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The Latest Breaking News on Energy

JAKARTA: Indonesia has raised its heavily subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Bangkok Post

High-season airfares soar on pricey fuel

Travellers alarmed at sky-high airfares for the year-end holidays can add soaring fuel prices, spurred in part by Russia’s weaponisation of its energy resources, to the list of factors to blame.

Bangkok Post

Indonesia hikes fuel prices to rein in ballooning subsidies

Indonesia has raised subsidised fuel prices by about 30% on Saturday, top officials said, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Reuters

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Zaporizhzhia plant again loses last main power line; public bids farewell to Gorbachev at funeral – as it happened

Nuclear energy facility now linked to grid with a reserve line; former leader buried without state honours

The Guardian - AU

Ukraine news - latest: Russia ramps up energy war with gas pipeline shutdown

Extended closure threatens widespread blackouts across Europe

The Independent UK

Russia's Gazprom Expected to Resume Pipeline Supplies

Russia's Gazprom looked set to resume gas supplies to Europe via Nord Stream 1 this weekend, data from the pipeline operator showed Friday, after a halt that fueled an energy crisis. The resumption Saturday of deliveries after the three-day stoppage -- which Gazprom said was needed for repairs -- would…

Asharq Al-Awsat

Energy crisis may force manufacturers to close – study

New research emphasises stress among companies

Wales Online

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Energy citizenship: Europe’s communities forging a low-carbon future

From solar panels to biomass burners, boom in green initiatives seen as vital to achieving EU climate targets

The Guardian - UK

California governor signs bill to keep last reactors running

Democratic Gov. Gavin Newsom has signed legislation intended to open the way for California's last operating nuclear power plant to run an additional five years

The Independent UK

Santos withdraws applications for NT gas pipeline approval over legal challenge risk

Company is already in court fighting allegations it failed to properly consult Tiwi Islanders over another part of the Barossa project

The Guardian - AU

Russia-Ukraine war latest: what we know on day 192 of the invasion

Russia’s Gazprom extends shutdown of Nord Stream pipeline 1; nuclear inspectors to remain at Zaporizhzhia plant; G7 puts price cap on Russian oil

The Guardian - AU

Californians asked to conserve power amid brutal heat wave

Californians sweltering in the West’s lengthening heat wave have been asked to reduce air conditioning and cut other electricity use again to prevent stress on the state’s electrical grid that could lead to rolling blackouts

The Independent UK

Russia using energy as weapon, White House says about Nord Stream shutdown

Moscow is using energy as a tool to pressure Europe, the White House said about the delayed return of Gazprom's Nord Stream 1 natural gas pipeline, as Europe gets closer to a ban on oil imports from Russia.

Reuters

EPA reverses course, rejects permit for massive oil exporting project offshore from Corpus Christi

During the Trump administration, the Environmental Protection Agency exempted a proposed oil export terminal off the Texas coast from air pollution requirements. This week it rejected the permit because of pollution concerns.

The Texas Tribune

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Al Jazeera

Russia’s Gazprom keeps gas pipeline to Germany turned off

Energy giant says it cannot restart gas deliveries after finding faults in Nord Stream 1 pipeline during maintenance.

The Guardian - UK

Russia’s hybrid war on Ukraine extends to new terrain as Gazprom cuts supply to Europe

Energy war with west has exploded after weeks of tension

Benzinga

Nasdaq, S&P 500 Reverse Earlier Gains As European Energy Crisis Looms Large

Fresh worries over the Nord Stream pipeline surfaced during the early portion of the U.S. session. As a result, stocks gave back early morning gains.

The Independent UK

Russia’s Gazprom keeps gas pipeline to Germany switched off

Russian energy giant Gazprom says it can’t resume the supply of natural gas through a key pipeline to Germany for now because of what it said was a need for urgent maintenance work

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Reuters

Russia scraps gas pipeline reopening, stoking European fuel fears

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.

The Independent UK

Climate activists ‘won’t leave tunnel until Government makes meaningful promise’

Just Stop Oil campaigners have dug and occupied the tunnel underneath St Clements Way in Grays – a key delivery route for a nearby oil terminal.

The Guardian - UK

Nord Stream 1: Gazprom announces indefinite shutdown of pipeline

Russian energy company had been due to resume gas delivery to Germany on Saturday morning

Evening Standard

Russia says gas line to Europe will remain closed as energy crisis escalates

Move came hours after G7 announced oil price cap to defund Putin war machine

Reuters

Belgian motorists beat fuel inflation with cross-border trips to France

French government support for gasoline prices has led to long queues of cars from Belgium queuing at gas stations just over the border with France where gas can be more than 30 euro cents ($0.30) per litre cheaper.

The Independent UK

Russia’s Gazprom shuts European gas pipeline indefinitely as energy crisis escalates

The move proves Russia’s ‘cynicism’, says the EU

The Guardian - UK

EU must act now on ‘catastrophic’ energy price spike, says European Council chief

Charles Michel says bloc must address price caps and has been too late in putting ‘concrete proposals on the table’

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Rafael Mariano Grossi

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