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The Latest Breaking News on Energy

UK businesses given six-month emergency energy price cap

Government support includes measure reducing price paid for gas and electricity from 1 October

The Guardian - UK

Ukraine-Russia war: What is the Nord Stream 2 pipeline and how might the crisis impact it?

Lucrative natural gas pipeline running to Germany under Baltic Sea blocked by chancellor Olaf Scholz in response to Vladimir Putin’s aggression

The Independent UK

Germany nationalises biggest gas importer to avert supply crisis

Deal includes €8bn cash injection for Uniper, which had been controlled by Finnish energy group Fortum

The Guardian - UK

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Lebanon: Gas Import Agreement from Egypt Disrupted by Unsecured WB Financing

An agreement to transport Egyptian gas to Lebanon via Syria is currently disrupted by Lebanon’s failure to meet the conditions for obtaining a World Bank loan and Washington’s reluctance to give an official approval confirming that the deal is not affected by the Caesar Act, sources told Asharq Al-Awsat on…

Asharq Al-Awsat

Germany nationalizes country's biggest gas importer Uniper

The German government has agreed to nationalize the country’s biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortgage resulting from Russia’s war in Ukraine

The Independent UK

Tiwi Islanders win court battle with Santos over drilling in traditional waters

Gas company’s approval set aside after Justice Mordecai Bromberg found the regulator did not consult properly with traditional owners

The Guardian - AU

Korean companies plan to turn Queensland coalmining town into renewable energy powerhouse

Plan would see Collinsville house 3GW of renewable energy generation to produce 1m tonnes of green ammonia for export

The Guardian - AU

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Tiwi Islands traditional owners win court challenge against gas company Santos' massive Barossa offshore project

A federal court judge has upheld a challenge brought by Munupi clan elders who said they were not properly consulted before the project was approved.

ABC News

Bamboo booster: Assam refinery bets big on bioethanol

The Numaligarh Refinery has identified 25 bamboo chipping units for supplying to its upcoming biorefinery

The Hindu

Qld govt green light for hydrogen corridor

Queensland has inked an agreement with three of Korea's largest conglomerate groups to build a green energy export corridor in the state's north.

AAP

Oregon refinery fire: Massive inferno erupts with two injured at BP facility

A massive fire broke out at a BP oil refinery in Oregon, Ohio, with fire crews responding to reports of injuries at the site as huge clouds of smoke were seen rising from it

Daily Mirror

Marshall Islands head: We must tame 'climate change monster'

Marshall Islands President David Kabua called for world leaders gathered at the U_N_ General Assembly to declare war on what he calls “the climate change monster.”

The Independent UK

North Sea oil and gas industry ‘on track to meet emission reduction targets’

The North Sea Transition Authority said there had been emission reductions of more than one fifth between 2018 and 2021.

The Independent UK

Truss: Russia must leave Ukraine and pay ‘recompense’ to resume diplomacy

PM uses first foreign trip to rally UN allies to keep up the pressure on Russia

The Guardian - UK

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The Independent UK

Philippines leader: Rich countries have put poorest at risk

Philippine President Ferdinand Marcos Jr. is telling leaders gathered at the United Nations that the world’s richest people have put its poorest at risk

The Canberra Times

Major polluters put on notice as Labor mulls shakeup of major emissions scheme

The Climate Council has put the nation's largest emitters on notice

Benzinga

Why An Analyst Anticipates This Small Texas Oil Company Stock To Tap A Gusher

SilverBow Resources Inc (NYSE: SBOW) is a small cap oil and gas company operating out of Texas that is leveraging its core footprint in the Eagle Ford Shale, while also employing disciplined M&A parameters to scale its South Texas footprint.

Al Jazeera

UN chief calls for energy windfall taxes to help climate victims

UN Secretary-General Antonio Guterres urges rich countries to help countries harmed by the climate crisis.

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news in one place.

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Evening Standard

Brazil President Jair Bolsonaro uses Queen’s funeral invite to voice shock at London fuel prices

Controversial leader has been accused of ‘transforming the queen’s funeral into a rally’ as he seeks re-election in South America’s biggest country

AAP

Tiwi Islanders win landmark court case

A traditional owner has been successful in a legal bid over a regulator's decision to allow Santos to drill eight wells in a gas field off the Tiwi Islands.

AAP

Qld poised as nation's 'clean engine room'

Australia's vital coal and gas port of Gladstone could become a global hub of clean jobs and investment, served by abundant renewable energy.

The Guardian - US

‘Polluters must pay’: UN chief calls for windfall tax on fossil fuel companies

António Guterres said money raised should be diverted to vulnerable nations suffering losses caused by climate crisis

Dublin Live

Ireland electricity and gas latest as utilities commission to cease disconnections this winter

Vulnerable customers will also be granted extra time

Benzinga

Utility Bills Are Soaring. How An Analyst Expects To Capitalize With 40% Returns Into 2023

EQT Corporation (NYSE: EQT), a Pittsburgh-based natural gas company, is poised to generate significant free cash flows (FCF) next year with a high-end FCF yield at 30%.

Reuters

EU countries want option to claw back coal plants' revenues - draft

Coal power plants could be subject to the European Union's plan to cap energy producers' revenues to raise cash to bring down soaring energy bills, a draft document seen by Reuters shows.

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