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The Latest Breaking News on Energy

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…

StockNews.com

Is PLUG Stock a Buy Now That It Struck a Deal With Amazon?

Plug Power (PLUG) recently signed a deal with Amazon (AMZN) to support AMZN in achieving its net-zero carbon commitment by 2040. Striking a deal with the retail giant demonstrates its steady position in the industry. However, considering PLUG’s bleak bottom line, is the stock a buy now? Read on….

StockNews.com

Offsite power supply to Zaporizhzhia nuclear plant destroyed

IAEA says shelling makes the ‘situation increasingly precarious’ as reliable supply is unlikely to be restored

The Guardian - UK

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HydroDiesel+ Is Powering A Road Trip Around The Entire USA

There's still time to help disrupt the fuel industry by becoming an early investor.

Motor1

UN sounds gravest alarm yet on fighting around Ukraine nuclear plant

‘This is an unsustainable situation and is becoming increasingly precarious,’ says International Atomic Energy Agency chief Rafael Grossi

The Independent UK

Poland says Ukraine ready to offer power as coal alternative

Poland's prime minister says neighboring Ukraine is ready to supply his country with electricity and help reduce the use of coal for power generation in light of an anticipated energy crisis

The Independent UK

Russian-occupied reactor at increased safety risk, UN warns

Operators at a Russian-occupied nuclear reactor in Ukraine may soon have to draw on their last line of defense to prevent a nuclear accident, according to the most dire warning yet issued by International Atomic Energy Agency monitors.

Tribune News Service

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‘Nothing is decided’: EU energy ministers clash over price cap on Russian gas

Countries that import large volumes fear Kremlin would respond by halting all gas flows, plunging them into recession

The Guardian - UK

Is It Too Late to Get in on Peabody Energy?

Coal mining company Peabody Energy (BTU) has gained more than 120% this year due to the resurgence of coal consumption. Is it too late to get in on the stock now? Read on to find out….

StockNews.com

Shelling at Zaporizhzhia nuclear power plant poses a growing problem

Shelling has destroyed power infrastructure at the Ukrainian city of Enerhodar where staff operating the Russian-held Zaporizhzhia nuclear power plant live, posing a growing threat to the plant, the UN nuclear watchdog said on Friday. Meanwhile Russian forces have killed two staff members.

France 24

Don’t mention rationing: why energy crisis may need another Truss U-turn

National Grid is taking blackout risk seriously, yet PM remains reluctant to take action to limit energy usage

The Guardian - UK

‘A broken system’: campaigners urge Liz Truss to rethink energy plan

Climate activists, anti-poverty groups and trade unionists plan wave of protests in autumn

The Guardian - UK

$Greater Manchester says no to fracking despite new PM Liz Truss overturning ban$

Greater Manchester says no to fracking despite new PM Liz Truss overturning ban

"They're saying 'frack the North because it's fine, because it's away from all of us'. I'm not having it"

Manchester Evening News

Derry mayor to host rally to highlight rising cost of living

"People are already struggling to pay their bills. This is a cost-of-living emergency"

Belfast Live

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The Guardian - UK

The Tories spent a decade putting fossil fuel profits first. Now we’re all paying the price

Instead of home insulation and cheap renewables ministers have given us fracking, says Max Wakefield, a director at climate action group Possible

Reuters

Russia warns the West: energy price cap will be your undoing

Russia warned the West on Friday that plans to try to cap the price of Russia's oil and gas exports in retaliation for the war in Ukraine would fail and ultimately lead to the instability of the United States and Europe.

The Independent UK

Ukrainian nuke plant operating tenuously as war persists

Ukraine’s state nuclear energy operator says Europe’s largest nuclear power plant, caught in the Ukraine-Russia war, is operating in emergency mode with elevated risk

Los Angeles Times

Commentary: Our too little, too late climate action means triage more than prevention

Two years ago the sky above my San Francisco Bay Area home was a dark pumpkin orange from wildfire smoke. The air smelled of wood fire, and gray ash covered my car. Today the bay’s waters are dark brown from a harmful algal bloom and the air smells of decay…

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The Independent UK

EU nations seek joint approach to contain energy price

The European Union has intensified its mission to shield the population from excessive energy prices that could dump millions into cold and poverty over the winter in the wake of Russia’s war in Ukraine that is driving up global energy prices

Irish Mirror

Furious residents of Clare town fear for health after new data centre with gas plant approved

Plans for the site include a 4,674 sq m power station with 18 gas engines, 25-metre chimneys and 66 back-up diesel generators

Asharq Al-Awsat

EU Ministers Seek Ways to Face Energy Shock

EU energy ministers on Friday will attempt to forge a united response to the energy shock from Russia's war on Ukraine that has sent prices for electricity and heating skyrocketing. Moscow's invasion has seen the price of natural gas hit record levels, throwing the EU economy into deep uncertainty with…

Asharq Al-Awsat

Gas to Flow 'in Weeks' from Israeli Licensed Field Disputed by Lebanon

A London-listed company licensed by Israel to extract gas from a maritime field that is in part claimed by Lebanon announced Thursday that it would begin yielding output within weeks. The "assets have outperformed our expectations and our flagship Karish project is on track to start production within weeks," Energean…

The Conversation

'Untenable': even companies profiting from Australia's carbon market say the system must change

This week, several of the largest companies that profit from Australia’s carbon market called for changes to the system. They said the rules that govern the issuing of carbon credits to some projects were too lax and the market’s integrity should be improved.

Bangkok Post

Gulf Energy invests $409m for 49% stake in US gas-fired plant

SET-listed Gulf Energy Development (Gulf) on Friday said it has invested US$409 million in a 49% stake in Jackson Generation, a 1,200-megawatt natural gas-fired power project in Illinois, its first expansion into the United States.

Reuters

EU to claw back energy firms' profits rather than cap Russian gas price

European Union energy ministers on Friday tasked Brussels with drafting proposals within a few days to cap the revenues of non-gas energy producers and help power firms stay afloat.

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