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The Latest Breaking News on Energy

Russia says it will not resume gas supplies to Europe unless sanctions are lifted

Kremlin spokesman Dmitry Peskov blamed the “collective West” for its decision to shut down flows through the Nord Stream pipeline

Evening Standard

EU gas price skyrockets as Russia shut down major Nord Stream pipeline

News of the pipeline’s indefinite closure on Friday caused the euro to sink below the dollar to $0.99 on Monday — its lowest level in 20 years

Irish Mirror

‘Winter is coming’: Iran tempts Europe with promise of cheaper gas in exchange for nuclear deal

Experts caution it would be years before Iran’s gas could get to Europe

The Independent UK

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Russia will not resume gas supplies to Europe until sanctions lifted, says Moscow

Kremlin blames western sanctions for failure to deliver gas through Nord Stream 1 pipeline

The Guardian - UK

New Prime Minister Liz Truss urged to reinforce renewables credentials to ease cost of living crisis

Fast-track approach to UK generation laid out in Energy Security Strategy sought from new leader

Birmingham Post

Western Australia has the cheapest energy in the OECD, as prices go sky high in eastern states

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

The New Daily

What are Liz Truss’s major policies as UK’s prime minister?

New leader of the Conservative Party Liz Truss has ruled out new taxes and energy rationing amid soaring inflation.

Al Jazeera

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Ukraine Says Nuclear Plant Offline after Russian Shelling

Europe’s largest nuclear plant was knocked off Ukraine's electricity grid Monday after its last transmission line was disconnected as a result of a fire caused by Russian shelling, the facility’s operator and the UN atomic watchdog said. The International Atomic Energy Agency said it was informed Monday by Ukrainian authorities…

Asharq Al-Awsat

Germany to publish results of energy 'stress test'

Germany's government plans to publish the results of a highly anticipated study into how the country’s energy sector will cope with possible shortages in the coming months

The Independent UK

Russia switches off Europe’s main gas pipeline until sanctions are lifted

Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault

Financial Times

Gas prices soar again after Russia shuts off pipeline

Benchmark European prices rose by 30 per cent after the Nord Stream 1 pipeline was closed off

Evening Standard

Euro Plunges to 20-Year Low after Russian Gas Halt

The euro sank to a new 20-year low on Monday and below $0.99 after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the…

Asharq Al-Awsat

Germany puts nuclear reactors on standby amid Europe's energy squeeze

Germany said on Monday it would keep two nuclear plants on standby beyond the end of the year in a policy U-turn as Europe scrambles to make up for a sharp drop in Russian gas supplies. Meanwhile, Ukrainian forces claimed gains in a counter-offensive against the Russian army in southern…

France 24

Hunter industry needs energy security in a hurry

The Hunter's peak business group has warned the productivity of region's industrial power users will be threatened unless more baseload generation comes on line in the near future.

Newcastle Herald

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Asharq Al-Awsat

Gas Prices Soar as Indefinite Halt of Nord Stream 1 Kindles Winter Fears

Dutch and British wholesale gas prices soared on Monday morning, reversing most of a downward trend seen the previous week, after Russian gas deliveries to Germany via the Nord Stream 1 were suspended indefinitely over the weekend. The British contract for day-ahead delivery sky-rocketed 200 pence, or 133% to 350…

Manchester Evening News

Martin Lewis tells former MP 'You cannot ignore the rise in bills' following row over cost of living 'catastrophe'

The Money Saving Expert stressed that people are referring to the current energy crisis as a 'catastrophe'

The Guardian - UK

Gas prices soar and pound and euro fall as Russia shuts Nord Stream pipeline

European countries scramble to store as much gas as possible before winter as they brace for shortages

Tribune News Service

Holiday season airfares soar on pricey fuel and revenge travel

Travelers alarmed at sky-high airfares this Christmas can add soaring fuel prices spurred in part by Russia’s weaponization of its energy resources to the list of factors to blame.

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Al Jazeera

Russia-Ukraine war: List of key events, day 194

As the Russia-Ukraine war enters its 194th day, we take a look at the main developments.

The National (Scotland)

Price freeze amongst options for new prime minister to tackle soaring bills

A FREEZE on energy bills is believed to be one of a series of options for tackling soaring energy bills due to be presented to the new prime…

The Guardian - AU

Russia-Ukraine war: Ukraine says it has pushed Russian forces back near Kramatorsk; last Zaporizhzhia reactor disconnected after Russian shelling – as it happened

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

Reuters

Kremlin blames Europe for Nord Stream 1 halt, saying sanctions hamper maintenance

The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.

The Guardian - UK

Ditch price cap for ‘free basic energy’ plan to help poorest, report says

New Economics Foundation sets out proposals for government to pay for gas and electricity use up to a limit

The National (Scotland)

The Stirlingshire man who witnessed 25 nuclear blasts – and lived to tell the tale

A BLINDING flash, intense heat, the spectre of a mushroom cloud creeping skywards – mercifully few of us have seen the full horror of a nuclear…

Tribune News Service

California grid facing higher risk of outages as heat builds

California’s strained power grid is set to come under even more stress Monday because of a punishing heat wave, increasing the chance of blackouts.

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