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The Latest Breaking News on Energy

These 4 Energy Stocks Are Rising As Russia Cuts Off German Gas Supply

The United States Oil ETF (NYSE: USO) dropped 1% but the Energy Select Sector SPDR Fund (NYSE: XLE) gained 0.5% on Wednesday as investors digest mixed data on the strength of the global economy and the outlook for energy dema

Benzinga

Gazprom to pay Kremlin £8.6bn after record profits

Politicians wait to see whether Russia switches back on Nord Stream 1 gas supply to Europe

The Guardian - UK

Locking in our high-priced dependence on metals for clean energy

A net zero economy requires much more renewable electricity generation – new modelling shows that by 2040 NZ will need to invest half a billion dollars in the metals for wind turbines alone.

Newsroom.co.nz

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Cost of living: What is a warm bank and where are they opening?

Libraries, art galleries, community centres and places of worship could all become sanctuaries once cold weather bites and millions struggle with the expense of heating their own homes

The Independent UK

Who will fund Sizewell C nuclear plant and when will it be built?

Boris Johnson is expected to confirm government funding for Suffolk project

The Guardian - UK

PrepayPower announce price hikes for electricity and gas customers from October 1

The increase will see electricity prices rise by 19 per cent, while gas prices will rise by 29 per cent

Irish Mirror

Greenhouse gas emissions, sea levels hit record highs in 2021

Earth's concentration of greenhouse gases and sea levels hit new highs in 2021, a US government report said Wednesday, showing that climate change keeps surging ahead despite efforts to curb emissions.

France 24

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What inspectors will look for at Ukraine's war-damaged Zaporizhzhia nuclear plant

The international atomic watchdog has been to some of the world's toughest locations, but nothing quite like Europe's largest nuclear power plant in an active war zone.

WEKU

Global fossil fuel subsidies almost doubled in 2021, analysis finds

Support amid huge industry profits is a ‘roadblock’ to tackling climate crisis, says International Energy Agency

The Guardian - UK

UK energy industry to make £170bn in excess profits, leaked analysis reveals

THE UK’s top energy producers are estimated to make more than £170 billion in excess profits over the next two years, leaked analysis from the…

The National (Scotland)

How Russia is using gas as a political tool to win support for the Ukraine war

Russia is using its dominance of the European oil and gas market, where it accounts for 40% of EU gas consumption, to attempt to reduce support for Ukraine.

The Conversation

Is Ukraine’s counteroffensive progressing?

Ukraine’s troops say some southern areas have been retaken, but Russia has reportedly slowed their advance.

Al Jazeera

Top 10 most expensive areas for gas and electricity bills in UK

Amount customers pay on bills depends on where they live

The Independent UK

California's energy grid will be strained by brutal Labor Day weekend heat wave, operators warn

LOS ANGELES — On the eve of what's expected to be California's longest and most intense heat wave of the year, state electrical grid operators are warning residents to prepare for Flex Alerts and other emergency measures.

Los Angeles Times

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The Independent UK

Russia halts gas supplies to Germany as France warns of winter rationing and power cuts

Paris mulls rationing as Europe’s energy crisis deepens

Evening Standard

Energy bills: Eye-watering price cap forecasts are cut as wholesale costs fall...but worse still to come

Energy consultancy Auxilione has lowered its price cap forecast for next January by £620 to £5,012 and by more than £1,432 to £6,269 for next April

Evening Standard

What is Nord Stream 1? Russia turns off natural gas pipeline

Everything we need to know about Nord Stream 1

Birmingham Post

Port of Blyth welcomes massive offshore wind construction vessel

The Northumberland port is one of many trying to reap the benefits of the offshore wind boom

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Birmingham Post

World's largest offshore wind farm Hornsea Two is now fully operational

Orsted's latest addition to Grimsby cluster is fully commissioned and handed over to East Coast team

Al Jazeera

Russia halts Nord Stream 1 gas flow to Europe again

Russia has denied halting gas flows in retaliation for Western sanctions on Moscow over the invasion of Ukraine.

Axios

Nuclear power is having a resurgence

The global energy crisis is forcing governments to embrace climate-friendly nuclear power

Birmingham Post

Rough's return for gas storage gets go-ahead as steps are taken to ease energy crisis

Centrica granted approvals and consents by North Sea Transition Authority

Asharq Al-Awsat

Syria Energy Sector Incurs $107Bln in Losses Since Beginning of War

Syria’s losses in the oil and gas sectors since the beginning of the war in 2011 until mid-2022 have amounted to about $107 billion dollars, revealed a letter sent by the Foreign Ministry to the UN-Secretary-General and President of the UN Security Council on Monday. The letter said figures from…

The Independent UK

Leak reveals staggering profits ahead for energy companies

Leak shows estimate over next two years, as calls for new windfall tax grow

The Guardian - UK

Burn out: Inside the 2 September Guardian Weekly

On the frontline of Britain’s energy bills crisis. Plus: Visions of outer space

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Rafael Mariano Grossi

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