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The Latest Breaking News on Energy

UK homes among worst in Europe for energy efficiency, say experts calling for insulation plan

Liz Truss’s government faces ‘even more’ difficult position in winter 2023 without plan to fix leaky homes

The Independent UK

Explained | What is windfall tax and why are countries imposing it on the energy sector right now?

Big energy companies clocked huge profits in the first half of this year, making record windfall gains which governments have tried to rein in

The Hindu

Zaporizhzhia nuclear power plant halts operations in Ukraine amid fears of disaster during Russian invasion

The plant "is completely stopped" after the number 6 power unit from the grid is disconnected at 3:41am local time on Sunday, with President Volodymyr Zelenskyy having called for the surrounding area to be demilitarised.

ABC News

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Zelensky says key east Ukraine city of Izyum has been 'liberated'

President Volodymyr Zelensky on Sunday confirmed Ukrainian troops had recaptured the strategic city of Izyum in the eastern part of the country from Russian forces as part of a large-scale counter-offensive. Earlier, French President Emmanuel Macron and Russian President Vladimir Putin had discussed the situation at the Zaporizhzhia nuclear plant,…

France 24

UK must insulate homes or face a worse energy crisis in 2023, say experts

Cutting heat loss from houses will be more effective in the long term than subsidising bills, according to analysis

The Guardian - UK

Ukraine's Zaporizhzhia nuclear power plant halts operations

Operations at the Russian-held Zaporizhzhia Nuclear Power Plant in Ukraine have been fully stopped as a safety measure, Energoatom, the state agency in charge of the plant, said on Sunday.

Bangkok Post

Outside power restored, Zaporizhzhia nuke plant shuts down

Ukraine’s atomic power operator says the last reactor at Europe’s largest nuclear power plant has been shut down after the plant was reconnected to the electricity grid

The Independent UK

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'A Necessity': Lebanon's Forced Conversion to Solar

Thanks to solar energy, residents of the northern Lebanese village of Toula are finally able to enjoy ice cream again -- a treat in a sun-baked country plagued by power cuts. Lebanon's economy collapsed in 2019 after decades of corruption and mismanagement, leaving the state unable to provide electricity for…

Asharq Al-Awsat

California's green dreams mean adding more EVs to a rickety grid

California’s fight against global warming is on a collision course with its rickety grid. The state aims to end net greenhouse gas emissions by 2045, forcing many things that burn fossil fuels — particularly vehicles, factories and buildings — to switch to electricity. And yet California, the world’s fifth-largest economy,…

Tribune News Service

Greek leader: EU must respond as one to Putin's 'blackmail'

Greece's prime minister says the European Union should have a coordinated response to the challenge posed by Russian President Vladimir Putin’s “blackmail” with the supply of natural gas

The Independent UK

Ukraine probing emergency exports of thermal coal to Poland - Kyiv

Ukraine will look into whether it can urgently supply neighbouring Poland with 100,000 tonnes of thermal coal to help it get through the coming winter, President Volodymyr Zelenskiy said on Saturday.

Reuters

French EU minister says cutting energy usage vital as part of 'fight against Russia'

France's Secretary of State for European Affairs Laurence Boone has outlined to FRANCE 24 the sacrifices necessary to continue putting pressure on Moscow, saying "it is a war against Russia for democracy, for freedom and supporting Ukraine. We are not asking horrible things. To put the temperature at 19 degrees,…

France 24

Tokyo govt unveils solar power initiative

The Tokyo metropolitan government has unveiled a policy that includes the mandatory installation of solar panels on some newly constructed homes, among other measures aimed at promoting the use of solar power.

The Japan News/Yomiuri

British Gas owner wants to cap profits in government deal over energy bills

Centrica keen to be first company to agree deal to lower price of electricity sold on to suppliers

The Independent UK

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Al Jazeera

Russia-Ukraine war: List of key events, day 199

As the Russia-Ukraine war enters its 199th day, we take a look at the main developments.

The Independent UK

Small nuke reactors emerge as energy option, but risks loom

A global search for alternative sources to Russian energy during the war in Ukraine has refocused attention on smaller, easier-to-build nuclear power stations

The Guardian - UK

British Gas owner plans to cap profits to cut energy bills

Exclusive: Centrica chief tells the Guardian he is keen for it to sign up to new contracts with government on electricity generation

Asharq Al-Awsat

Report: Ukraine Reconstruction to Cost $349 Bn

Rebuilding Ukraine following the devastation caused by the Russian invasion will cost an estimated $349 billion, according to a report issued Friday. But the figure, which totals 1.5 times the size of the Ukrainian economy, is considered a minimum and is expected to grow in the coming months as the…

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news in one place.

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Asharq Al-Awsat

Landmark UAE Gas Sales Agreement Signed between ADNOC, DUSUP

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, have witnessed the signing of a landmark gas sales agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority (DUSUP). The agreement showcases the UAE’s…

Reuters

African nations push for more climate finance ahead of COP

African ministers meeting in Cairo two months ahead of the COP27 climate summit called on Friday for a sharp expansion of climate financing for their continent while pushing back against an abrupt move away from fossil fuels.

Reuters

Venezuela to seek extradition of former minister in corruption case

Venezuela will seek the extradition of a former top energy official and launched fresh legal action against a former oil minister, who it is also trying to extradite from Europe, the state attorney-general's office said on Friday.

Bangkok Post

Gulf expands in US with gas purchase

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

WEKU

Here's why the risk of a nuclear accident in Ukraine has 'significantly increased'

The head of the world's atomic watchdog warned that the reactors at Zaporizhzhia might have to be shut down. That would start a clock ticking at the site.

Benzinga

3 Ways To Earn High Yields As Energy Prices Surge

As the natural gas Oct. 22 futures retreated from record highs of $9.98 per cubic foot to $8.27 per cubic foot, the SPDR Energy Select Sector Fund (ARCA: XLE) fell by .80%.

StockNews.com

3 Oil Stocks That Are Better Buys Than Occidental Petroleum

Russia is threatening to cut energy supplies to Europe, which could keep oil prices elevated this year. While rising oil prices should help the energy industry thrive, Occidental Petroleum (OXY) is not well-positioned to capitalize on the industry tailwinds. However, one could benefit from the industry’s solid prospects by investing…

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