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The Latest Breaking News on Energy

How worried should you be and where should you start to manage your money? Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK

Egypt Earning $500 Million Monthly from Gas Exports

Egypt is earning about $500 million monthly from natural gas exports and aims to raise that figure to $1 billion “in the coming period,” Finance Minister Mohamed Maait said in a statement on Thursday. The statement, based on comments by Maait at a Bloomberg forum, gave no comparative figures on…

Asharq Al-Awsat

Energy giant's surprise 'near-zero' pledge

Woodside Energy has committed to "near-zero" methane emissions by 2030 but environmental groups warn this distracts from the company's biggest pollutant.

AAP

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Everything we know about Budget 2023 a week away - as householders in for multiple bonuses

Mr Martin said he will take on the energy companies if they step out of line on standing charges.

Irish Mirror

Feds open applications for regional hydrogen hubs

WASHINGTON — The U.S. Department of Energy opened applications Thursday for $7 billion in funding for regional hydrogen hubs.

Tribune News Service

California moves to ban natural gas furnaces and heaters by 2030

California is committing to a plan that will make it the first U.S. state to phase out gas-fueled furnaces and water heaters in homes, a move environmentalists are betting will provide a template for other states.

Tribune News Service

Judge approves $230M settlement in California oil spill case

A judge has approved a $230 million lawsuit settlement by the owners of a pipeline that spilled more than 140,000 gallons of crude oil into the ocean off California in 2015

The Independent UK

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India meets two-thirds of renewable energy target, says report

‘Gujarat, Rajasthan, Karnataka and Telangana meet target’

The Hindu

At U.N., Micronesia denounces Japan plan to release Fukushima water into Pacific

The president of the Pacific island state of Micronesia denounced at the United Nations on Thursday Japan's decision to discharge what he called nuclear-contaminated water from the Fukushima Daiichi Nuclear Power Station into the Pacific Ocean.

Reuters

TOP allocates $5bn to invest in fast-growing businesses

Thai Oil Plc (TOP), Thailand largest oil refinery by capacity, is planning to allocate US$5 billion in capital spending to support its long-term investments in new rapidly growing businesses.

Bangkok Post

Bank of England warns UK 'may be in recession' as it hikes interest rates

The Bank of England has warned that the UK economy may already be in recession, as it hikes interest rates for the seventh time to combat the spiralling pace of price rises. Inflation is still hovering nearly 40-year highs at just under 10 percent. Meanwhile, Turkey's central bank continues its…

France 24

Could a national energy transition authority allay the fears of communities reliant on fossil fuel industries?

The transition to net zero will be one of Australia’s biggest transformations, and many believe we need a national body to coordinate and plan the change.

ABC News

Edinburgh's cheapest petrol and diesel prices across the city as costs fall

Petrol prices are falling which is good news as other household bills are on the rise in a matter of weeks. Here are cheapest fuel prices across Edinburgh

Edinburgh Live

$Tory MPs angrily challenge Rees-Mogg’s fracking revival plan$

Tory MPs angrily challenge Rees-Mogg’s fracking revival plan

Energy secretary considers bypassing local planning rules as backbenchers voice opposition

The Guardian - UK

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The Guardian - UK

Factcheck: is Jacob Rees-Mogg right that fracking is safe and vital?

New business secretary says opposition to fracking is ‘sheer ludditery’, yet he faces disbelief from many quarters

Reuters

Six injured, building destroyed in blast at JSW coking plant in Poland

An explosion in a coking plant in southern Poland owned by miner JSW injured six people and caused a building to collapse, a fire brigade spokesman said on Thursday.

Reuters

Argentine oil workers strike after refinery explosion kills three

BUENOS AIRES - Argentina's largest oil union said it launched an indefinite strike on Thursday after an explosion at a refinery in the western province of Neuquen killed three.

The Independent UK

Fire in Argentina refinery kills three

A fire in an oil refinery in southwestern Argentina has killed at least three people

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Reuters

Facing calls to resign, World Bank's Malpass changes answer on climate crisis

Under pressure to resign for declining to say whether he accepts the scientific consensus on global warming, World Bank President David Malpass said on Thursday it was clear greenhouse emissions are causing climate change and defended his record as bank chief.

The National (Scotland)

Jacob Rees-Mogg supports 'outrageous' claim that Putin funded opponents of fracking

JACOB Rees-Mogg has supported a "baseless" claim that Russian president Vladimir Putin has funded opponents of fracking.

Wales Online

Jacob Rees-Mogg suggests he won't fight Wales' fracking ban

This comes after First Minister of Wales Mark Drakeford announced at the beginning of September that Wales would not be fracking for shale gas

The Guardian - US

Schumer and Manchin’s ‘dirty side deal’ to fast-track pipelines faces backlash

Scientists and environmental groups call proposed legislation a ‘giveaway’ to fossil fuel industry that will gut protections

Radio France Internationale

Macron opens France's first offshore windfarm, a decade in the making

French President Emmanuel Macron took to the Atlantic off the western city of Saint-Nazaire on Thursday to inaugurate the first of a planned series of offshore windfarms. The project is intended to make France less dependent on non-renewable energy and, in the shorter term, answer national needs in the wake…

The National (Scotland)

Greenpeace considering legal challenge over Tory plans for oil and gas licences

ENVIRONMENTAL campaigners are considering taking legal action against the Government over its plans to issue more than 100 new oil and gas drilling…

Reuters

Ban on gas fracking in England lifted in push for energy independence

Britain on Thursday formally lifted a moratorium on fracking for shale gas in England that has been in place since 2019, saying strengthening the country's energy supply was an "absolute priority".

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