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The Latest Breaking News on Energy

MPs call on Liz Truss to hold to net zero target after campaign pledges

Exclusive: 29 MPs and peers urge new PM to recommit to target after her campaign promised to expand oil and gas production

The Guardian - UK · Sep 7, 2022

Russia gives up key northeast towns as Ukrainian forces advance

Moscow abandoned its main bastion in northeastern Ukraine on Saturday, in a sudden collapse of one of the war's principal front lines after Ukrainian forces made a rapid advance.

Reuters · Sep 7, 2022

China 'very interested' in partnering with Timor-Leste on gas project, President José Ramos-Horta says

Timor-Leste's President José Ramos-Horta reveals China is "very interested" in partnering with his government on a contentious gas project.

ABC News · Sep 7, 2022

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Gautam Adani closes in on Jeff Bezos with 1,000% stock surge

NEW DELHI: First he became the richest person in Asia. Then his net worth surpassed those of Warren Buffett and Bill Gates. Now he’s fast approaching a level of wealth only rivaled by Jeff Bezos and Elon Musk.

The Times of India · Sep 7, 2022

Operators of Diablo Canyon apply for $6 billion federal aid program for nuclear plants

Fresh from getting an extension to keep the last nuclear power plant in California open, Pacific Gas & Electric now looks to receive a chunk of a $6 billion federal program aimed at helping the nation's nuclear fleet remain online.

Tribune News Service · Sep 7, 2022

Texas grid operator says electricity will stay on this fall if conditions are normal

DALLAS — Texas’ main electric grid operator, ERCOT, expects to have enough power generation this autumn to keep the lights on if conditions are normal. But a large number of power plant failures could mean blackouts.

Tribune News Service · Sep 7, 2022

Californians should be ready for rolling blackouts as heat wave strains power grid, officials say

LOS ANGELES — California officials issued an urgent warning Tuesday to conserve electricity, saying the record-setting heat wave means rolling blackouts are very possible.

Los Angeles Times · Sep 6, 2022

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Clean energy exports at 'lightning speed'

Australia will shoot well beyond an electricity grid powered by 82 per cent renewable energy in its quest to be a clean energy superpower.

AAP · Sep 6, 2022

Gas drive will not solve energy crisis, climate advisers tell Liz Truss

Environment and infrastructure chiefs rebuke new prime minister for focusing on fossil fuel solutions

The Guardian - UK · Sep 6, 2022

Domestic energy spend to top £100bn after October price rise, report estimates

The economic report by the Offshore Energy UK has set out measures the UK Government can take to ease the pressure.

The Independent UK · Sep 6, 2022

Public backs wind and solar farms to reduce energy bills, poll suggests

Some 77% of those quizzed backed the green technologies to tackle the cost of soaring bills.

The Independent UK · Sep 6, 2022

Double down on ending gas dependence to curb bills, PM urged

Senior advisers say the Government needs to focus on improving insulation in millions of homes and provide advice to the public on saving energy.

The Independent UK · Sep 6, 2022

Qld tax could deter Japan investors: envoy

Japan's ambassador to Australia has warned Queensland coal tax hikes could impact plans to invest in joint venture hydrogen projects around the country.

AAP · Sep 6, 2022

California heatwave enters intense phase bringing blackouts and wildfires

The Guardian - US · Sep 6, 2022

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The Independent UK · Sep 6, 2022

California and the West broil in record heat wave

A record-setting heat wave is making life miserable in the West

The Independent UK · Sep 6, 2022

‘Climate alarmism’ and ‘doomsayers’: New energy chief Rees-Mogg’s history of dismissing global warming threat

‘Climate dinosaur’ will oversee UK’s net zero strategy in Liz Truss’s government

Al Jazeera · Sep 6, 2022

Heatwave pushes California’s energy grid to its limits

Extreme heat prompts authorities to urge California residents to cut down electricity usage amid power outage threat.

StockNews.com · Sep 6, 2022

3 Energy Stocks That Make Great Buys Even When the Market Swings

The energy sector is facing volatility due to oil price swings amid geopolitical issues. However, oil prices might rise due to potential OPEC output cuts. Hence, investing in energy stocks TotalEnergies (TTE), Valero Energy (VLO), and APA Corporation (APA) might be wise. Read more….

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Bangkok Post · Sep 6, 2022

A faster route to greener shipping

Delegates from over 190 countries recently gathered in Lisbon for the UN Ocean Conference, the most important event on this issue this year. Opening the meeting, UN Secretary-General António Guterres urged governments "to raise their level of ambition for the recovery of ocean health".

The Texas Tribune · Sep 6, 2022

Gov. Greg Abbott touts Texas power grid’s readiness heading into fall, election season

The governor shared the favorable forecast — which is normal for the fall months — ahead of a competitive race in which the grid’s performance during last year’s fatal winter storm may factor into Texans’ decisions at the polls.

The Conversation · Sep 6, 2022

We pay billions to subsidise Australia’s fossil fuel industry. This makes absolutely no economic sense

Fossil fuel subsidies from major economies including Australia reached close to US$700 billion in 2021, almost doubling from 2020, according to new analysis by the International Energy Agency and OECD.

The Independent UK · Sep 6, 2022

What's happening with Ukraine's threatened nuclear plant

Ukraine’s Zaporizhzhia nuclear power plant was built during the Soviet era and is one of the 10 biggest in the world

France 24 · Sep 6, 2022

Long winter ahead: PM Liz Truss faces energy crisis on day one

It's day one on the job for Britain's new prime minister and as Russia squeezes natural gas exports, Liz Truss faces a wartime economy. How to keep the lights on across the Channel? How to rein in inflation? As Europeans work to pool their energy purchases, tax windfall profits and…

Asharq Al-Awsat · Sep 6, 2022

Türkiye’s Erdogan Says ‘Europe Reaping What it Sowed’ on Energy Crisis

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is "reaping what it sowed". Fears in Europe have increased over a potentially bleak winter after Russia announced it was keeping its main gas pipeline to Germany…

The Conversation · Sep 6, 2022

Could Liz Truss allow new drilling for oil and gas and still strengthen the UK's net zero target?

The UK’s new prime minister, Liz Truss, has pledged to suspend green levies on energy bills and look for “better ways to deliver our net zero targets”. Despite a record-breaking heatwave plus wildfires, droughts and floods worldwide, neither contender for the Conservative Party leadership felt the urge, as David Cameron…

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