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The Latest Breaking News from Energy

Financial statements from Grangemouth owner give ‘distorted picture’, says union

Unite Scotland’s regional secretary Derek Thomson made his comments as he appeared before Holyrood’s Economy and Fair Work Committee.

The Independent UK

Albanese government gives firm ‘no’ to joining UK-US agreement to advance nuclear technology

The Albanese government has been put on the spot by a new agreement – which it has declined to join – signed by the United Kingdom and the United States to speed up the deployment of “cutting edge” nuclear technology.

The Conversation

Chris Wright: Trump's Pick For Energy Secretary

Learn about Chris Wright, Trump's nominee for Energy secretary, known for supporting fossil fuels and 'energy dominance' vision.

Top News

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Trump nominates climate change sceptic Chris Wright as energy secretary

Chris Wright, a fracking magnate, has said ‘there is no climate crisis’ and champions fossil fuel production.

Al Jazeera

Donald Trump picks climate change sceptic Chris Wright as US energy secretary

Appointment of fracking chief follows Elon Musk and Robert F Kennedy being given top roles

Evening Standard

Donald Trump Boards 'Trump Force One' To New York For UFC 309 After Naming Energy Secretary

President-elect Donald Trump, following his announcement of Chris Wright as Secretary of Energy, attended UFC 309 at Madison Square Garden, highlighting his enduring connection with both politics and pop culture.

International Business Times UK

Trump Nominates Fracking Magnate, Climate Skeptic Chris Wright As Energy Secretary

'There is no climate crisis,' Liberty Energy founder has declared

International Business Times

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Austria Secures Alternative Gas Supply Amid Gazprom Cutoff

Gazprom ceases gas supplies to Austria as OMV stops payments, leading to energy security concerns.

Top News

Energy projects in developing countries to receive £79m in UK climate finance

The money comes under the UK’s existing pledge to spend £11.6 billion in climate finance over five years up to 2026.

The Independent UK

UK Government Announces Ban On New Coal Mines

The UK announced Thursday that it would introduce legislation to ban new coal mines, as the Labour government ramps up its plans to make Britain a clean energy leader.

International Business Times

Is Wall Street Bullish or Bearish on Coterra Energy Stock?

Coterra Energy has considerably underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

North Dakota Gov. Doug Burgum Considered For Energy Czar Role

North Dakota Governor Doug Burgum being considered for energy czar role in potential second term for President Trump. Uncertainty surrounds specifics of th...

Top News

Energy minister's court loss offers wind farm reprieve

An offshore wind farm developer has successfully challenged the federal energy minister's decision to deny it a licence for a major proposed project.

AAP

Households face more bill stress as energy prices rise

Energy debt is expected to escalate even more than anticipated, sparking a review of payment difficulty protections for households and small businesses.

AAP

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Roll Call

GOP wins put rollback of Biden energy policies in play - Roll Call

A comeback for President Donald Trump and GOP control of the Senate puts Biden climate and electric vehicle policy on the chopping block.

International Business Times

Saudi Aramco Says Quarterly Profit Drops 15% On Low Oil Prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

AAP

AusNet wants customers to pay for transition from gas

An energy provider has called on the regulator to approve a plan to make Victorian gas customers pay more to make up for those who have gone electric.

Evening Standard

Government defeats bid to make GB Energy prioritise cutting bills by £300

The Conservatives said it tabled the amendments in the Commons to ensure Labour delivers on its election promises.

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Kiplinger

Stock Market Today: Stocks Renew Rally Ahead of Mag 7 Earnings

The Dow Jones led the major indexes higher on the strength of old-school industrial stalwart 3M.

The National (Scotland)

SNP hail Labour reforms to Scottish planning laws on energy

REFORMS to energy planning rules aimed at accelerating new clean power developments have been unveiled by the Scottish and UK governments.

The National (Scotland)

GB Energy boss given office in England – despite pledge of Aberdeen headquarters

THE boss of Labour’s GB Energy will be based in England despite previous promises that it would be headquartered in Scotland ...

Top News

Cuba Recovers From Flooding And Nationwide Blackout

Tropical Storm Oscar aftermath in Cuba: flooding, blackout in Havana, energy crisis, and community resilience amidst challenges.

Evening Standard

Government advisers call for 81% cut in UK emissions by 2035

The Government is preparing to unveil plans for cutting emissions by 2035, under the global Paris Agreement to take action on climate change.

The Guardian - UK

Brexit has put £370m a year on price of power from EU since 2021, experts say

Trade body Energy UK also estimates total energy cost of leaving bloc could reach £10bn by end of decade

Evening Standard

Report suggests Reeves could announce plans to change Britain’s debt rules

The Chancellor will be looking to raise up to £40 billion from tax hikes and spending cuts in order to avoid a return to austerity.

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