion a year more than those on direct debit, a report by Octopus Energy has found. While all energy firms are guilty – British Gas was found to be one of the worst culprits charging nearly £500million extra to people […]
Russia has suffered a major humiliation as experts now predict that wholesale gas prices will fall in Europe. Pierre Andurand, one of the world’s top-performing traders in the energy sector has now closed out his positions in natural gas markets, firmly believing that the skyrocketing prices of 2022 will not be repeated this year. In […]
REDWOOD CITY, Calif.–(BUSINESS WIRE)–C3 AI (NYSE: AI), the Enterprise AI software application company, today announced its commitment to achieve net-zero greenhouse gas (GHG) emissions by the fiscal year 2050 across scopes 1, 2, and 3 emissions. In the interim, C3 AI commits to a 50% reduction in scope 1 and 2 emissions by the fiscal […]