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The Latest Breaking News on Energy

Utility: Guarantee for large offshore wind farm 'untenable'

Dominion Energy Virginia says a ratepayer protection that state regulators included in a recent order approving the utility's application to build and recover the costs of a massive offshore wind farm will lead to the termination of the project

The Independent UK · Aug 23, 2022

2 Oil Stocks Investors Might Want to Load up on This Fall

Gas-to-oil switching and soaring oil use for power generation are boosting oil demand. Moreover, OPEC might be planning a supply cut, which should drive prices higher. So, we think it could be wise to load up on oil stocks Marathon Oil (MRO) and Murphy Oil (MUR) this fall. Read more….

StockNews.com · Aug 23, 2022

Nicola Sturgeon chairs summit to demand action from Westminster on energy crisis

NICOLA Sturgeon chaired a summit on Tuesday at Bute House to discuss with energy firms what can be done to help households struggling…

The National (Scotland) · Aug 23, 2022

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Biggest seismic testing for oil and gas at odds with Australia’s net zero push, activists say

Environmentalists condemn ‘outrageous’ testing plans in Otway Basin off coast of Victoria, Tasmania and South Australia

The Guardian - AU · Aug 23, 2022

Inflation Reduction Act Has Tax Benefits for Clean Energy -- Should You Buy These 2 Fuel Cell Stocks?

The Inflation Reduction Act was signed into law recently and is the most meaningful climate bill in the United States. It has allocated substantial funding to combat climate change and transition to sustainable energy and should bode well for fuel cell stocks. So, is it the right time to invest…

StockNews.com · Aug 23, 2022

Editorial: Red tape holding up renewable energy projects

Democrats at the state and national levels have embraced a slew of deadlines to hasten their goal of a renewable energy future. Nevada, for instance, seeks to produce 50 percent of its energy from green sources by 2030 and to be fully converted by 2050.

Tribune News Service · Aug 23, 2022

Throwing the switch on Scotland’s largest offshore windfarm

A rare bright spot for the UK’s energy supply as Seagreen’s £3bn project begins generating power

The Guardian - UK · Aug 23, 2022

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Sturgeon tells UK Government not to wait for new PM to act on energy bills

The Scottish First Minister insists there is ‘no time to wait for the outcome of a Tory leadership election’.

The Independent UK · Aug 23, 2022

Nicola Sturgeon declares 'public emergency' over cost of living crisis after meeting with Scottish power companies

The First Minster renewed calls for a price freeze ahead of the new energy cap being announced on Friday.

Daily Record · Aug 23, 2022

Xinjiang Goldwind Sees Lull in Latest Quarter on Maturing Wind Power

Key Takeaways • Xinjiang Goldwind reported second quarter revenue of $1.48 billion, down 9% from a year earlier

Benzinga · Aug 23, 2022

Greece: 1.9 billion-euro subsidy for September power hikes

Greece's environment and energy minister has announced a 1.9 billion-euro ($1.89 billion dollar) subsidy for September to help households and businesses cope with increasing electricity prices

The Independent UK · Aug 23, 2022

Scotland's biggest offshore wind farm starts producing energy

THE largest offshore wind farm in Scotland has started producing energy.

The National (Scotland) · Aug 23, 2022

German gas storage 80% full, progresses despite Russian cuts

Germany’s gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine

The Independent UK · Aug 23, 2022

Energy bills set to surge past £6,500 in April in highest forecast yet

Ofgem’s cap could surpass £5,000 in January, Auxilione says after spike in gas prices

The Independent UK · Aug 23, 2022

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The Guardian - UK · Aug 23, 2022

Thicker jumpers and new shower heads: six ways to reduce gas consumption

How households can save on gas, from fitting more efficient shower heads to delaying switching on the heating

Insider UK · Aug 23, 2022

Offshore application submitted for Scottish floating wind project

Meanwhile, Scotland’s largest offshore wind farm begins to produce its first power

The Guardian - UK · Aug 23, 2022

Just Stop Oil activists stage protests at Essex and Midlands terminals

Essex police arrest 18 people at three locations as protesters try to disrupt distribution of fuel

The Independent UK · Aug 23, 2022

Cost of living: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

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Asharq Al-Awsat · Aug 23, 2022

US Official: Iran Has Dropped Some Main Demands for Nuclear Deal

Iran has dropped some of its main demands on resurrecting a deal to rein in Tehran's nuclear program, including its insistence that international inspectors close some probes of its atomic program, bringing the possibility of an agreement closer, a senior US official told Reuters on Monday. The official, speaking on…

The Times of India · Aug 23, 2022

European buyers are snapping up most Russian crude since April

Russia’s crude shipments surged last week, recovering almost all of the previous slump. Seaborne exports to European buyers rose to the highest level since April, as some refiners continue to process barrels, even after Moscow’s invasion of Ukraine.

The Independent UK · Aug 23, 2022

Cost of living - latest: Sunak warns ‘millions face destitution’ at Birmingham hustings

Ministers looking at plan for state-backed deficit fund to pay for energy bill price freeze

The Independent UK · Aug 23, 2022

Gloomy forecast sets energy bills at £6,500 from April as gas prices spike again

Prices soared on Monday after Russia announced it was shutting the Nord Stream 1 pipeline for three days of maintenance.

The Guardian - UK · Aug 23, 2022

National Grid extends annual gas shortage drill amid winter supply fears

Drill, which involves deciding which customers would have to cut gas use in a crisis, will run for four days instead of two

The Independent UK · Aug 23, 2022

UK scales up emergency exercise to prepare for possible energy shortages

As energy boss warns consumers face a ‘dramatic’ winter

The Guardian - UK · Aug 23, 2022

Energy use is a ‘decision for individuals’ insist No 10 and Truss allies

Senior Tories rule out asking households to reduce energy use despite planning for winter blackouts

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