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The Latest Breaking News from Energy

Crude Prices Finish Higher on Dollar Weakness

April WTI crude oil (CLJ25 ) Friday closed up +0.68 (+1.02%), and April RBOB gasoline (RBJ25 ) closed up +0.0075 (+0.36%). Crude oil and gasoline prices posted moderate gains on Friday. Friday's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, comments...

Barchart

Putin Wastes No Time Launching 'Massive Attack' On Ukraine Infrastructure After Trump Claimed Kremlin 'Ready For Peace'

Energy Minister Herman Galushchenko said Ukraine's infrastructure is under a "massive missile and drone shelling" attack

Latin Times

Russia launches ‘massive missile and drone’ attack on Ukraine energy plants

Officials say Russia targeted Ukraine’s energy infrastructure in a large-scale missile and drone bombardment during the night

The Independent UK

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Trump's interior and energy secretaries cheer on natural gas export industry in Gulf Coast

The planned expansion of a massive liquified natural gas facility in southeast Louisiana is a beacon for U.S. energy policy, according to two members of President Donald Trump's cabinet who spoke to workers there

The Independent UK

South Africa, Indonesia Say US Withdrawing From Climate Finance Deal

The United States has pulled out of a climate funding deal struck by rich nations to help their developing counterparts transition to clean energy, the programme's first beneficiary South Africa and Indonesia said Thursday.

International Business Times

Government announces plans to axe oil and gas windfall tax in 2030

Ministers will consult with North Sea businesses, trade unions, workers, green groups and communities over plans for the energy sector’s future.

Evening Standard

Speaker Mike Johnson's Diverse Guest List For Trump's Address

Speaker Mike Johnson's diverse guest list for Trump's address includes border security advocates, energy industry representatives, and individuals impacted...

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Energy Secretary Chris Wright Discusses Cabinet Meeting And Efficiency

Energy Secretary Chris Wright discusses collaborative efforts with Elon Musk to enhance government operations and align practices with business principles.

Top News

Trump Shifts Security Responsibility To Europe For Ukraine

President Trump suggests European nations take on security guarantees for Ukraine, focusing on economic benefits and strategic partnerships.

Top News

Half a million more London families in line for £150 energy bill discounts

Cost of scheme could add £15 to average household bills next winter

Evening Standard

US Energy Secretary Advocates For Nuclear Power In AI Race

U.S. Energy Secretary highlights nuclear power's importance for AI technology advancement and energy sector growth.

Top News

US energy secretary touts nuclear power as tech sector's thirst for electricity grows

U.S. Energy Secretary Chris Wright says it's critical that the nation be out in front when it comes to artificial intelligence

The Independent UK

Group planning 10 wind farms across Wales gets £600 million investment

Bute Energy is developing the projects across Wales, which bosses hope will generate enough power for 2.25 million homes.

Evening Standard

Household energy bills rising from April as millions more to gain £150 discount

Around 2.7 million extra households would be eligible for the £150 Warm Home Discount next winter under Government proposals announced on Tuesday.

Evening Standard

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The National (Scotland)

Scottish energy bills to rise in April following Ofgem price cap announcement

ENERGY bills for millions of households are to rise from April 1 when Ofgem increases its price cap for a third consecutive quarter.

The Independent UK

Energy bills to go up after third straight price cap rise - here’s what you need to know

The new price cap is set at £1,849 - it had been feared to be rising even further in April

Evening Standard

Millions more families would qualify for energy bill discounts in new proposals

The Government is consulting on offering more support to UK consumers in a bid to deal with an ‘unpredictable international energy market’.

The National (Scotland)

The wind energy supply chain is dramatically changing. A Scottish firm leads the way

"THIS is going to be one of the most dramatic developments in the wind industry. The whole supply chain is pivoting" ...

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The Texas Tribune

Companies are coming to Texas to develop a new generation of nuclear reactors

The state is aggressively pushing to deploy the next generation of atomic energy that would power big industrial operations.

Kiplinger

How to Invest in the Nuclear Revolution

Energy Secretary Chris Wright said the American nuclear renaissance must launch during President Trump's administration, and it appears to be happening

Evening Standard

Former Siemens boss appointed Great British Energy interim chief executive

Dan McGrail, the current chief executive of trade association RenewableUK, will work for the new publicly-owned clean energy company in Aberdeen.

The National (Scotland)

Renewables chief appointed interim head of Labour's Great British Energy

AN interim CEO for Labour’s Great British Energy has been appointed after difficulty in recruitment efforts.

Evening Standard

Ofgem reveals ‘low or no standing charge’ energy tariff plan to help cut bills

Standing charges are applied daily, regardless of how much energy the customer uses, and many campaigners say they affect vulnerable customers more.

The Independent UK

Ofgem energy price cap to rise to highest level since January 2024, final forecasts claim

Energy price cap forecast to rise for a third consecutive term in a blow to consumers

The National (Scotland)

Energy bills in Scotland expected to rise over the next three months

BILLS in England, Scotland and Wales are expected to increase by about £9 a month over the next three months, according to reports.

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