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The Latest Breaking News on Energy

Liz Truss took £100,000 donation from wife of former BP executive

Official records reveal the Prime Minister was handed cash for her leadership campaign by Fitriani Hay, the wife of James Hay, a former senior executive at the energy giant

Daily Mirror

$Chemicals billionaire Jim Ratcliffe renews fracking calls to after Truss energy plan$

Chemicals billionaire Jim Ratcliffe renews fracking calls to after Truss energy plan

The Ineos founder, one of Britain’s richest men, wants to drill for shale gas after Liz Truss backs home-grown energy

Evening Standard

$Why Government fracking u-turn could be a red herring$

Why Government fracking u-turn could be a red herring

Change in policy could see domestic shale gas production begin in as little as six months - in areas where there is local support

Birmingham Post

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Energy plan will ‘bring immediate relief’, but suppliers call for more action

Chris O’Shea, chief executive of British Gas owner Centrica, promised to continue donating 10% of profits to help vulnerable households.

The Independent UK

Britain goes big to ease energy shock, EU meets on Friday

Britain will cap consumer energy bills for two years and funnel billions to prop up power companies, its new leader Liz Truss said on Thursday in a bid to tackle an energy crisis that has Europe and Russia squaring off in a deepening economic war.

Reuters

Texas turning green? Homeowners embrace solar panels, aiming to slash electric bills

A decade ago, Larry Howe was drawn to solar energy and became an early adopter. He put solar panels on the roof of his Plano, Texas, home in 2012 and, a few years later, added solar panels above his backyard patio to provide shade and power.

Tribune News Service

Starmer says Truss ‘driven by dogma’ over refusal to back expanded windfall tax

Labour leader suggests the Prime Minister is on the side of oil and gas companies and not voters.

The Independent UK

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$Anger as Liz Truss lifts fracking ban - with gas to start flowing in six months$

Anger as Liz Truss lifts fracking ban - with gas to start flowing in six months

The new Prime Minister enraged green campaigners when she announced manifesto-busting plans to end the moratorium on shale gas extraction

Daily Mirror

Sunny summer sees Europe hit new solar power high

A new report says long periods of sunshine took solar power generation in Europe to a record high this summer that helped reduce the need for gas imports

The Independent UK

The Standard View: This fossil fuel crisis requires clean energy solutions

The financial support package set out by the Government today will come as a relief to millions of households and businesses. Part of this plan will also involve expanding our energy supply, including fracking and North Sea oil and gas.

Evening Standard

Fracking ban lifted by Liz Truss as PM pushes domestic energy to tackle bills crisis

The move will be met with strong opposition from local campaigners and environmentalists

Evening Standard

Analysis-Putin's energy gamble may prove a double-edged sword for Russia

President Vladimir Putin's threat to completely cut off energy supplies to the West in a deepening confrontation over Ukraine could prove to be a double-edged sword for Russia.

Reuters

$Liz Truss lifts fracking ban and pushes domestic energy to tackle bills crisis$

Liz Truss lifts fracking ban and pushes domestic energy to tackle bills crisis

The move will be met with strong opposition from local campaigners and environmentalists.

The Independent UK

Nigerian oil workers threaten to strike if govt doesn't stem theft

Members of a Nigerian oil workers' union are threatening to go on strike if the government does not do more to stem widespread oil theft they say is putting their safety at risk and has cut exports by hundreds of thousands of barrels.

Reuters

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Wales Online

Energy bills frozen as Liz Truss reveals plan for cost of living crisis

Bills will be put on hold for two years from the start of October

Evening Standard

How to invest in oil

Soaring energy prices have dominated the headlines over the last year. In the oil sector, the wholesale price of Brent crude oil (a key oil industry measure), is almost five times higher now than in April 2022, and motorists have faced record petrol prices at the pumps.

Evening Standard

What are the government’s fracking plans? Rishi Sunak reinstates ban

The ban on shale gas fracking in England has been restored by new Prime Minister Rishi Sunak in his first PMQs.

Chronicle Live

Brits could be told to cut their energy use this winter to avoid blackouts

Just weeks after Downing Street insisted that people shouldn't worry about their energy use, it is reported that ministers are considering a public information campaign to turn off appliances

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Evening Standard

How to invest in natural gas

Natural gas has featured regularly in the news of late, with the wholesale price having more than doubled in 2022 after Russia’s invasion of Ukraine. The UK government has also reopened the controversial debate on fracking as a way of reducing natural gas imports.

The Independent UK

Finland opens two reserve power plants over European energy crisis fears

Fingrid says move taken to prevent electricity blackouts

The National (Scotland)

Douglas Ross defends PM's plan to freeze bills without windfall tax on energy firms

DOUGLAS Ross has defended Liz Truss’s plan to freeze energy bills despite the fact this will hit taxpayers in the pocket over the coming decades.

Axios

The U.S. can't solve Europe's energy crisis

Europe is still figuring out how to make up for Russia's oil.

Bangkok Post

UK seeks more North Sea oil and gas

LONDON: The British government is expected to announce dozens of new North Sea oil and gas exploration licences in an effort to boost domestic production, according to two sources familiar with the government’s discussions.

Insider UK

'Harsh winter ahead' could stifle Scottish economic growth

Scotland’s productivity is the third highest off all UK regions and nations, yet still remains below the UK average

The Independent UK

Ukraine considers closing Zaporizhzhia nuclear power plant as fighting rages

Earlier this week, experts called for a security zone around Zaporizhzhia

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