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The Latest Breaking News from Energy

Why Lose Money In A Bear Market? These Stocks Are Bucking The Trend In 2022

Contrary to 2021, when equity markets were in a bull run, 2022 has served as a not-so-gentle reminder that the stock market does not give free gifts. The macro attitude that is pushing the markets lower has been influenced by worries about a recession, geopolitical tensions, the energy crisis, and…

Benzinga

Government confirms £400 energy discount will be delivered in Northern Ireland

But the DUP and Sinn Fein have disagreed about when people could receive the discount.

The Independent UK

Cost of living: £400 energy discount 'to be delivered in Northern Ireland in November'

Minister Murphy said the £400 payment "will not be sufficient"

Belfast Live

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Energy price cap to rise more than 80% to £3,549 from October

Industry groups and opposition politicians call for immediate action to help consumers and businesses

Insider UK

George Skelton: Pour more money and planning into renewable energy — and keep Diablo Canyon running if needed

SACRAMENTO, Calif. — The dust-up at the state Capitol over nuclear power is the direct result of politicians either setting unrealistic goals or failing to plan — or both.

Los Angeles Times

Energy boss on £6m will get £770,000 payday in October as Brits' bills rocket

Linda Cook is benefitting from an £84m interim dividend announced by Harbour Energy today as its profits rose 1,100% to almost £1.3billion in the first half of 2022

Daily Mirror

Ukraine faces toughest winter yet, but gas reserve goal within reach

Ukraine faces its most difficult winter in modern history but should manage to reach a government goal of building 19 billion cubic meters (bcm) of natural gas reserves in time, Energy Minister German Galushchenko said on Thursday.

Reuters

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Felixstowe port disruption ‘could continue until Christmas’ says union – as it happened

Disruption at the UK’s largest container port could escalate until Christmas unless workers are given an improved pay offer, Unite boss says

The Guardian - UK

Cyprus says new gas discovery aids Europe's energy search

Cyprus’ Energy Ministry says a new gas discovery off the island’s southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon helps bolster Europe’s efforts to secure alternative energy sources

The Independent UK

Discounts on cooking gas and power tariff

The Energy Policy Administration Committee (Epac) on Monday agreed to extend a subsidy for cooking gas for social welfare beneficiaries and assistance for household electricity bills until the end of this year.

Bangkok Post

Andhra Pradesh: Energy demand likely to cross 250 MU per day after March 2023, says Minister

Minister Peddireddi asks power utilities to brace for the challenge

The Hindu

A news site with ties to the fossil fuel industry claimed Scotland axed 14 million trees to make way for wind farms. Is that correct?

The country's efforts to tackle climate change have been caught up in a fresh wave of misinformation about renewable energy, thanks to a news website with ties to the oil and gas industry.

ABC News

Granholm sees US gasoline prices dropping further, with caveat

U.S. Energy Secretary Jennifer Granholm said gasoline prices should fall further after dropping to less than $4 a gallon for the first time since March.

Tribune News Service

‘We’ve fixed it’: Bowen says of renewables transition but work on details continues

'We've fixed it,' says Chris Bowen, but the government is yet to reach a definitive answer on some of the key details relating to energy transition.

The New Daily

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Daily Mirror

Keir Starmer announces Labour plan to save families £1,000 on energy bills

Writing in the Sunday Mirror, he said a Warm Homes Plan would save 19 million families more than £1,000 off their energy bills

AAP

Ministers seek to boost winter gas supply

The energy minister has given the Australia Energy Market Operator the power to shore up domestic supply and added emissions reduction as a market target.

Daily Record

Energy bills could peak at £5,000 a year for households according to latest forecast

The cost of living crisis will deepen over the winter according to a new forecast as Boris Johnson is jogged into attending a meeting with energy companies.

Daily Record

Gordon Brown calls for energy firms to be nationalised if they fail to cut household bills

The former Prime Minister said urgent action was needed to meet the cost of living crisis that he compared to the 2008 banking crash.

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Newcastle Herald

Climate policy will make the Hunter a energy powerhouse: minister

The federal government's recently passed climate legislation would ensure regions such as the Hunter achieved a just and effective energy transition, Energy and climate change minister Chris Bowen has argued.

ABC News

Federal government declares Australia's first six offshore wind energy zones

Domestic offshore wind zones have been given the green light after the federal Energy Minister announced the location of the first of six sites.

Birmingham Post

UK Government funding for three biomass projects in Wales

£2.5m has been awarded to three projects in Wales in a bid to increase production of biomass to produce low-carbon energy

Bangkok Post

Fighting Thailand's energy price wars

State energy subsidies have assumed a prominent role in the Thai economy since the start of the Russia-Ukraine war in February.

Newcastle Herald

Renewables the key to energy crisis: AEMO Report

The Australian Energy Market Operator has called for an accelerated shift to wind and solar, supported by batteries, to help drive down skyrocketing power bills.

Liverpool Echo

Catalogue of errors that led to city council energy contracts mess

Mazars investigation has outlined where Liverpool Council went wrong

The Hindu

KPTCL has set up 1,850 km of transmission lines in last one year alone: Energy Minister

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