The Latest Breaking News from Energy

Minister issues hard 'no' on Russian diesel imports

Australia doesn't want or need imported Russian diesel despite a new supply deal between Moscow and the US, Energy Minister Chris Bowen says.

AAP · 21h ago

Earnings Preview: What To Expect From Expand Energy's Report

Expand Energy is expected to announce its third-quarter earnings soon, and Wall Street expects the company’s EPS to increase by double digits.

Barchart · Oct 8

Aging Coal Plants Turn Into a Midterm Fight Over Energy Costs

The Trump administration says the plants are vital for grid reliability. Utilities, states and ratepayers are challenging the orders and candidates are turning the costs into a campaign issue.

Capital & Main · Oct 7

US Dept of Energy announces up to $4.2 bn financing for nuclear upgrades in Pennsylvania, Ohio

The US Department of Energy has made a conditional loan commitment of $4.2 billion to Vistra. This funding will finance upgrades at nuclear power plants located in Pennsylvania and Ohio. The planned projects aim to increase total nuclear capacity by 433 megawatts while extending reactor operations by 20 years. The…

The Economic Times · Oct 6

Britain’s energy watchdog Ofgem appoints Tim Jarvis as permanent boss

Mr Jarvis had been the regulator’s interim boss since March and will now take on the position on a permanent basis.

Evening Standard · Oct 5

Michigan farmers created wind leases paying landowners without turbines $1,000 an acre

Michigan farmers found a way to make wind development pay beyond the properties where turbines were actually placed. In Isabella County, farmers worked together to create a lease that shared part of the revenue across participating landowners, meaning a farmer could receive a payment even without hosting a turbine. The…

The Times of India · Oct 3

G7 fuel release won't really help us, minister says

Energy Minister Chris Bowen has welcomed a Group of Seven nations' decision to release additional fuel reserves but says Australia won't really benefit.

AAP · Oct 3

The EU Is Reportedly Discussing Releasing Diesel Stocks Over U.S. Pressure. Oil Prices Are Falling.

The proposal calls for European countries to release 50 million barrels and International Energy Agency members to release another 50 million.

International Business Times · Oct 2

U.S. Pressuring France And Germany To Release Diesel Stocks. A Retaliatory Export Ban Is Reportedly On The Table.

Global diesel markets remain tight and U.S. prices stay well above year-ago levels.

International Business Times · Oct 1

‘Releasing strategic reserves is a possibility,’ EU energy chief tells Euronews as diesel squeeze bites

Member states are discussing a coordinated release through the IEA, as the US pressures Europe to put more oil on the market. The Energy Commissioner told Euronews that Brussels can help coordinate the effort.

Euronews · Oct 1