The Latest Breaking News on Energy

News of the pipeline’s indefinite closure on Friday caused the euro to sink below the dollar to $0.99 on Monday — its lowest level in 20 years

Experts caution it would be years before Iran’s gas could get to Europe

Europe’s largest nuclear plant was knocked off Ukraine's electricity grid Monday after its last transmission line was disconnected as a result of a fire caused by Russian shelling, the facility’s operator and the UN atomic watchdog said. The International Atomic Energy Agency said it was informed Monday by Ukrainian authorities…

Germany's government plans to publish the results of a highly anticipated study into how the country’s energy sector will cope with possible shortages in the coming months

Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault

Benchmark European prices rose by 30 per cent after the Nord Stream 1 pipeline was closed off

The euro sank to a new 20-year low on Monday and below $0.99 after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the…

Germany said on Monday it would keep two nuclear plants on standby beyond the end of the year in a policy U-turn as Europe scrambles to make up for a sharp drop in Russian gas supplies. Meanwhile, Ukrainian forces claimed gains in a counter-offensive against the Russian army in southern…

The Hunter's peak business group has warned the productivity of region's industrial power users will be threatened unless more baseload generation comes on line in the near future.