The Latest Breaking News on Energy

There are also other schemes available to help those struggling

Iraq's state-owned oil marketer SOMO has threatened fresh legal action against buyers of crude oil originating from the semi-autonomous Kurdistan region, according to a letter dated Aug. 23 seen by Reuters. The letter is the latest in a series of moves by Iraq's oil ministry to try to control oil…

Ofgem chief executive Jonathan Brearley warns of hardship energy prices will cause this winter

City Comment: The energy giant’s move to help poorer customers is welcome, but hardly solves the problem

The UK’s energy regulator has set the new price cap at £3,549 from October.

Brits are finding out today how high energy prices are set to get with Ofgem announcing a revised cap, while across the political divide different proposals are being put forward to tackle the crisis

Chancellor says ‘we should all look at our energy consumption’ as charity issues warning over ‘stratospheric energy bills’

The southwestern province of Sichuan, China's biggest hydropower producer, has seen its supply capability slump due to a long drought across the Yangtze basin, stoking fears the country could suffer another devastating power shortage.

Czech PM says ‘emergency measures’ needed as energy situation ‘damaging the whole European Union’