The Latest Breaking News on Energy

Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens and companies from soaring gas and power prices, according to research published by think-tank Bruegel on Wednesday.

President and CEO of Saudi Aramco, Amin bin Hassan Nasser, emphasized the need for a more reliable energy transition plan, in a keynote speech on Tuesday at the Schlumberger Digital Forum. In his speech, Nasser underlined the importance of achieving a new global consensus of views and positions, outlining three…

Australia’s second-largest independent gas producer Santos Ltd argued it had all necessary approvals to begin drilling.

The Scottish Chambers of Commerce said a six-month cap on bills is not enough for firms to be ‘sufficiently reassured’.

Brazilian President Jair Bolsanaro insisted the price of fuel at a London forecourt, which was being sold at 161.9p per litre. was "practically double the average of many Brazilian states"

Democrats hailed the Inflation Reduction Act as a climate crisis victory – so why the secrecy over an oil and gas pipelines bill?

The world is on fire. The flames are hard to see, because we hide them so well. But you can hear them — in the whine of jet engines as planes streak across the sky, in the rumble of power plants as they send electricity surging over power lines, in…

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and raising concerns of tighter oil and gas supply. Brent crude futures rose $2.28, or 2.5%, to $92.90 a barrel by 0707 GMT after falling $1.38 the previous…

Indigenous traditional owners have won a court challenge that prevents an energy company from drilling for gas off Australia’s north coast

The wholesale price paid by non-domestic customers will be capped for the next six months