The Latest Breaking News on Energy

Germany will step up lending to energy firms at risk of being crushed by soaring gas prices, it said Tuesday, as Europe readied proposals to help households and industry cope with an energy crisis.

The European Union's executive proposed emergency measures on Wednesday aimed at pulling down surging gas and power prices that are stoking inflation, hampering industrial activity and inflicting sky-high bills upon citizens ahead of winter.

Swedish utility Vattenfall said on Tuesday it had delayed the restart of the Ringhals 4 nuclear reactor by two months to Jan. 31, in a further setback to power supply in the Nordic and Baltic region.

The Ukraine war and a global drought are driving an unexpected surge.

European Union energy ministers will attempt to approve new bloc-wide measures to pull down soaring gas and power prices at an emergency summit on Sept. 30, after Brussels announces the proposals this week.

The city of Copenhagen, often celebrated as one of the world’s greenest for its cycling culture and other initiatives, recently defaulted on its pledge to become carbon-neutral by 2025. This early failure in the global race to net zero emissions (a balance between CO₂ emitted and absorbed) may foreshadow backtracking…

Chancellor Olaf Scholz invoked the spirit of the Berlin Airlift on Tuesday to implore Germans that "the seemingly impossible can succeed", urging them to brace for a tough winter and to rise to the challenge of a shift in energy supply away from Russian gas.

The new Chancellor Jeremy Hunt today confirmed he will scale back the Energy Price Guarantee from next April. Here is everything you need to know about the scheme and how it will affect your bills

Group of activists file supreme court case demanding stronger action on meeting Paris accord goals

As world leaders prepare for a meeting of UN general assembly, the raging war of narratives shows no sign of abating

Draft regulation includes windfall tax on ‘surplus’ profits from oil and gas companies