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The Latest Breaking News from Energy

Plan aims for 50% renewable by 2050

The government looks set to create a new national power development plan to increase the proportion of renewable energy used to generate electricity to 50% of all energy types by 2050.

Bangkok Post

More subsidies coming as oil crisis hits poor

The government plans to roll out measures including additional subsidies on liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) to help alleviate the impact of soaring energy prices on low-income earners.

Bangkok Post

Lebanon Cabinet Approves Electricity Reform Plan

Lebanon's Cabinet on Wednesday approved a plan to reform and restructure the country's crippled electricity sector, a main condition of Western donors and the World Bank to provide financing for regional deals to increase the country's power supply. Al Jadeed TV reported that the Cabinet had endorsed the plan with…

Asharq Al-Awsat

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Thailand seeks more LNG supply

A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar.

Bangkok Post

Taoiseach warns Government can only do so much to help spiralling energy costs

He said the Irish Government can only do so much to help people with the spiralling costs and can’t continue to hand out financial support packages to ease the burden

Irish Mirror

Petrol prices will be pushed up by new minimum fuel stock laws, according to watchdog, but Minister disagrees

From July the federal government will require fuel importers to maintain minimum levels of petrol, diesel and jet fuel — but despite advice from his own department, the Energy Minister denies it will push petrol prices up further.

ABC News

Panasonic Energy CEO Shares Info About Tesla's 4680 Battery Cells

Tesla is making its own 4680 cells, and it plans to expand as Giga Texas officially opens. However, it will need to lean on companies like Panasonic to keep up.

InsideEVs

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New Zealand cutting fuel tax, bus fares

Jacinda Ardern says a "wicked perfect storm" is fueling energy price growth in New Zealand and has announced a tax cut to help struggling Kiwis.

AAP

US Accuses Russia of Violating Nuclear Safety Principles in Ukraine

The United States on Friday accused Russia of violating nuclear safety principles in Ukraine and demanded its invading forces stop firing on nuclear power plants, but added that there were no signs detected yet of any radiological release. US Energy Secretary Jennifer Granholm said in a Twitter post that radiation…

Asharq Al-Awsat

US accuses Russia of violating nuclear safety principles in Ukraine

The US Energy Secretary says she is concerned by the lack of data from safeguard monitors at two Ukrainian nuclear power plants now under Russian control, but says there are no signs of radiological release.

ABC News

Commentary: What’s driving up gas prices – and why the White House won’t help

When a news anchor confronted Energy Secretary Jennifer Granholm about high gasoline prices and asked about the Biden administration’s plan to increase oil production in America, she burst into laughter. “That is hilarious,” she said.

Tribune News Service

Fuel stockpile raised as crisis continues

The government has instructed oil companies to extend the stockpiling of the country's oil reserves from 60 to 70 days to help offset any future oil crisis, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Thursday.

Bangkok Post

Oil Fund borrowing limit to rise

The National Energy Policy Committee (NEPC) has resolved to lift borrowing limits of the state Oil Fund to allow for management flexibility and approved guidelines to address surging fuel prices.

Bangkok Post

Fracking could start in Tory manifesto breach as PM reviews 'all options' in Ukraine war

Boris Johnson was elected on a pledge to keep fracking banned - but Downing Street today refused to rule out breaking it as he looks at ‘all options’ in a Ukraine-Russia energy crisis

Daily Mirror

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Bangkok Post

Loans capped for Oil Fund to be lifted

The National Energy Policy Committee (NEPC) on Wednesday resolved to remove the 40-billion-baht cap on loans to support the Oil Fund in the wake of the Russian invasion of Ukraine.

Daily Mirror

Chernobyl nuclear power plant suffers 'complete blackout' as fears grow over site

People in the region have been left horrified after Ukraine's national nuclear energy company says the lack of power at Chernobyl risks sending radioactive substances into the air

Reuters

Ukraine does not know what's happening at occupied nuclear plants, says energy minister

The Ukrainian authorities do not know what the radiation levels are at Chernobyl nuclear power plant, as they have not heard about what is happening there since it was seized by Russian troops, Energy Minister Herman Halushchenko said on Wednesday.

Asharq Al-Awsat

Turkey Has No Plans to Cut Russian Oil Buys, Welcomes Iran Supply, Says Minister

Turkey will continue to buy Russian oil and hopes sanctions on Iran are lifted, bringing additional supplies to meet global demand, Energy Minister Alparslan Bayraktar said on Tuesday. Turkey relies on Russia for 45% of its natural gas demand, 17% of oil and 40% of its gasoline, he said in…

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Bangkok Post

Energy costs prompt crisis talks

The National Energy Policy Committee (NEPC) will on Wednesday discuss measures to deal with soaring energy prices, including efforts to maintain the cap on diesel prices at below 30 baht a litre.

The Independent UK

Michael Matheson: Scotland can ‘easily’ replace Russian gas with other imports

The Energy Secretary said the country’s energy supply was secure and not reliant on Russia.

Daily Record

Boris Johnson backs away from Putin oil sanctions as Scots Tory calls for fracking re-start in UK

As the Prime Minister revealed he would set out an energy strategy, meaning more oil drilling and more nuclear power, former Scottish Secretary Michael Forsyth called for fracking to be considered in the mix

The Hindu

Sreedhar takes over as Energy Secretary

AP-Genco Managing Director B. Sreedhar assumed the full additional charge as Secretary of the Energy Department and CMD of AP-Transco at Vidyut Soudha here on Friday, consequent to the deputation of N. Srikant to the Union Cabinet Secretariat.

Reuters

France activates crisis cell at ASN nuclear watchdog after fire at Ukraine nuclear plant

France has activated the crisis cell at its ASN nuclear watchdog body after an earlier fire at the Zaporizhzhia nuclear plant in Ukraine, French Energy Minister Barbara Pompili said on Friday.

Reuters

Ukraine nuclear reactors being safely shut down - U.S. energy official

U.S. Energy Secretary Jennifer Granholm said on Thursday the reactors at Ukraine's Zaporizhzhia nuclear power station "are protected by robust containment structures and reactors are being safely shut down".

Benzinga

Russian Oil Trade In Limbo - Threatening Global Supply

Despite efforts by Western countries to spare the energy sector from economic sanctions against Russia, the country’s oil supply has been left hanging in the balance as importers — including those in the US — put orders on hold as they seek other sources, potentially threatening the global energy supply.

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