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The Latest Breaking News on Energy

Oil India net profit triples on oil, gas price boost

NEW DELHI: Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

The Times of India

How the UK's winter blackouts would work as 'months' of planning already underway

One expert explained how tea could be an affordable "main source of warm comfort" during the energy shortage.

Daily Record

UK meets energy firms but no help yet for hard-hit consumers

British Prime Minister Boris Johnson and senior ministers have held inconclusive talks with energy companies amid mounting pressure to help people cope with soaring gas and electricity prices

The Independent UK

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More CNG stations coming up

CHENNAI The number of vehicles opting for compressed natural gas (CNG) is increasing gradually, say

The Hindu

Homes in Chennai all set to get piped natural gas connections

Sources in gas companies say the response from the consumers has been encouraging in places where the piped natual gas supply connections have been provided in Tamil Nadu

The Hindu

Energy firms ‘agree to do more’ to help vulnerable as bills surge - but no new measures announced after crisis meeting

The meeting comes as average annual bills are expected to climb to over £3,500 a year from October, and £4,266 in January

Evening Standard

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

The Guardian - UK

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Boris Johnson urges energy firms to ease cost of living crisis – but offers no new support after talks

‘They agreed to work with us to do more to help the people who most need it,’ Nadhim Zahawi says

The Independent UK

Lame duck Boris Johnson pops in to energy crisis talks - but there’s STILL no plan

The Prime Minister made a surprise appearance at talks in Downing Street, where he lives and works, as bills rise to £4,200 - but announced no new measures to help struggling Brits

Daily Mirror

The cheapest petrol prices in Greater Manchester, borough by borough

On average a litre of petrol costs 175.24p, according to RAC figures

Manchester Evening News

UK households ‘face decade of higher energy bills’, experts warn

More wind and solar power will reduce costs but not for years, say energy analysts

The Independent UK

You can ‘count on us’ for help on gas bills, Scholz tells German people

The chancellor says he does not believe there will be unrest in the country during the winter

The Independent UK

Burning imported wood in Drax power plant ‘doesn’t make sense’, says Kwarteng

Drax power plant has taken £5.6bn in subsidies from energy bill payers but business secretary says practice is ‘not sustainable’

The Guardian - UK

Ambitious Lanarkshire wind farm extension sees first new turbine installed

The project is an extension of the current 26-turbine Kype Muir site which lies south of Strathaven.

Daily Record

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The Hindu

Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

Birmingham Post

JDR nets German offshore wind farm contract from Seaway 7 ASA

The North East firm says Germany is an important market for its subsea cable products

Daily Record

Gordon Brown calls for energy firms to be nationalised if they fail to cut household bills

The former Prime Minister said urgent action was needed to meet the cost of living crisis that he compared to the 2008 banking crash.

The Independent UK

Britain says sanctions also impact Russia's defense sector

The European Union’s full ban on Russian coal imports kicks in at a time when British defense intelligence says that Western sanctions are increasingly having an impact

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Manchester Evening News

M53 to close this weekend so ENORMOUS oil refinery kit can be moved

The module is so big it will have to straddle both sides of the motorway

Asharq Al-Awsat

Gas Flows Steady via Nord Stream from Russia, Flowing Eastbound Through Yamal-Europe

Gas flows eastbound through the Yamal-Europe pipeline to Poland from Germany were steady on Thursday, data showed, as were flows via Nord Stream 1 from Russia, which has cut the pipeline to 20% of its capacity, citing maintenance work. Exit flows at the Mallnow metering point on the German border…

Tribune News Service

Commentary: To truly protect the climate, Biden must tighten methane limits

The Democrats’ long-sought tax and energy legislation finally passed by the Senate is a critical breakthrough in America’s effort to meaningfully reduce greenhouse-gas emissions. That’s the good news. More worrisome is what the bill fails to do to limit fugitive methane from oil and gas production.

Daily Mirror

Energy firms that can't keep bills down should be nationalised, Gordon Brown demands

The ex-PM has a plan to deal with energy bills hitting £4,200 - and says firms that can't meet it should go temporarily into public ownership as a 'last resort'

Manchester Evening News

Energy bills could go up BEFORE October pay cap rise, Ofgem says

The rises would 'help spread the cost of higher energy use in the winter', the regulator claimed

Wales Online

Expert explains how planned winter blackouts would work in UK

Planned rationing could see energy turned off, with a campaign advising people what to do

The Guardian - AU

Labor to back new fossil fuel projects that ‘stack up’ economically and environmentally

Resources minister praises gas industry as ‘ally’ of renewable energy and says she will work with states and territories to encourage new supply

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