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The Latest Breaking News on Energy

North Dakota oil output unexpectedly dips in July

North Dakota's oil production unexpectedly fell 2.5% in July due to a dearth of new wells coming online.

Tribune News Service

Hydrogen powerhouse to lead energy future

One of the world's biggest renewable hydrogen plants will be built in Western Australia's Pilbara as economies move to replace fossil fuels and cut emissions.

AAP

EU Parliament backs resolution criticising TotalEnergies project in Uganda

The EU raises serious questions about the actions of French energy giant TotalEnergies in Uganda, with MEPs saying the group's oil pipeline project has led to evictions and arrests. Also in this edition: the United Nations publishes a report shedding light on increased human rights violations in Burkina Faso. Finally,…

France 24

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Buy These 3 Oil Stocks Before the Bull Market Returns

The Biden administration’s plan to refill the strategic reserve will likely prevent crude prices from plunging further. Moreover, the International Energy Agency has provided a solid demand outlook. Thus, we believe buying fundamentally sound oil stocks Valero Energy (VLO), Marathon Oil (MRO), and APA Corporation (APA) might be ideal before…

StockNews.com

3 Stocks to Buy and 1 to Avoid Amid the Energy Crisis

Europe is battling the worst energy crisis in decades, with Russia cutting off gas supplies indefinitely. Amid this, we think investors looking to invest in the energy sector should add energy stocks Valero Energy (VLO), Marathon Oil (MRO), and APA Corporation (APA) to their portfolios now, but avoid Tellurian (TELL),…

StockNews.com

Nearly 30% of Australia’s emissions come from industry. Tougher rules for big polluters is a no-brainer

Australia’s historic climate law passed the Senate last week and enshrined an economy-wide target to reduce emissions. But an important measure to reduce Australia’s industrial emissions is still up for debate: the “safeguard mechanism”.

The Conversation

BP reaches $2.75M deal over Indiana refinery pollution

Oil titan BP has agreed to pay $2.75 million to settle a lawsuit over air pollution from its largest refinery

The Independent UK

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Biden plans floating platforms to expand offshore wind power

The Biden administration hopes to develop floating platforms in the deep ocean for offshore wind towers that could power millions of homes and vastly expand offshore wind in the United States

The Independent UK

Ukraine: Kryvyi Rih residents urged to shelter as Russian missiles strike again

Zelenskiy meets Von der Leyen in Kyiv as Russia steps up attacks on power and utilities providers

The Guardian - UK

Activists accused of breaching oil terminal injunction remanded in custody

Demonstrators, aged 24 to 78, appeared at the Royal Courts of Justice on Thursday afternoon following a protest at the Kingsbury Oil Terminal.

The Independent UK

"Can't pay, don't pay" - Italian group urges energy bill strike

An Italian consumer group has called for an energy bills strike, offering legal support to people unable or unwilling to pay skyrocketing gas and electricity prices amid the soaring cost of living, it said on Thursday.

Reuters

Fracking: if Liz Truss wants a major shale gas industry, she is 280 million years late

In some respects, the UK has been among the world’s most successful countries at taking action against climate change over the past few decades. Yet that progress could be reversed and thrown away for a few years of slightly cheaper gas for a few people, and a lot of profits…

The Conversation

Could Wael Sawan usher in a renewable revolution at Shell?

Campaigners hope to see a radical shift under the former renewables boss but it is likely to be more continuation than revolution

The Guardian - UK

Soaring North Sea oil prices to 'boost' independence cause, economists say

SOARING oil and gas revenues from the North Sea could give arguments for Scottish independence a “boost”, experts have said.

The National (Scotland)

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Reuters

Mongolian President says he supports Russia-China oil and gas piplines through Mongolia

Mongolian President Ukhnaagiin Khurelsukh said on Thursday that he supports the construction of oil and gas pipelines from Russia to China via Mongolia.

Reuters

Kenya scraps petrol subsidy after president warned it was unsustainable

Kenya scrapped a subsidy on petrol a day after new President William Ruto said subsidies were unsustainable, in a move that could add to upward pressure on inflation.

The Independent UK

Shell CEO to step down as oil giant looks to climate goals

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels

The Hindu

India’s procurement of Russian crude oil not under govt-to-govt framework: Foreign secretary

India’s procurement of discounted crude oil from Russia has seen a significant jump in the last few months notwithstanding an increasing disquiet over it by the Western countries

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news in one place.

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Irish Mirror

Energy provider Panda Power to exit Irish electricity and gas market affecting 60,000 customers

Around 50,000 electricity and 10,000 gas customers will be affected by the decision

AAP

Woodside Browse claims 'certifiable'

Woodside has moved a step closer to realising its multi-billion dollar Browse gas project off WA.

Dublin Live

Ryanair's Michael O'Leary slams government over energy payments

The CEO says current attitudes towards the energy crisis are "overblown"

Radio France Internationale

Why France is struggling to power through the energy crisis

France’s large nuclear power industry means it is far less reliant on Russian fossil fuels than its European neighbours. So why is it so worried about power shortages this winter?

Bangkok Post

Asean 'needs to double' green energy spending

JAKARTA: Southeast Asian nations need to more than double their annual investment in renewable energy to meet climate goals, according to a new report.

Asharq Al-Awsat

UAE to Produce 230MW of Electricity Via Waste Heat Recovery Project

The UAE’s Waste Heat Recovery project will recycle waste heat generated from the plant to produce up to an additional 230 megawatts (MW) of electricity per day – enough to power hundreds of thousands of homes. It will also produce 62,400 cubic meters of distilled water per day for use…

Tribune News Service

Commentary: Biden’s energy policies encourage global instability

When it comes to energy independence – a key component of global stability – the America of 2022 could learn a lot from the America of 1942.

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