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The Latest Breaking News on Energy

Greater Sunrise partners eye end to deadlock on new gas

Woodside Energy has committed to a new study on sending Greater Sunrise gas to Timor-Leste or Darwin for processing, in a move to end the deadlock.

AAP

European Union bans Russian diesel, oil products over Ukraine

Move comes after the bloc found new supplies of diesel from the US, Middle East and India to replace Russian energy.

Al Jazeera

British Gas is ready to bully beyond the grave

Brief letters: Death collection | State school success | Ballooning problem | Rose-tinted Brexit | Passport to the polls

The Guardian - UK

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Europe bans Russian diesel, other oil products over Ukraine

The European Union is launching its ban on imports of Russian diesel fuel

The Independent UK

Just Stop Oil protests cost the Metropolitan Police £7.5m

The force said the money ‘could have been better used’ tackling ‘priority crime’ in local communities.

The Independent UK

India's G-20 energy meet to balance renewables, fossil fuels

Over 500 energy industry heavyweights will descend on the southern Indian city of Bengaluru on Monday to discuss the future of renewables and fossil fuels at India Energy Week — the first big ticket event of the country’s presidency of the Group of 20 leading economies

The Independent UK

System operator predicts Bluewaters, Australia's newest coal-fired power plant will close by 2029

WA's only privately owned coal-fired power station to close "before 2030" under plans that would bring the curtain down on the fuel's use in the state's economy.

ABC News

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Iran and the West clash over IAEA report on Fordow nuclear plant

The latest row comes as the IAEA chief hopes for progress in a potential visit to Tehran in February.

Al Jazeera

Editorial: Big Oil reaps record profits while the planet burns. California should curb its greed

Chevron, Shell, Exxon Mobil and other oil companies made more money than ever in 2022, showing just how massive a windfall they reaped as surging gas prices made it a struggle for drivers to afford filling up.

Los Angeles Times

Prime Minister Anthony Albanese won't be drawn on the future of NSW PEP-11 gas project

On the campaign trail ahead of the NSW election, Anthony Albanese refuses to be drawn on the future of a gas licence after a decision to cancel it by Scott Morrison triggered legal action.

ABC News

Europe reaches deal for price cap on Russian diesel

European Union governments have agreed to set a $100-per-barrel price cap on sales of Russian diesel to coincide with an EU embargo on the fuel

The Independent UK

France approves study on extending nuclear reactors' life

France has approved looking into the possibility of extending the lifespan of nuclear reactors to 60 years and beyond if safety rules allow it, the French Presidency said.

Reuters

Renewables industry urges Chancellor to prioritise 'green growth' in Budget

Trade association leaders write open letter warning of the consequences of inaction

Insider UK

France's nuclear energy future tabled at Elysée Palace talks

Emmanuel Macron has convened a meeting with his nuclear policy advisors to keep up with the pace of the accelerated revival of the industry, coming one year after the French head of state announced the need for a new direction regarding atomic power in the face of energy and climate…

Radio France Internationale

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WEKU

Europe is set to ban Russian oil products, the latest strike on the Kremlin war chest

Starting Sunday, the EU will prohibit imports of Russian gasoline, diesel and other products from Russian refineries used throughout Europe.

The Guardian - UK

UAE oil company employees given roles in office hosting Cop28

Exclusive: at least 12 officials at body hosting Cop28 appear to have come straight from fossil fuel industry

The Guardian - US

The man in charge of how the US spends $400bn to shift away from fossil fuels

The Department of Energy’s loan programs office was ‘essentially dormant’, says Jigar Shah, its head – but now it’s ready to bankroll clean energy projects

France 24

Over 11,000 Nigerians file complaint against oil giant Shell over pollution

In tonight's edition: More than 11,000 Nigerians sue oil giant Shell over pollution, damage caused by oil spills and loss of livelihood. Also, we speak to Kyle Walter, Head of US Investigations at Logically, about Russia's social media campaign to push pro-Kremlin messages on the continent. Finally, South Sudan gears…

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The Independent UK

Shell company directors earned enough in 2021 to pay 390 nurses, as firm sees record profits

A look at those leading the oil and gas firm as it enjoys the largest profits in its 115-year-history

The Guardian - UK

Shell’s lack of ambition is maddening: it’s time to speed up transition to renewables

Even on the company’s broader metric, the greener stuff came out at only one-third of total expenditure

The Guardian - UK

Sizewell C nuclear plant will not harm the nature reserve next to it

Letter: Julia Pyke says the project is not ‘on top of’ the RSPB wetland reserve, and there will not take any land from it

Reuters

Micronesia says less afraid of release of Japanese nuclear plant water

The Pacific island state of Micronesia, one of the fiercest critics of a Japanese decision to release water from the destroyed Fukushima nuclear plant into the sea, said on Thursday it was no longer as worried about the plan as it had been.

Salon

Exxon reports record profits

The White House responds with renewed calls to boost production

The Independent UK

Rishi Sunak understands public anger over ‘extraordinary’ Shell profits, No 10 says

Shell should invest more of the money in the UK, Downing Street suggest

Axios

U.S. Permian Basin oil production — and profits — have surged

President Biden has been asking for more oil. Producers now think prices will be high enough for the next several years to justify it.

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