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The Latest Breaking News on Energy

Climate crisis: India showing intent as problem solver, says Bhupender Yadav at G20 meet

Mr. Yadav also said the primary responsibility for the transition towards net-zero emissions rests with those who have historically accounted for most of the accumulated greenhouse gas concentrations in the atmosphere.

The Hindu

Ratcliffe-on-Soar power station unit may stay open for 'back-up electricity' this winter

It was due to be decommissioned in September

Nottingham Post

Data shows rise in Australian emissions

Greenhouse gases increased by 1.5 per cent in the year to March, but Chris Bowen says the country is now on track for emissions reduction.

AAP

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Nord Stream 1: Russia switches off gas pipeline citing maintenance

Shutdown at short notice by state-owned Gazprom disrupts European efforts to stockpile for winter

The Guardian - UK

U.N. monitors head to troubled Ukraine nuclear plant

A team of international nuclear inspectors is heading to the Zaporizhzhia nuclear power plant amid fighting in southern Ukraine and international concern of a potential accident or radiation leak

The Independent UK

WA's biggest private power station moves to take over loss-making, Indian-owned coal mine

The Japanese owners of a major West Australian coal-fired power station take court action over a loss-making mine that has failed to deliver promised coal supplies.

ABC News

Europe plan for floating gas terminals raises climate fears

As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel

The Independent UK

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AEMO warns of power 'gaps' in Australia's biggest grid within three years as coal exodus gathers pace

The energy market operator warns supply will fall short of demand from 2025 unless new renewable energy capacity is urgently brought online.

ABC News

Fierce lobbying caps fight over California nuke plant future

California is about to send the nation a powerful message on the future of nuclear power — it’s just not clear what it is yet

The Independent UK

Labour energy cap freeze would save Scottish families £2.6bn – shadow chancellor

Ahead of a visit to Levenmouth, Fife, on Wednesday, Labour’s shadow chancellor Rachel Reeves has outlined energy proposals.

The Independent UK

Is Devon Oil a Better Energy Play Than Marathon Petroleum?

Elevated oil & gas prices have been helping energy companies thrive, with oil producers' free cash from operations increased significantly this year. Therefore, Marathon Petroleum (MPC) and Devon Energy (DVN) beat the market volatility. But which of these stocks is a better choice for investors? Read more to find out….

StockNews.com

Russia Confounds the West by Recapturing Its Oil Riches

Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

Bangkok Post

Fuel demand grows 13.5% amid rebounding economy

Thai fuel consumption for the first seven months of 2022 grew by 13.5% year-on-year for all types except kerosene, says the Department of Energy Business.

Bangkok Post

Wanted: a new energy contract for renewables and nuclear projects

Encouraging energy firms with old-style contracts to switch to new charging arrangements could save £44.4bn over six months

The Guardian - UK

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Newcastle Herald

Chris Bowen says Kurri gas project will proceed

The controversial $1.3billion Hunter Power Project at Kurri will go ahead as planned, Paterson MP Meryl Swanson said.

Newcastle Herald

Letters: We must sharpen our skills or pay the price

Newcastle Herald readers have their say

StockNews.com

4 Energy Stocks That Have Continued to Climb in 2022

The ongoing political disruptions in a major oil exporting country, Libya, have created widespread apprehensions regarding the deterioration of the global supply crunch. However, demand is expected to remain robust. Therefore, quality energy stocks Valero (VLO), Suncor (SU), Marathon (MRO), and APA (APA), which have continued to climb in 2022,…

The Guardian - UK

Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

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WEKU

Why even environmentalists are supporting nuclear power today

Environmentalists advocating for nuclear power have led a push to extend the operating life of Diablo Canyon, California's last nuclear power plant. Japan and Germany consider similar extensions.

AAP

Investment needed to plug energy gaps

The Australian Energy Market Operator says coal and gas plant closures will reduce electricity reliability and an urgent boost in new generation is needed.

AAP

Australia lacks skills for energy bonanza

Growth in wind, solar and battery systems is expected over the next two decades, but the clean energy sector is already short of workers.

The Guardian - AU

‘Reliability gaps’ in Australia’s electricity supply loom without investment in new technologies, report states

Australian Energy Market Operator warns that without investment in new-generation electricity storage and transmission, demand will outstrip supply

The Guardian - UK

‘It’s getting extremely hard’: climate crisis forces China to ration electricity

Forest fires, droughts and heatwaves across the country is forcing provinces to reduce power consumption

The Texas Tribune

Texas gas companies face fines up to $1 million for failing to prepare for extreme weather

Critics are skeptical about whether the new rules by the Railroad Commission will prevent another catastrophe like the power grid disaster in February 2021.

Birmingham Post

Huge green hydrogen proposal unveiled for Port of Immingham as Air Products and ABP unite

1,400 jobs eyed with hundreds of millions of pounds of investment and billions in the wider economy

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