O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive

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BP’s board has appointed its first female chief executive in a move to revive the oil company’s fortunes, after ousting Murray Auchincloss less than two years into his role.

In an unexpected leadership shake-up, Auchincloss will step down as chief executive with immediate effect, but remain in an advisory role until the end of next year.

An official report lays out different scenarios for the cost of transitioning away from fossil fuels to net zero by 2050

Britain’s official energy system operator has attempted to work out what achieving net zero carbon emissions will cost, with its figures showing surging spending in the coming years.

The scale and speed of the shift to a low-carbon economy, and how to fund it, are hotly debated by political parties.

Green light intended to limit amount consumers pay for windfarms to turn off during periods of high generation

Three major UK electricity “superhighways” could move ahead sooner than expected to help limit the amount that households pay for windfarms to turn off during periods of high power generation.

Current grid bottlenecks mean there is not enough capacity to transport the abundance of electricity generated in periods of strong winds to areas where energy demand is highest.