The Latest Breaking News from Energy

Thursday's Q+A panel was unanimous in its support for Labor's elaborate plan on re-wiring the energy grid and hoped the current crisis would create political will for a massive shift in how the country's energy market works.

On Thursday Anthony Albanese and Energy Minister Chris Bowen formally updated Australia’s international commitment for its proposed climate change action. It’s now a 43% reduction in emissions by 2030, in line with the policy Labor took to the election.

The Energy Policy Administration Committee (Epac) has decided to have the price of liquefied petroleum gas (LPG), which is used as household cooking gas, gradually increase over the next three months.

Experts say the state's brown coal reserves could provide a "safety net", but ageing power plants and instability from the interconnected national energy market may still pose a threat.

Anthony Albanese's government is monitoring the energy situation closely to determine what changes need to be made to improve how the market operates.

Lebanon’s caretaker energy minister on Wednesday extended the licensing deadline for oil and gas companies to explore in the country’s territorial waters until mid-December, to give more firms the chance to bid, state-run news agency reported. The decision by the minister, Walid Fayyad, to extended the deadline of the second…

Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.

South Australia's energy minister says the national energy market is "broken" but it's "unlikely" the state will suffer any blackouts after warnings of power uncertainty across Australia.

The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

A new proposed regulation from the Department of Energy would effectively require homeowners to shift to more expensive, more efficient condensing gas furnaces.

Lebanon is preparing to offer a compromise to US energy envoy Amos Hochstein to resolve a dispute with Israel over maritime gas resources, three Lebanese officials with knowledge of the negotiations told Reuters. Hochstein landed in Beirut on Monday at the invitation of the Lebanese government, which had objected to…