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The Latest Breaking News on Energy

Energy boss adds to calls for Sunak, Truss and Johnson to come together on bills

Energy bosses are expected to meet with ministers on Thursday.

The Independent UK

South Africa's proposed electricity industry reform: lost in translation?

South Africa’s ruling party recently proposed establishing a second state-owned power company. The purpose is to offset the “grave strategic risk” of relying on Eskom, the country’s monolithic state-owned utility.

The Conversation

India to start supplying petrol with 20% ethanol from April 2023

PANIPAT: India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence and address environmental issues.

The Times of India

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Octopus Energy boss says blackouts unlikely this winter as he urges No 10 to help out families

Greg Jackson: ‘The last support package was really significant. It’s just that the crisis has deepened since then’

Birmingham Post

US inflation falls to 8.5% in July but still close to multi-decade high

Gas prices drop sharply after a hitting a national average of $5 a gallon in mid-June

The Guardian - US

Boosting renewable energy use can happen quickly – and reduce harm to low-income people if done thoughtfully

With many nations making efforts to transition away from fossil fuels to renewable energy, SciLine interviewed Erin Baker, a professor of industrial engineering and operations at UMass Amherst. Baker discussed the technological, political and regulatory efforts needed for this transition, as well as ways that our fossil fuel-dependent system disproportionately…

The Conversation

Labour blasts ‘absurd’ tax regime after report shows oil giant Shell received £100m from UK

Call for companies to pay ‘fair share’ during cost of living crisis

The Independent UK

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Shell paid no tax on UK production in 2021 and received £100m from taxpayer, Labour claims

With consumers facing £4,200 average household bills next year Labour called on the Tory government to do more to squeeze the oil giants record profits.

Daily Record

UK ‘could face four day blackouts and gas cuts’ under ‘worst case scenario’ energy plan

Government insists it does not expect the scenario to happen despite concerns over supplies and soaring energy costs

The Independent UK

Russian oil shipments to central Europe expected to resume

Slovakia's economy minister says oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for the transit was resolved

The Independent UK

Energy boss calls for more government help for customers

It comes amid rising concerns that many households may face energy blackouts in the coming winter

Manchester Evening News

UK faces 'days of power blackouts' over winter, UK Government document reveals

HOUSEHOLDS across the UK could face four days of power blackouts as part of the UK Government’s “worst-case scenario” preparations for…

The National (Scotland)

First turbine installed at Scottish wind farm extension

Developer aims to have the turbines generating electricity by the end of this year

Insider UK

Prax Group buys new vessel to carry Lindsey Oil Refinery marine fuel to UK and European ports

Fortuna II arrives seven months after big sister Fortuna I was welcomed

Birmingham Post

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Irish Mirror

Amber alert on Ireland's electricity in worrying update as UK blackout fears intensify

While Eamon Ryan has ruled out any possibility of rationing in Ireland, the latest update from the Single Electricity Market Operator operated by EirGrid is not good news

Asharq Al-Awsat

Egypt Adopts Measures to Rationalize Electricity Consumption

Egypt is seeking to increase its hard currency revenues, as a result of the rise in interest rates on the dollar. Egypt’s financing needs are increasing despite record revenues achieved from the Suez Canal Authority, which reached USD 7 billion in the last fiscal year, remittances from Egyptians abroad that…

The Guardian - AU

Australia should abandon goal to limit global heating to 1.5C, says gas company eyeing Beetaloo Basin

Tamboran Resources, which received $7.5m to explore Beetaloo Basin, argues target may hinder ‘climate improving’ gas projects

The Independent UK

Ministers to ‘knock some heads together’ in crisis talks with energy bosses

Education Secretary James Cleverly confirmed the meeting as he sought to downplay concerns over energy blackouts this winter.

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The Independent UK

EXPLAINER: Fighting in Ukraine endangers big nuclear plant

Russia and Ukraine have accused each other of shelling Europe’s largest nuclear power plant, stoking international fears of a catastrophe

The Guardian - UK

E.ON slashes value of investment in Nord Stream 1 by almost £600m

German firm’s revaluation represents 58% decline following ‘increased uncertainties’ after Ukraine invasion

Nottingham Post

Asda, Tesco, BP and Shell warning to drivers over fuel prices

Campaigners say costs should be cheaper

The Guardian - UK

UK ministers to meet energy bosses amid talk of toughening up windfall tax

Government admits any policy decisions unlikely to be made before new prime minister announced

Wales Online

UK Government planning energy blackouts this winter with planned power cuts for homes and businesses

It comes as annual energy bills are set to top £4,200 from January

Daily Record

Grangemouth refinery entrance blocked by 'wildcat' strike as workers down tools in pay row

Around 250 maintenance contractors temporarily blocked an access road outside the Petroineos-owned plant in Grangemouth.

Bangkok Post

Vietnam needs $8bn-$14bn power investment a year through 2030

HANOI: Vietnam will need investment of between US$8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, Deputy Minister of Industry and Trade Dang Hoang An said on Wednesday.

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