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The Latest Breaking News on Energy

How the UK Is Winning the Race against Climate Change

While Canada has fumbled every climate promise, the UK has been hitting its emissions targets. What would it take to catch up?

The Walrus

Power station owner Uniper posts £10bn loss as gas shortages bite

German energy firm, which operates many UK power stations, has been bailed out by federal government

The Guardian - UK

Court throws out decade-long legal fight over Laos dam

A top court in Bangkok on Wednesday dismissed a lawsuit seeking to halt purchases of electricity by the country from a hydropower dam in neighbouring Laos over environmental concerns, bringing an end to a decade-long legal battle.

Bangkok Post

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Electric cars to solar panels: tax breaks in Biden’s climate law for Americans

The giant $369bn bill signed by the president on Monday promises to bring big savings by offering tax rebates for green investments

The Guardian - US

I asked E.ON for a fixed price energy tariff and was shocked by the response

I never thought I would be in a situation where I am paying more than £3,000 for the basic necessities that are needed to live.

Manchester Evening News

Our politicians are ducking the hard truths of this energy crisis

Whatever you think of the various proposals to deal with the energy crisis, one fact stands out beyond all others. As a nation, we are worse off. Natural gas prices are eight times higher than they were at the beginning of 2021. Much of the increase occurred before Vladimir Putin…

Evening Standard

The cheapest petrol stations in every Scots city as prices fall below 175p per litre

Here are the five current cheapest garages for petrol and diesel in every Scottish city.

Daily Record

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‘India is buying Ukrainian blood by purchasing Russian crude oil’: Foreign Minister Dmytro Kuleba

Ukraine expected more practical support from India, said Foreign Minister Dmytro Kuleba

The Hindu

China and US Spar over Climate on Twitter

The world's two biggest emitters of greenhouse gases are sparring on Twitter over climate policy, with China asking if the US can deliver on the landmark climate legislation signed into law by President Joe Biden this week. After Congress passed the bill last Friday, US Ambassador to China Nicholas Burns…

Asharq Al-Awsat

Energy bills could rise even higher to £5,600 by next April in latest forecast from industry experts

The latest figures also indicate that gas and electricity bills won’t start to come down until later on in 2023.

Daily Record

Santos profit rises three-fold amid energy insecurity as calls for windfall tax intensify

Greens say 300% increase in profits shows Australia is ‘being taken for a ride’ while other activists claim company is ‘burning our long-term future’

The Guardian - AU

Scottish off-grid homes will benefit from Labour plans to freeze energy price cap

Shadow chancellor Rachel Reeves confirmed that Labour's £29 billion plan will reach households that rely on heating oil or gas tanks instead of being connected to the main supply.

Daily Record

Editorial: 10 more years of nuclear power? Gov. Newsom needs to make the case

With only a few weeks left before state lawmakers adjourn for the year, Gov. Gavin Newsom is making a last-minute push to extend the life of California’s last nuclear plant.

Los Angeles Times

Chinese factories close as drought hits hydropower

Shutdowns add to economic strains as President Xi Jinping gears up to extend his time in power.

Al Jazeera

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The Hindu

India has never been defensive about stand on buying Russian oil: S. Jaishankar in Thailand

‘I have a country that has a per capita income of two thousand dollars. These are not people who can afford higher energy prices,’ says External Affairs Minister

Asharq Al-Awsat

Riyadh, Tashkent to Expand Cooperation in Tech, Petrochemical Industries

Ahead of the visit of Uzbek President Shavkat Mirziyoyev to Saudi Arabia, the embassy of Uzbekistan in Riyadh expected a rapid and dynamic development of bilateral cooperation between the two countries. Cooperation is expected in the fields of energy, information technology, telecommunications, health, biotechnology and agriculture, in addition to forestry,…

Reuters

China's Sichuan limits power to homes, offices amid extreme heat

China's southwestern province Sichuan began limiting electricity supply to homes, offices and malls on Wednesday, due to a severe power crunch driven by extreme heat waves and drought, according to state media and one power company.

The Conversation

Scott Morrison's veto of a gas-drilling plan off Sydney was strange – but it should not be overturned

Federal parliament has been rocked by extraordinary revelations that Scott Morrison secretly assumed control of numerous ministries, including the resources portfolio, in the last term of government. The then prime minister went further and used his new powers to knock back a gas-drilling proposal off the New South Wales coast.

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The Independent UK

Chinese factories close as drought hurts hydropower

Factories in China’s southwest have shut down after reservoirs used to generate hydropower ran low in a worsening drought, adding to economic strains

ABC News

What major project declaration means for Tasmania’s multi-billion-dollar North East Wind plan

The multi-billion-dollar North East Wind project has been given a helping hand by the state government, but what is the plan?

The Guardian - UK

Green party calls for nationalisation of big five energy firms

Greens also want energy price cap rolled back to last autumn’s level, part-funded by taxes on rich people

AAP

Santos rejects ACCC gas shortage fears

Santos boss Kevin Gallagher has dismissed fears of an east coast gas shortage next year, and warned of concern among LNG customers and investors in Asia.

Reuters

Venezuela to support reconstruction of Cuban port damaged by oil fire

CARACAS - Venezuelan President Nicolas Maduro said on Tuesday that Venezuela would support Cuba in the reconstruction of its only supertanker port in Matanzas, which was partially destroyed by a fire after lightning struck one of the its crude tanks.

Los Angeles Times

California power grid officials issue Flex Alert for Wednesday amid heat wave

LOS ANGELES — Amid a heat wave that could push temperatures to 110 degrees in some areas of California, power grid officials issued a statewide Flex Alert for Wednesday.

AAP

Santos profit triples on gas, oil bonanza

Santos has reported record production, earnings, and cashflow and hiked its dividend as the gas company benefits from increased demand and supply shortages.

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