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The Latest Breaking News on Energy

Ovo Energy chief calls for ‘progressive’ scheme for bills similar to tax system

Banded subsidy would provide greater support for poor households but taper off for richer users

The Guardian - UK

Russia-Ukraine war: List of key events, day 190

As the Russia-Ukraine war enters its 190th day, we take a look at the main developments.

Al Jazeera

India is new major player in Russian oil market once dominated by China

NEW DELHI: India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade as the fallout from Moscow’s invasion of Ukraine reshapes trade flows.

The Times of India

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UN inspectors head to Ukraine nuclear plant despite fighting

Russia and Ukraine have accused each other of waging attacks near Europe’s largest nuclear power plant just as a team of U.N. inspectors were heading to visit it

The Independent UK

UK gas prices fall; growth fears hit markets; pound sinks below $1.16 amid living standards squeeze – business live

Energy prices fall in UK and Europe; Resolution Foundation warns three million more people could be pulled into absolute poverty

The Guardian - UK

Ukraine nuclear reactor shut down due to shelling, operator says

One of two operational reactors at Ukraine's Russian-held Zaporizhzhia nuclear plant complex has been shut down due to Russian shelling, operator Energoatom said on Thursday.

Reuters

Qld approves Carborough Downs coal project

The expansion of the Carborough coal mine in central Queensland has been approved by the state government, allowing the project to operate for another 11 years.

AAP

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Prepare for the winter from hell, warns energy boss

OVO Energy founder Stephen Fitzpatrick pleaded for ‘very bold’ action to help shield families from the ‘worst of the price rises’

Evening Standard

Qatar Says it Will Build World's Biggest Blue Ammonia Plant

Qatar announced Wednesday that it will build the world's biggest plant making blue ammonia -- one of the new fuels being touted as a cleaner energy source. Energy Minister Saad al-Kaabi said the plant would cost $1.2 billion and start production in early 2026. State-owned Qatar Energy, a firm that…

Asharq Al-Awsat

Penny Wong calls for quiet negotiations over gas project after Jose Ramos-Horta warns Timor Leste may turn to China

Timor Leste President José Ramos-Horta has used a series of media interviews to warn that his country may turn to a Chinese company to fund a contentious gas project if the Australian government doesn't "intervene" and lean on Woodside.

ABC News

Hawaii closes last coal-fired power plant as ban begins

The last bits of ash and greenhouse gases from Hawaii’s only remaining coal-fired power plant slipped into the environment this week when the state’s dirtiest source of electricity burned its final pieces of fuel

The Independent UK

Another Tanker Briefly Blocks Egypt's Suez Canal

An oil tanker briefly became stuck in Egypt's Suez Canal on Wednesday night, officials announced, raising fears that last year's major blockage of the global maritime route could be repeated. The Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", a security source told AFP, adding that…

Asharq Al-Awsat

Boris Johnson speech - live: PM ‘to announce nuclear power expansion’ amid energy crisis

Nadhim Zahawi says ‘nothing off table’ for next PM’s cost of living support package as Tory leadership ballot set to close

The Independent UK

Elysian Energy enters voluntary administration after doubling its electricity prices in June

Australian-based energy retailer Elysian Energy enters voluntary administration, becoming the seventh boutique provider this year to succumb to the global energy crisis.

ABC News

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The Independent UK

Australian FM warns East Timorese against Chinese debt

Australia’s foreign minister on a visit to East Timor is warning the nation against going into “unsustainable debt” to the Chinese on a major gas project

Los Angeles Times

California lawmakers OK buffer zones between new oil wells and homes, schools

SACRAMENTO, Calif. — After years of failed attempts to impose health and safety buffer zones around new oil and gas wells in California, state lawmakers on Wednesday sent a bill to the governor that would require setbacks between those production sites and residential neighborhoods and other sensitive areas.

The Independent UK

Malaysian court to rule on graft case of jailed ex-PM's wife

The wife of jailed ex-Prime Minister Najib Razak has arrived in court for a verdict in her corruption trial involving a solar energy project in schools

The Guardian - US

Hawaii to close its only coal power plant in a step toward renewable energy

Lawmakers approved legislation in 2020 banning coal for electricity production by the end of this year

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The Independent UK

Johnson warns Truss not to ditch his nuclear and renewable energy plans

Outgoing PM expected to sign off state investment in Sizewell C reactor

The Conversation

New 'hydrogen alliance' offers Canada an opportunity to export ammonia to Europe

A recently announced export agreement between Canada and Germany offers Canada an opportunity to export hydrogen to Europe.

Benzinga

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

The Guardian - UK

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

Newsroom.co.nz

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.

The Independent UK

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 Guardian - 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

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