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The Latest Breaking News on Energy

Australian government launches offshore petroleum exploration permits for 47,000 sq km of ocean

Resources minister says exploration ‘central to alleviating future domestic gas shortfalls’ but Greens slam ‘mockery’ of climate target

The Guardian - AU

Where Ukraine War Stands after 6 Months

When Russian President Vladimir Putin invaded Ukraine on Feb. 24 in an unprovoked act of aggression, many expected a quick victory. Six months later, the largest military conflict in Europe since World War II has turned into a grinding war of attrition. The Russian offensive has largely bogged down as…

Asharq Al-Awsat

Shell, unions reach agreement in Prelude gas facility industrial dispute

Shell has reached an in-principle agreement with unions after a months-long industrial dispute which shut down its floating gas facility off the Kimberley coast.

ABC News

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Jordan Doubles Power Supplies to West Bank City of Jericho

Jordan said on Wednesday it had doubled the electricity supply sold to the occupied West Bank city of Jericho to 80 megawatts, helping reduce its reliance on power supplied by Israel. They said the extra supplies came from a power station in the Jordan Valley linked to an existing Palestinian…

Asharq Al-Awsat

Offshore gas exploration areas freed up

Almost 47,000 square kilometres of Commonwealth offshore waters have been made available to oil and gas companies.

AAP

For clean energy, financial growth, Africa looks to UN talks

Access to more and cleaner energy while continuing to grow economically will be a top priority for African nations in the upcoming United Nations climate conference in November, top officials and climate experts on the continent said

The Independent UK

Timeline of energy price cap as gas and electricity bills set to soar over £5,300

We explain what the energy price cap is, what it will be for the months ahead and what it will mean for bill payers

Manchester Evening News

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Federal government opens 46,000 sq km for offshore oil and gas exploration

The oil and gas industry will have access to another 46,758 square kilometres of Commonwealth waters, with two new offshore greenhouse gas storage areas also approved.

ABC News

PM Modi’s nuclear power push gains traction with new plants on way

NEW DELHI: India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum.

The Times of India

Twenty protesters arrested after damaging fuel pumps on M25

Police said they were ‘working as quickly as we can to remove the protesters from the service stations’.

The Independent UK

Gas influencer sets 2030 emissions targets

Australia's largest gas pipeline operator, serving some of the most polluting industries, has set emissions reduction goals for 2030 to get to net zero by 2050.

AAP

Bangladesh cuts school and office hours due to soaring energy prices

Schools in Bangladesh will close an additional day each week and government offices and banks will shorten their work days by an hour to reduce electricity usage amid concerns over rising fuel prices and the impact of the Ukraine war.

France 24

Europe's Natural-Gas Crunch Sparks Global Battle for Tankers

Europe's energy crisis has unleashed a global battle over natural-gas tankers, leading to a shortage of ships and further boosting the fuel's record prices.

Bangkok Post

Canada, Germany aim to start hydrogen shipments in 2025

The leaders of Germany and Canada say a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years

The Independent UK

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AAP

APA Group pipes 'solid' FY amid gas shock

Gas pipeline company APA Group has posted a 'solid' full-year result amid an energy supply shock and announced a new 2030 emissions reduction commitment.

The Guardian - UK

Next PM could face £23bn autumn spend to cover £900 rise in energy bills

Energy prices have soared above prediction and subsidies will require significant further spending

Bangkok Post

Gunkul Power to be listed on stock market this year

SET-listed Gunkul Engineering, a renewable energy developer, plans to list its subsidiary Gunkul Power Development on the stock market as the company continues to expand its power business.

The Independent UK

Unexpected war warning system: Chernobyl tour's camera

Yaroslav Yemelianenko decided to set up a battery-operated camera showing his company’s tourist information center near the Chernobyl nuclear power plant months before Russia invaded Ukraine

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Daily Mirror

Energy bills crisis Q&A - how much will price cap rise by and what help can I get?

There are warnings the price cap could jump to nearly £4,700 a year in January - and even £6,500 next April - with people facing even higher energy bills. Here is everything you need to know...

The Independent UK

Utility: Guarantee for large offshore wind farm 'untenable'

Dominion Energy Virginia says a ratepayer protection that state regulators included in a recent order approving the utility's application to build and recover the costs of a massive offshore wind farm will lead to the termination of the project

StockNews.com

2 Oil Stocks Investors Might Want to Load up on This Fall

Gas-to-oil switching and soaring oil use for power generation are boosting oil demand. Moreover, OPEC might be planning a supply cut, which should drive prices higher. So, we think it could be wise to load up on oil stocks Marathon Oil (MRO) and Murphy Oil (MUR) this fall. Read more….

The National (Scotland)

Nicola Sturgeon chairs summit to demand action from Westminster on energy crisis

NICOLA Sturgeon chaired a summit on Tuesday at Bute House to discuss with energy firms what can be done to help households struggling…

The Guardian - AU

Biggest seismic testing for oil and gas at odds with Australia’s net zero push, activists say

Environmentalists condemn ‘outrageous’ testing plans in Otway Basin off coast of Victoria, Tasmania and South Australia

StockNews.com

Inflation Reduction Act Has Tax Benefits for Clean Energy -- Should You Buy These 2 Fuel Cell Stocks?

The Inflation Reduction Act was signed into law recently and is the most meaningful climate bill in the United States. It has allocated substantial funding to combat climate change and transition to sustainable energy and should bode well for fuel cell stocks. So, is it the right time to invest…

Tribune News Service

Editorial: Red tape holding up renewable energy projects

Democrats at the state and national levels have embraced a slew of deadlines to hasten their goal of a renewable energy future. Nevada, for instance, seeks to produce 50 percent of its energy from green sources by 2030 and to be fully converted by 2050.

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