Utilities

British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations

UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.


How J. Prevost's Tucker Hill Air, Plumbing & Electric Uses Customer-Centricity in the Service Industry

Research shows that companies with a strong customer-centric culture are 60% more profitable compared to their competitors. This highlights the financial benefits of prioritizing customer satisfaction..

Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack

A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response...

Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report

Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries...


Latest News

E.ON sells most of Italian business to Czech-based EPH
Germany's largest utility E.ON AG has agreed to sell its Italian gas- and coal-fired power plants to Czech energy company EPH, ridding itself of unwanted assets from an acquisition spree in 2007.
Oasis Petroleum 'happy' to have SPO as largest shareholder
North Dakota oil producer Oasis Petroleum welcomes having hedge fund SPO Partners & Co as its largest shareholder, Chief Executive Tommy Nusz said in an interview on Monday, commenting on a fund that
South Korea nuclear operator says cyberattacks continue, reactors safe
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safel
Delaware court says C&J tie up with Nabors unit can proceed
A merger between oilfield services provider C&J Energy Services Inc (CJES.N) with a unit of Nabors Industries Ltd. (NBR.N) can proceed, Delaware's supreme court ruled on Friday.
Shell sells parts of Norwegian downstream business to Finland's ST1
Oil major Shell (RDSa.L) said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities.
Citgo valued at more than $10 billion in revised bids
Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people f
ABB, Hitachi to set up joint venture in Japan
Swiss engineering group ABB (ABBN.VX) said on Tuesday it had agreed to set up a joint venture with Hitachi (6501.T) to market high-voltage direct current (HVDC) power transmission equipment in Japan.
Technip rules out CGG bid after talks fail
Technip (TECF.PA) has ruled out making an offer for seismic surveys specialist CGG (GEPH.PA) after talks with the company failed to produce an agreement, the French oil services group said on Sunday.
Shanghai Electric Power says in contact with E.ON over Italy assets
China's Shanghai Electric Power (600021.SS) said on Wednesday it was in preliminary contact with top German utility E.ON (EONGn.DE) over the possible purchase of its Italian assets.
Oil hits four-year low as expectations fade for OPEC cuts
Fading hopes OPEC will cut production when it meets Thursday sent oil prices tumbling to a four-year low and the world stock-market rally paused for Thanksgiving in the United States.
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