The Latest Breaking News on Energy

In July production was only 310,000 barrels a day below prewar levels, IEA finds

Egypt's cabinet has approved a plan to ration electricity to save natural gas that it will instead divert to the export market to generate foreign currency, it said on Thursday. Egypt has suffered from an acute foreign currency shortage since Russia's February invasion of Ukraine, which pushed up global commodity…

Iraq's government has agreed to continue supplying Lebanon's electricity company with heavy fuel oil for another year, Lebanon's caretaker prime minister said on Thursday, alleviating pressure on Lebanon's struggling power grid. Najib Mikati said he had made the request to Iraq's Prime Minister Mustafa al-Kadhimi, who agreed to extend the…

Ofgem has attributed the rise to a shortage of renewable energy and higher wholesale prices, driven by cold weather

Vital statistics on power-generation firms suspected of having cashed in on high energy prices

To fix or not to fix? Here’s what you need to know about energy tariffs.

The Prime Minister has urged energy companies to help vulnerable customers but has said no action will be taken until his replacement takes office

The outgoing Prime Minister did not, however, announce any new immediate help for hard-pressed families

NEW DELHI: Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

One expert explained how tea could be an affordable "main source of warm comfort" during the energy shortage.

British Prime Minister Boris Johnson and senior ministers have held inconclusive talks with energy companies amid mounting pressure to help people cope with soaring gas and electricity prices