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The Latest Breaking News on Energy

The clean energy race is on but it needs investment

The United States has entered the clean-energy race in a big way with the Inflation Reduction Act (IRA) of 2022. Not only will the law subsidise US renewable-energy producers and consumers to the tune of US$369 billion (13 trillion baht) over 10 years; it also authorises the Department of Energy…

Bangkok Post

TPIPP sets aside B10bn for capex

SET-listed TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy power plant developer and operator by capacity, is allocating capital spending worth almost 10 billion baht between the second half of this year and 2023 to develop two new facilities and use more refuse-derived fuel to replace coal, which is still…

Bangkok Post

Energy boss on £6m will get £770,000 payday in October as Brits' bills rocket

Linda Cook is benefitting from an £84m interim dividend announced by Harbour Energy today as its profits rose 1,100% to almost £1.3billion in the first half of 2022

Daily Mirror

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Explainer-Zaporizhzhia's power lines: ramparts against nuclear meltdown

The last of four regular power lines supplying the Russian-held nuclear power plant at Zaporizhzhia in Ukraine was briefly cut on Thursday, meaning the plant had to resort to backup power for the first time, thinning its defences against a meltdown.

Reuters

Zelenskiy says radiation accident narrowly avoided at Ukraine nuclear power station

The world narrowly avoided a radiation accident at the Zaporizhzhia nuclear station in Ukraine on Thursday after power was cut to the two remaining working reactors, President Volodymyr Zelenskiy said.

Reuters

3 Energy Giants Experts Believe Still Have 15% or More Upside

Potential supply cut concerns are boosting the oil prices while demand remains robust. Amid this, Wall Street analysts expect energy giants Shell plc (SHEL), ConocoPhillips (COP), and TotalEnergies (TTE) to soar 15% or more in the near term. Read more….

StockNews.com

Ukraine faces toughest winter yet, but gas reserve goal within reach

Ukraine faces its most difficult winter in modern history but should manage to reach a government goal of building 19 billion cubic meters (bcm) of natural gas reserves in time, Energy Minister German Galushchenko said on Thursday.

Reuters

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IndianOil unveils Rs 2 lakh crore net zero greenhouse gas plan

NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Thursday unveiled a Rs 2 lakh crore roadmap to achieve net zero greenhouse gas emission from its operations by 2046.

The Times of India

Harvey Weinstein was found guilty of more rape charges

The disgraced movie mogul is already serving a 23-year prison sentence for separate sexual assault charges.

Mic

Amplify Energy reaches tentative settlement deal in California oil spill lawsuits

LOS ANGELES — The Texas company that operates the oil pipeline that sent at least 25,000 gallons of crude gushing into the waters off Southern California in a spill last fall has tentatively agreed to settle more than a dozen lawsuits brought by Orange County business owners and residents.

Los Angeles Times

Council sets out its plan for net zero by 2030

Bosses this week revealed that transport, together with commercial and residential buildings account for 92 per cent of carbon emissions in the area.

Daily Record

Russian-Held Nuclear Plant Temporarily Disconnects from Ukraine Grid for First Time

The Zaporizhzhia nuclear power plant in the middle of the fighting in Ukraine was temporarily cut off from the electrical grid Thursday because of fire damage, causing a blackout in the region and heightening fears of a catastrophe in a country haunted by the Chernobyl disaster. The plant, Europe's largest,…

Asharq Al-Awsat

Fear of 'nuclear catastrophe' after Europe's biggest power plant disconnects from grid

Fears of a nuclear catastrophe are now spreading across the continent as all six reactors at the plant have been disconnected for the first time ever

Irish Mirror

Zaporizhzhia nuclear plant temporarily disconnected from grid

Fires at nearby coal power plant caused the site to be cut off from Ukraine’s national grid, state nuclear company says.

Al Jazeera

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The Independent UK

Russian-held Zaporizhzhia nuclear plant cut off from Ukraine grid for first time

Nearby fires interfere with power lines connecting to nuclear plant

Benzinga

The Heat Is On — And So Is The Creation Of New ESG Funds

Over the last year, unique natural phenomena — including record heat waves in Europe — have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.

Reuters

Dutch city of The Hague seeks exemption from EU sanctions against Russia

The Dutch city of The Hague on Thursday said it would ask for a temporary exemption of EU sanctions against Russia, as it struggles to find a replacement for its contract with Russian gas supplier Gazprom in time.

The Guardian - UK

Shelling temporarily disconnects Zaporizhzhia nuclear plant from Ukraine grid

Russian-held site forced to fall back on diesel generators, raising risk of catastrophic failure of cooling systems

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The Guardian - UK

Small businesses warn they may not survive winter due to UK energy bills

Traders whose fixed-price supply deals expire in October have already seen bills quadruple since early 2021

Evening Standard

Ukraine: Zaporizhzhia nuclear power plant cut off from electrical grid for first time

The Zaporizhzhia nuclear power plant in Ukraine has been cut off from the electrical grid for the first time after its last power line was damaged, according to the country’s nuclear power operator.

The Independent UK

Energy price cap announcement: When is it and what can we expect?

Latest Ofgem rise expected to take standard tariffs to £3,600, experts warn

Bangkok Post

Ukrainian nuclear plant briefly disconnected

KYIV: Ukraine’s largest nuclear power plant was briefly disconnected from the country’s power grid for the first time in its history, according to Ukrainian officials, leading to large-scale power outages in nearly all the Russia-occupied cities of southern Ukraine.

Reuters

Key facts about the nuclear plant in the eye of the war in Ukraine

The Zaporizhzhia nuclear power plant in southern Ukraine has been shelled in recent days, raising the possibility of a grave accident just 500 km (around 300 miles) from the site of the world's worst nuclear accident, the 1986 Chornobyl disaster.

Reuters

Vast nuclear plant held by Russia disconnects from Ukraine's grid - Energoatom

Ukraine said its Zaporizhzhia nuclear power plant was disconnected from the Ukrainian grid for the first time ever on Thursday, fueling fears of a possible mishap at Europe's largest nuclear facility that is now under Russia's control.

Evening Standard

North Sea oil giant’s huge profit set to fuel fresh row

Hike just hours ahead of announcement of unprecedented rise in domestic gas and electricity bills

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Rafael Mariano Grossi

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