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The Latest Breaking News on Energy

New update on energy bills shows that UK plans to borrow billions to cut costs

The newly appointed Prime Minister, Liz Truss, is set to be planning to borrow billions of pounds to help limit the damage caused by rapidly increasing energy bills across the country.

Edinburgh Live

Nan, 80, terrified of energy costs after £5,000 Scottish Power bill

"'I'm terrified, I cant sleep. I've had the bailiffs at my house"

Liverpool Echo

Aussie coal in permanent decline: report

Energy market turmoil doesn't mark the start of a "renaissance" for coal-fired power, instead global security concerns and record prices suggest a quicker end.

AAP

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France preparing disused pipeline to supply more winter gas to Germany

France is reactivating a disused pipeline in its northeastern Moselle administrative department, originally built for east-to-west flows, to send Germany gas under an energy deal unveiled by President Emmanuel Macron, according to French officials.

Reuters

How will Liz Truss help businesses and households with soaring energy bills?

Exact details of prime minister’s plans are not yet known but proposals include a freeze on bills and a £40bn package for businesses

The Guardian - UK

EXPLAINER: Europe struggles with crisis as Russia cuts gas

Europe is struggling to contain an energy crisis as Russia throttles back supplies of natural gas

The Independent UK

Factbox-Hurdles for Germany's planned nuclear winter reserve

Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their scheduled closure at the end of 2022, to help avoid potential energy shortages in a winter when most Russian gas supply has dried up.

Reuters

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Infographic: How much of Europe’s energy comes from gas?

In 2021, one-third of Europe’s energy – used for generating electricity, transport and heating – came from burning gas.

Al Jazeera

European cost-of-living crisis leads to protests in Germany and Italy

Pressure is piling on European governments as energy prices continue to soar. After Russia said it wouldn't deliver gas on its Nord Stream 1 pipeline until Western sanctions are lifted, Portugal announced a new support programme for households and Austria's chancellor presented a price cap on electricity. Pressure is also…

France 24

Russia sends more energy to Asia as Europe cuts back

A new report says Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine

The Independent UK

Firmus Energy announce increase in gas tariffs by over 56%

The increase will take effect from October 3

Belfast Live

Russia says United States is behind Europe's gas supply crisis

Russia's foreign ministry said on Tuesday that the United States had fomented Europe's gas supply crisis by pushing European leaders towards the "suicidal" step of cutting economic and energy cooperation with Moscow.

Reuters

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

Reuters

Lebanon's President: TotalEnergies could help Lebanon in maritime demarcation with Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies, could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter.

Reuters

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The Independent UK

Commissioner: EU to unveil new responses to energy crisis

The European commissioner for energy says the EU's next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week

Asharq Al-Awsat

Aoun: TotalEnergies Could Help Lebanon in Maritime Demarcation With Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies (TTEF.PA), could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter. Aoun would make "contacts to help in this regard, will increase communications this month", the…

The Independent UK

Fears grow for Ukraine nuke plant ahead of inspector report

Fears are growing for Europe’s largest nuclear power plant as shelling around it continues

Bangkok Post

Assistance promised for this month's high power bills

The cabinet will next week decide on proposed measures to assist householders as the cost of electricity rises to a record-high, and assistance will be provided to meet September's bills, according Energy Minister Supattanapong Punmeechaow.

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Daily Mirror

Russian energy giant Gazprom shares chilling prediction of gas-less European winter

Energy giant Gazprom, which traditionally has had a large market across Europe, released the film on Monday three days after it announced the indefinite shutdown of pipeline Nord Stream 1

Radio France Internationale

France offers to help Germany with winter gas deliveries as energy crisis looms

President Emmanuel Macron said on Monday that France was ready to deliver gas to Germany in exchange for electricity this coming winter should the energy crisis make such a move necessary. Macron also said that he supports the implementation of a European-wide contribution scheme to rein in speculative pricing.

Asharq Al-Awsat

ADNOC Announces $548Mln Contract for New Main Gas Line

The Abu Dhabi National Oil Company (ADNOC) announced Monday awarding a AED2.01 billion ($548 million) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. The award will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic…

Radio France Internationale

Russia reaps 158 billion euros from energy exports, despite sanctions

Russia raked in 158 billion euros from energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half of that figure. Publishing the findings, think tank the Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow.

Axios

Price controls are back

The abandonment of price and wage controls in the 1970s was a milestone in the shift of American and global economic policymaking.

Asharq Al-Awsat

Russian Gas Flows to EU Via Ukraine Remain Stable, Nord Stream Stays Shut

Flows of Russian gas to Europe via Ukraine were stable on Tuesday morning, while the Nord Stream 1 pipeline from Russia to Germany remained shut and eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany continued at low levels. Russian flows of gas via the Nord Stream 1…

The Guardian - AU

Coalmine expansion approved for Hunter region would cause almost 1bn tonnes of emissions

Future of Mount Pleasant project to be decided by federal environment and water minister, Tanya Plibersek, but activists say it is ‘reckless’ and should be rejected

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