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The Latest Breaking News from Energy

Fury over ‘Truss Tax’ as planned energy bill freeze lets big firms off the hook

THE SNP have urged Liz Truss to come clean over plans to impose a “Truss Tax” which would force households to pay the multi-billion-pound cost…

The National (Scotland)

Nicola Sturgeon pans Liz Truss's judgment in giving Jacob Rees-Mogg energy role

FIRST Minister Nicola Sturgeon has questioned whether Liz Truss has appointed a “Cabinet of all the talents”, or simply handed her own…

The National (Scotland)

Clean energy exports at 'lightning speed'

Australia will shoot well beyond an electricity grid powered by 82 per cent renewable energy in its quest to be a clean energy superpower.

AAP

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No question of withdrawing free power scheme to SC, ST families: Sunil Kumar

BENGALURU

The Hindu

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

Reuters

Assistance promised for this month's high power bills

The cabinet will next week decide on proposed measures to assist householders as the cost of electricity rises to a record-high, and assistance will be provided to meet September's bills, according Energy Minister Supattanapong Punmeechaow.

Bangkok Post

EU Policy Chief 'Less Optimistic' about Quick Revival of Iran Nuclear Deal

EU Foreign Policy Chief Josep Borrell said that he was less optimistic about reaching an agreement on a revival of the Iran nuclear deal than he was only a short while ago. “I am sorry to say that I am less confident today than 28 hours before...about the prospects of…

Asharq Al-Awsat

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Qatar Says it Will Build World's Biggest Blue Ammonia Plant

Qatar announced Wednesday that it will build the world's biggest plant making blue ammonia -- one of the new fuels being touted as a cleaner energy source. Energy Minister Saad al-Kaabi said the plant would cost $1.2 billion and start production in early 2026. State-owned Qatar Energy, a firm that…

Asharq Al-Awsat

Govt set to roll out 'gifts' for New Year

The government is planning to roll out a number of relief measures as "New Year gift"s at the end of the year, which will include tax reductions, according to Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow on Tuesday.

Bangkok Post

Why Lose Money In A Bear Market? These Stocks Are Bucking The Trend In 2022

Contrary to 2021, when equity markets were in a bull run, 2022 has served as a not-so-gentle reminder that the stock market does not give free gifts. The macro attitude that is pushing the markets lower has been influenced by worries about a recession, geopolitical tensions, the energy crisis, and…

Benzinga

Government confirms £400 energy discount will be delivered in Northern Ireland

But the DUP and Sinn Fein have disagreed about when people could receive the discount.

The Independent UK

Cost of living: £400 energy discount 'to be delivered in Northern Ireland in November'

Minister Murphy said the £400 payment "will not be sufficient"

Belfast Live

Energy price cap to rise more than 80% to £3,549 from October

Industry groups and opposition politicians call for immediate action to help consumers and businesses

Insider UK

George Skelton: Pour more money and planning into renewable energy — and keep Diablo Canyon running if needed

SACRAMENTO, Calif. — The dust-up at the state Capitol over nuclear power is the direct result of politicians either setting unrealistic goals or failing to plan — or both.

Los Angeles Times

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Daily Mirror

Energy boss on £6m will get £770,000 payday in October as Brits' bills rocket

Linda Cook is benefitting from an £84m interim dividend announced by Harbour Energy today as its profits rose 1,100% to almost £1.3billion in the first half of 2022

Reuters

Ukraine faces toughest winter yet, but gas reserve goal within reach

Ukraine faces its most difficult winter in modern history but should manage to reach a government goal of building 19 billion cubic meters (bcm) of natural gas reserves in time, Energy Minister German Galushchenko said on Thursday.

The Guardian - UK

Felixstowe port disruption ‘could continue until Christmas’ says union – as it happened

Disruption at the UK’s largest container port could escalate until Christmas unless workers are given an improved pay offer, Unite boss says

The Independent UK

Cyprus says new gas discovery aids Europe's energy search

Cyprus’ Energy Ministry says a new gas discovery off the island’s southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon helps bolster Europe’s efforts to secure alternative energy sources

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Bangkok Post

Discounts on cooking gas and power tariff

The Energy Policy Administration Committee (Epac) on Monday agreed to extend a subsidy for cooking gas for social welfare beneficiaries and assistance for household electricity bills until the end of this year.

The Hindu

Andhra Pradesh: Energy demand likely to cross 250 MU per day after March 2023, says Minister

Minister Peddireddi asks power utilities to brace for the challenge

ABC News

A news site with ties to the fossil fuel industry claimed Scotland axed 14 million trees to make way for wind farms. Is that correct?

The country's efforts to tackle climate change have been caught up in a fresh wave of misinformation about renewable energy, thanks to a news website with ties to the oil and gas industry.

Tribune News Service

Granholm sees US gasoline prices dropping further, with caveat

U.S. Energy Secretary Jennifer Granholm said gasoline prices should fall further after dropping to less than $4 a gallon for the first time since March.

The New Daily

‘We’ve fixed it’: Bowen says of renewables transition but work on details continues

'We've fixed it,' says Chris Bowen, but the government is yet to reach a definitive answer on some of the key details relating to energy transition.

Daily Mirror

Keir Starmer announces Labour plan to save families £1,000 on energy bills

Writing in the Sunday Mirror, he said a Warm Homes Plan would save 19 million families more than £1,000 off their energy bills

AAP

Ministers seek to boost winter gas supply

The energy minister has given the Australia Energy Market Operator the power to shore up domestic supply and added emissions reduction as a market target.

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