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The Latest Breaking News from Energy

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

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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

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.

Roll Call

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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.

International Business Times

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.

AAP

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.

Evening Standard

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.

Kiplinger

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 ...

The National (Scotland)

Cuba Recovers From Flooding And Nationwide Blackout

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

Top News

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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.

Latin Times

GOP Lawmakers Allege Biden Admin Hid Study on Natural Gas Exports to Push Anti-Fossil-Fuel Agenda

Government Accountability & Oversight attorney Chris Horner labeled the Department of Energy's actions as a "full-blown scandal"

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Roll Call

Energy grants aim to harden grid against events like Helene, Milton - Roll Call

The Energy Department on Friday announced $2 billion in grants to grid projects intended to mitigate extreme weather and increase capacity.

AAP

Back on track for clean energy overhaul, investors told

A jolt of investor interest has put Australia back on track for 82 per cent renewable energy in the electricity grid by 2030, Energy Minister Chris Bowen says.

Barchart

Nuclear Stocks Go Nuclear as AI Data Centers Power Up

Nuclear power has long been on the decline, with its share of the world’s electricity generation down from 18% in the mid-90s to 9% today. But now, companies like Amazon and Google are investing into firms that are building the next generation of small nuclear reactors. This has sent nuclear…

PC Gamer

Amazon follows Google's lead to invest in small nuclear reactors, making for a headline that feels dreamt up in the '50s

I'm not really feeling this energy.

The National (Scotland)

Ian Murray: UK Government 'can't guarantee new job for every Grangemouth worker'

THE UK Government cannot guarantee a new job for every worker who could be laid off when the Grangemouth refinery closes next year, the Scottish…

Tom’s Hardware

Amazon jumps on nuclear plant investment bandwagon — taps energy companies to power AI data centers

Amazon invests in three energy entities to help develop small modular reactors that will increase power production.

TechRadar

The return of the nuclear age — Amazon reveals it is also investing in nuclear energy

Energy-hungry data centers are threatening Amazon’s sustainability work, but it hopes nuclear could help.

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