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The Latest Breaking News on Energy

South Africa in electricity crisis, nationwide blackouts

South African President Cyril Ramaphosa has an urgent meeting scheduled with his Cabinet to discuss an electricity crisis which has led to unprecedented levels of nationwide power blackouts

The Independent UK

Direct air capture: how advanced is technology to suck up carbon dioxide – and could it slow climate change?

Humanity must remove up to 660 billion tonnes of carbon dioxide (CO₂) from the atmosphere by the end of the century to limit global warming to 1.5°C. That’s according to the most recent report by the Intergovernmental Panel on Climate Change (IPCC), which based its estimate on atmospheric CO₂ concentrations…

The Conversation

Germany takes over Uniper, raising rescue bill to $29 billion

Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid an escalating energy crisis that shows just how much Europe's top economy has relied on Russian fuel.

Reuters

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Petrol and diesel prices could surge in Ireland after Putin war declaration as gas rises

Millions of people are being hit with higher bills as a result of sanctions imposed on Russia for the illegal invasion

Irish Mirror

Zero emissions vessel concept for wind farm industry unveiled by long-term operator

Tidal Transit has provided crew transfer vessels to developers and support companies in Grimsby for a decade

Birmingham Post

Liz Truss, we support fracking too – that’s why we know it can’t work for Britain

The economic and political barriers to fracking here are extremely high. There are better solutions to the energy crisis, say Chris Cornelius and Mark Linder

The Guardian - UK

North Tyneside shipyard set for multi-million pound restoration in bid to attract clean energy jobs

The Howdon Yard is in need of repairs to make it a more attractive site for employers to move onto

Chronicle Live

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Russian mobilization hikes urgency of oil price cap -Ukrainian presidential advisor

Russia's first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the "blood money" supporting its war in Ukraine, a senior economic adviser to Ukrainian President Volodymyr Zelenskiy told Reuters.

Reuters

Stalled Brexit talks driving higher UK energy bills, industry warns

UK and EU are yet to agree efficient trading system to replace single market

The Independent UK

Two people killed in massive fire and ‘explosion’ at Ohio BP oil refinery

Facility has been shut down

The Independent UK

What is The Energy Bill Relief scheme and how can you apply?

The measures are designed to mitigate the effects the cost of living crisis is having on businesses

Evening Standard

We can't stop Truss's oil and gas bonanza plans without independence, minister says

SCOTLAND is almost entirely powerless to stop a reported oil and gas licensing bonanza by the UK Government, a minister has said.

The National (Scotland)

Jacob Rees-Mogg's energy scheme 'inadequate' without proper reform, says deputy FM

THE UK Government's new scheme for business energy bills may be “inadequate” without reform of the energy market, Scotland’s Deputy First…

The National (Scotland)

Ohio oil refinery fire kills 2 people; plant shut down

Officials say a fire at an oil refinery in Ohio killed two people and the facility has been shut down

The Independent UK

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Daily Record

John Swinney warns UK Government business support scheme may be 'inadequate'

The Deputy First Minister was responding to Conservative plans to slash the cost of wholesale gas and electricity for non-domestic customers.

Liverpool Echo

Martin Lewis explains why bills aren't dropping despite gas price change

Gas prices have dropped but it won't change your energy bill

The Independent UK

Live updates: U.N. General Assembly

Nigerian President Muhammadu Buhari says developing countries are “literally paying the price” when it comes to climate change

The Independent UK

Oil terminal protesters walk free from court after injunction breach

Police were pulled away from the Queen’s funeral preparations to help arrest demonstrators, a court heard.

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Birmingham Post

Businesses 'will breathe sigh of relief' - West Midlands reaction to latest energy price cap

Price cap has been extended by UK government from domestic customers to companies as many feared winter bills could force them to close

The Independent UK

John Swinney: Energy support scheme for businesses may be ‘inadequate’

The Deputy First Minister responded to the UK Government’s energy bills support scheme.

Irish Mirror

Eamon Ryan says dealing with energy crisis goes hand-in-hand with climate action

And Minister Ryan says he also believes Ireland can be “really good” at delivering on renewables.

Irish Mirror

Ireland hasn't got enough ports to build wind turbines needed to meet climate targets, study finds

The country needs about 20GW of power from offshore wind by 2050 - that’s around 1,000 turbines

The Independent UK

Thousands rally in Belgium to protest high energy prices

Thousands have gathered in Belgium to protest against skyrocketing electricity, natural gas and food prices

Reuters

Greece extends energy bill subsidies ahead of 'winter battle'

Greece will pay out a further 1.1 billion euros ($1.09 billion) in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices ahead of winter, Energy Minister Kostas Skrekas said on Wednesday.

StockNews.com

This Earnings Winner is Our Featured Stock of the Week...

Target Hospitality (TH) is a specialty rental and hospitality services company that has been experiencing big gains in recent weeks. Read more to find out what's driving the stock higher, and why the gains could continue.

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