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The Latest Breaking News on Energy

Labor to back new fossil fuel projects that ‘stack up’ economically and environmentally

Resources minister praises gas industry as ‘ally’ of renewable energy and says she will work with states and territories to encourage new supply

The Guardian - AU

Cheaper, Changing and Crucial: The Rise of Solar Power

Generating power from sunlight bouncing off the ground, working at night, even helping to grow strawberries: solar panel technology is evolving fast as costs plummet for a key segment of the world's energy transition. The International Energy Agency says solar will have to scale up significantly this decade to meet…

Asharq Al-Awsat

Senex Energy announces plans for a $1 billion expansion of its Surat Basin gas project

Advocates of a $1 billion expansion of Senex Energy's Surat Basin gas development say the "mostly domestic" supply will reduce energy prices in coming years, but not everybody is convinced.

ABC News

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Santos takes ownership of Hunter Gas Pipeline to get Narrabri gas to domestic market

The energy giant has taken ownership of a company with approval for a pipeline which Santos needs to get its gas from Narrabri into the domestic market.

ABC News

Thursday briefing: The weeks that could decide fate of Ukraine conflict

In today’s newsletter: Nearly half a year into the war, and with no end in sight, the coming months could be crucial – foreign correspondent Luke Harding explains why

The Guardian - UK

Energy firm Santos buys Hunter Gas Pipeline from Hilton Grugeon and other owners

Big payday as Hunter Gas Pipeline shareholders cash out to Santos

Newcastle Herald

Rinehart-backed joint venture pledges $1bn gas expansion but hurdles remain

Senex Energy says extra fuel will be for domestic use but plans are yet to secure state or federal environmental approvals

The Guardian - AU

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'Shameful' tax loophole which benefits oil giants must be closed, demands Labour

Shadow Chancellor Rachel Reeves has revealed how oil companies get over 90p of every £1 invested in the North Sea back as a tax break.

Daily Record

Federal government will cover cost of connecting massive new Queensland wind farm to national grid

Federal Climate Change Minister Chris Bowen says the deal will increase renewable supplies to the east coast and put "downward pressure" on energy prices.

ABC News

MP: Hydel units at 41% capacity, losses mount

BHOPAL: Madhya Pradesh received bountiful rain this monsoon, but hydel power units — one of the clean, green source of power — have failed to step up generation.

The Times of India

Demand destruction the new buzzword

On Feb 23, a day before Russia invaded Ukraine, the world crude oil price was US$90.60 (3,221 baht) per barrel. Russian oil supply disruption and demand recovery from Covid-19 dragged the crude oil price to almost $120 at the end of May, after the US and European central banks sent…

Bangkok Post

Gas users and experts call for federal crackdown on east coast 'gas cartel'

Surging gas prices are putting a strain on Australian businesses that are calling for governments to step in and take action.

ABC News

The US has finally passed a huge climate bill. Australia needs to keep up

If politics moves slowly, climate politics often feels like it doesn’t move at all.

The Conversation

Hundreds join anti-Gazprom protest in Bulgarian capital

Hundreds of Bulgarians have taken to the streets of the capital Sofia, voicing fears that the country’s caretaker government could break with the policies of its pro-Western predecessor and revert to close energy ties with Russia

The Independent UK

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Newcastle Herald

Bowen says Kurri green hydrogen project will be delivered on time and on budget

Energy minister Chris Bowen said he was confident that the gas-fired Hunter Power Project would be able to be converted to green hydrogen for $700 million.

Daily Mirror

Supermarkets slammed for not passing on fuel price cut to struggling customers

Tesco, Asda, Sainsbury's and Morrisons are presumed to be among the biggest retailers who have failed to cut fuel prices despite a "significant" drop in wholesale costs

Irish Mirror

Government 'doing everything' it can to avoid blackouts this winter

The Single Electricity Market Operator (SEMO) issued am amber alter on Wednesday morning, stating it was due to a 'generation shortfall in Ireland'

Dublin Live

Eirgrid issues system alert for Ireland's electricity supply for second day in a row

There is an increased risk to the system this winter

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AAP

Deal to connect Qld wind farms sooner

The federal government will cover the $160 million cost of connecting one of Australia's largest wind energy projects to the grid.

The Guardian - AU

Energy ministers’ reforms to Australia’s electricity market could be path to a carbon price, experts say

Federal, state and territory ministers are set to make emissions reduction a priority for the national electricity market

The Guardian - AU

Australian electricity companies not reducing emissions in line with Paris agreement goals, study finds

AGL, EnergyAustralia and Origin among businesses study says not on track to meet global climate goals to limit heating to well below 2C

The Guardian - UK

UK ministers row back from extending windfall tax on energy firms

Liz Truss and Kwasi Kwarteng make clear they do not support idea briefed by Treasury sources on Tuesday

Evening Standard

UK winter blackouts: When could they happen and how long would they last?

Households could lose power for up to three hours at a time in the worst-case scenario.

The National (Scotland)

Scottish Government 'monitoring' risk of winter blackouts and energy supply issues

THE Scottish Government is "monitoring" the risk of power blackouts and energy supply issues, The National can reveal.

The Independent UK

Energy boss adds to calls for Sunak, Truss and Johnson to come together on bills

Energy bosses are expected to meet with ministers on Thursday.

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