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The Latest Breaking News on Energy

Irish arm of Norway-owned energy firm Equinor Energy had nearly €290m profit in 2021 - and paid no corporation tax

The pre-tax profit of €289.8m follows pre-tax losses of €138.9m in 2020 - a positive swing of €428.72m

Irish Mirror

Morrisons announces 5p off every litre of fuel to store customers who spend £40

"Fuel prices are one of the biggest expenses people are facing"

Nottingham Post

In one tiny German town, nobody worries about energy bills

While Europeans watch their energy bills soar as the war in Ukraine drives up the price of natural gas, oil and electricity, the tiny German town of Feldheim has been energy self-sufficient for a decade

The Independent UK

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Companies using carbon credits to ‘cover their tracks’, says iron ore billionaire

Andrew Forrest urges businesses to aim for ‘real zero’ to reduce environmental impact

The Guardian - UK

EU energy chief calls for price cap on Russian gas

European Union energy commissioner Kadri Simson called on Thursday for the bloc to cap the price of Russian gas exports to Europe.

Reuters

Peak oil has finally arrived. No, Really

I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline.

Tribune News Service

Russia's nuclear trade with Europe flowing amid Ukraine war

European Union nations are continuing to import and export nuclear fuel that is not under EU sanctions on Russia

The Independent UK

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Why is Russia sending oil and gas workers to fight in Ukraine? It may signal more energy cutoffs ahead

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle.

The Conversation

Nicola Sturgeon challenges Labour to 'emulate' SNP policies amid energy company row

At the end of its party conference at the weekend, Labour announced plans for nationalised company Great British Energy

The National (Scotland)

UK energy firms to assess oil rig security after Nord Stream pipeline leak

MI5, Royal Navy and RAF could be called upon to provide support for industry if situation escalates

The Guardian - UK

Vladimir Putin's mouthpiece threatens to sabotage British undersea cables and pipes

Vladimir Kornilov, an RIA Novosti state news agency columnist, said: “Listen…if Russia decided to show what it is capable of, it would choose all sorts of objects near Britain"

Daily Mirror

Government’s own maths says runaway energy bills about to get much worse – why not act?

Runaway energy bills a sign of the cost of government inaction as prices soar, although they could be reined in with simple regulation.

The New Daily

$‘It sounds like you don’t know’: Liz Truss falters on fracking consent question$

‘It sounds like you don’t know’: Liz Truss falters on fracking consent question

Asked what local consent looks like, PM hesitates and says she will make sure there is local consent

The Guardian - UK

Hungary cannot support any new EU energy sanctions against Russia - govt

Hungary cannot support the European Union's planned eighth round of sanctions against Russia over its invasion of Ukraine if those contain energy sanctions, Prime Minister Viktor Orban's chief of staff said on Thursday.

Reuters

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Al Jazeera

Nord Stream pipeline leaks are ‘catastrophic for the climate’

Methane leakage is likely to be biggest burst of the potent gas on record in one of the most polluted bodies of water.

Bangkok Post

Fourth leak detected in Russian gas pipelines

STOCKHOLM: A fourth leak has been detected in undersea gas pipelines linking Russia to Europe, the Swedish Coast Guard said Thursday, after explosions were reported earlier this week in what NATO called "reckless" sabotage.

Daily Record

New solar project to power 7000 homes

The 18MW Solar Farm will be located to the west of Kirknewton

Zenger

Air Pollution Worsens The Financial Damage Of Climate Change

Air pollution increases the financial damage of climate change by up to two-thirds, according to new research from the USA. The study revealed that in some cases, smog raises the social cost of carbon by as much as 66 percent.

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The Guardian - UK

Sweden reports fourth Nord Stream pipeline leak

Reports say largest rupture is causing circle of bubbles at Baltic Sea surface of about 900 metres in diameter

Birmingham Post

Further step taken towards Rough's return to gas storage to help ease energy crisis

Vital technical survey undertaken on huge North Sea asset controlled from East Yorkshire

The Guardian - AU

Amid rush to exit coal, AGL’s challenges are only just beginning

Energy retailer says it will need to find $20bn to meet its raised goal of adding 12 gigawatts of new wind and solar plants and storage by 2036

Liverpool Echo

Liz Truss 'taken apart' in BBC radio interview as she 'crumbles under pressure'

"No wonder she went into hiding. Astonishingly bad interview"

The Independent UK

4th leak reported on Nord Stream pipelines in Baltic Sea

A fourth leak on the Nord Stream pipelines has been reported off southern Sweden

Al Jazeera

Russia says Nord Stream pipeline leaks were in US zone

Moscow’s claims come as Sweden reports a fourth leak.

The Independent UK

Nord Stream: Fourth leak found in Russian gas pipeline

European officials say the leaks are a result of ‘sabotage’

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