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The Latest Breaking News from Energy

Fuel stockpile raised as crisis continues

The government has instructed oil companies to extend the stockpiling of the country's oil reserves from 60 to 70 days to help offset any future oil crisis, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Thursday.

Bangkok Post

Oil Fund borrowing limit to rise

The National Energy Policy Committee (NEPC) has resolved to lift borrowing limits of the state Oil Fund to allow for management flexibility and approved guidelines to address surging fuel prices.

Bangkok Post

Fracking could start in Tory manifesto breach as PM reviews 'all options' in Ukraine war

Boris Johnson was elected on a pledge to keep fracking banned - but Downing Street today refused to rule out breaking it as he looks at ‘all options’ in a Ukraine-Russia energy crisis

Daily Mirror

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Loans capped for Oil Fund to be lifted

The National Energy Policy Committee (NEPC) on Wednesday resolved to remove the 40-billion-baht cap on loans to support the Oil Fund in the wake of the Russian invasion of Ukraine.

Bangkok Post

Chernobyl nuclear power plant suffers 'complete blackout' as fears grow over site

People in the region have been left horrified after Ukraine's national nuclear energy company says the lack of power at Chernobyl risks sending radioactive substances into the air

Daily Mirror

Ukraine does not know what's happening at occupied nuclear plants, says energy minister

The Ukrainian authorities do not know what the radiation levels are at Chernobyl nuclear power plant, as they have not heard about what is happening there since it was seized by Russian troops, Energy Minister Herman Halushchenko said on Wednesday.

Reuters

Turkey Has No Plans to Cut Russian Oil Buys, Welcomes Iran Supply, Says Minister

Turkey will continue to buy Russian oil and hopes sanctions on Iran are lifted, bringing additional supplies to meet global demand, Energy Minister Alparslan Bayraktar said on Tuesday. Turkey relies on Russia for 45% of its natural gas demand, 17% of oil and 40% of its gasoline, he said in…

Asharq Al-Awsat

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Energy costs prompt crisis talks

The National Energy Policy Committee (NEPC) will on Wednesday discuss measures to deal with soaring energy prices, including efforts to maintain the cap on diesel prices at below 30 baht a litre.

Bangkok Post

Michael Matheson: Scotland can ‘easily’ replace Russian gas with other imports

The Energy Secretary said the country’s energy supply was secure and not reliant on Russia.

The Independent UK

$Boris Johnson backs away from Putin oil sanctions as Scots Tory calls for fracking re-start in UK$

Boris Johnson backs away from Putin oil sanctions as Scots Tory calls for fracking re-start in UK

As the Prime Minister revealed he would set out an energy strategy, meaning more oil drilling and more nuclear power, former Scottish Secretary Michael Forsyth called for fracking to be considered in the mix

Daily Record

Sreedhar takes over as Energy Secretary

AP-Genco Managing Director B. Sreedhar assumed the full additional charge as Secretary of the Energy Department and CMD of AP-Transco at Vidyut Soudha here on Friday, consequent to the deputation of N. Srikant to the Union Cabinet Secretariat.

The Hindu

France activates crisis cell at ASN nuclear watchdog after fire at Ukraine nuclear plant

France has activated the crisis cell at its ASN nuclear watchdog body after an earlier fire at the Zaporizhzhia nuclear plant in Ukraine, French Energy Minister Barbara Pompili said on Friday.

Reuters

Ukraine nuclear reactors being safely shut down - U.S. energy official

U.S. Energy Secretary Jennifer Granholm said on Thursday the reactors at Ukraine's Zaporizhzhia nuclear power station "are protected by robust containment structures and reactors are being safely shut down".

Reuters

Russian Oil Trade In Limbo - Threatening Global Supply

Despite efforts by Western countries to spare the energy sector from economic sanctions against Russia, the country’s oil supply has been left hanging in the balance as importers — including those in the US — put orders on hold as they seek other sources, potentially threatening the global energy supply.

Benzinga

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Reuters

Philippines approves revival of nuclear power to help replace coal

Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country's energy mix, as authorities prepare for the phasing out of coal-fired power plants and after earlier efforts failed due to safety concerns.

The Independent UK

Military power: Ukraine seeks to link energy grid to EU

Ukrainian Energy Minister Herman Galushchenko said: “We refused to return to parallel work with the systems of Russia”

Bangkok Post

Ukraine fallout worries cabinet

The government is expected to introduce economic measures to mitigate the fallout from Russia's invasion of Ukraine -- especially its impact on global energy prices -- after the cabinet meets later on Tuesday.

The Independent UK

German envoy to raise energy security, climate on US visit

Germany’s vice chancellor is traveling to Washington for talks with U.S. officials that will focus on energy security and the need to ramp up renewable energy in the wake of Russia’s attack on Ukraine

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The New Daily

Paul Bongiorno: Vladimir Putin makes renewable energy security an urgent no-brainer

For more than a decade Vladimir Putin has been using the billions of dollars Russia has earned from its oil and gas exports to rebuild the military.

Reuters

Greece to propose EU energy solidarity fund to tackle crisis

Greece will propose setting up a European Union energy solidarity fund to mitigate the energy crisis impact on households, businesses and consumers, its energy minister said on Sunday, before EU ministers meet on Monday.

The Hindu

Minister tells A.P. power utilities to ensure nine-hour supply to farm sector in rabi season

Projected cumulative energy demand from March to May has been put at 20,143 MU

Asharq Al-Awsat

Saudi Aramco Discovers Some New Natural Gas Fields

Saudi Aramco has discovered several new natural gas fields, the Saudi Press Agency reported on Sunday, citing Energy Minister Prince Abdulaziz bin Salman. The fields were found in the central area of the kingdom, in the Empty Quarter region, near northern border and in the eastern region, he said, according…

The Guardian - AU

Farmers’ fund to cover some of Angus Taylor company’s costs to challenge finding land cleared illegally

Energy minister in rare position of being linked to case opposing his own government’s decision on Jam Land, part-owned by Taylor and brother

The Hindu

Energy Minister directs Escoms to ensure 7 hours of three-phase supply during day time to farmers

Warning that avoidable interruptions in power supply will be treated as “dereliction of duty” on the part of engineers, Energy Minister V. Sunil Kumar on Thursday fixed the responsibility of ensuring the supply of seven hours of three-phase power to irrigation pumpsets during day time on zonal and chief engineers…

Wales Online

UK energy companies the top target for cybercriminals as fuel prices soar

IBM Security’s 2022 X Force Threat Intelligence Index revealed the UK’s energy industry accounted for 24% of all cyberattacks in the country.

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