The Latest Breaking News from Gas Prices

In the 1970s, the UK government used a series of planned blackouts to manage energy shortages. The result was a three-day week for commercial use of electricity, with work and leisure often happening by torch or candlelight. Without widespread demand reduction to tackle the impact of high gas prices, European…

The costs of energy have dramatically jumped across Australia as war and shortages make themselves felt globally but WA has been spared the shock

Operator Energoatom says last transmission line cut because of a fire caused by shelling; EU and Ukraine sign aid deal

1,200 km gas link was due to reopen on Saturday

Europe faces massive increases in energy bills driven by rocketing gas prices as the Ukraine conflict and European sanctions on Russia heighten concerns over gas supplies.

Chancellor Olaf Scholz says country ‘will get through this winter’ as he accuses Russia of breaking contract

Avoiding a significant gas supply emergency this winter will require the continued flow of some Russian gas to Europe

Russia kept one of its main gas supply routes to Europe shut on Saturday, stoking fears of winter fuel shortages and spotlighting differences between Gazprom and Germany's Siemens Energy over repair work on the pipeline. Already struggling to tame soaring gas prices, European governments had expected the Nord Stream 1…

As ordinary French people fret over the rising cost of living, the government is under pressure to levy a windfall tax on energy firms that have reaped the benefits of higher oil and gas prices pushed up by the war in Ukraine. While the government is divided, PM Elisabeth Borne…