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The Latest Breaking News from Energy

Trump administration admits grants for clean energy were cancelled based on politics

The Trump administration admitted cancelling grants based on state political identity. This action targeted sixteen states which had voted for Democrat Kamala Harris. Officials previously claimed cancellations were due to project viability and national energy needs. Democrats criticized the move as weaponizing government and punishing families for political views.

The Economic Times

Trump official’s announcement of nuclear deal with Saudi caused panic inside White House: report

Trump had reportedly not been aware that the Energy Department would unveil the deal this week

The Independent UK

Michael Shanks mocked for renewables boast as Labour eye new North Sea oil fields

ENERGY Minister Michael Shanks has been blasted for boasting about renewable power in Glasgow while the UK Government is reportedly set to sign off…

The National (Scotland)

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Ex-refinery price of diesel cut to curb pump prices

Thai energy authorities have approved a reduction of the diesel ex-refinery price by 2.40 baht a litre to curb rising domestic fuel prices as global oil prices fluctuate.

Bangkok Post

Energy sector wants ‘powerful reset’ from Andy Burnham’s Government

Trade body Offshore Energies UK is urging the Government to back the controversial Jackdaw and Rosebank oil and gas projects in the North Sea.

The Independent UK

First Minister says green transition remains 'critical' to decision over new drilling

THE First Minister has said the “critical transition” on climate change must be considered in the question of further drilling in the North Sea,…

The National (Scotland)

Saudi Arabia's US Nuclear Deal Aims to Free Up Oil Reserves as Economy Leans Beyond Crude

The US-Saudi nuclear agreement aims to diversify Saudi Arabia's energy sources, reducing oil dependency. However, concerns about nuclear proliferation and regional security remain significant discussion points.

International Business Times UK

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The Trump Administration Just Gave X-Energy Stock a Boost. Wall Street Sees 137% Upside Ahead.

Government backing boosted X-Energy's AI nuclear story, while analysts continue to see substantial long-term upside despite execution risks.

Barchart

Energy Secretary in 'constructive' talks with North Sea bosses

THE UK’s new Energy Secretary held “constructive” talks with industry leaders as she visited Aberdeen just days after being appointed to the…

The National (Scotland)

Even as the Iran war rages over Nuclear Enrichment, Trump signs a deal with Saudi Arabia for the same, triggering concerns and criticism

Experts claim this will make a deal with Iran a lot more difficult

We Got This Covered

Energy Secretary sends ‘important signal’ as she makes Aberdeen her first visit

Miatta Fahnbulleh was in the city on Thursday to meet industry body Offshore Energies UK.

Evening Standard

Oklo Joins Trump’s $200M Nuclear Push for AI. Here’s What It Means for OKLO Stock.

Oklo energy joins President Donald Trump's administration to boost nuclear energy development.

Barchart

Andy Burnham blocks Scottish media access during first official visit to Scotland

Prime Minister Andy Burnham pledged to "always" stay close to the people not one week ago. But a lot can change in six days ...

The National (Scotland)

Philippines is building 422 MW of solar farms above fish ponds, and the idea could change renewable energy forever

Vietnam's VinEnergo and Philippine developer SunAsia Energy have agreed to build 422 megawatts peak of solar power spread across three sites in the Philippines, using a design that lifts the panels on steel piles above active fish ponds rather than floating them directly on the water. The approach is intended…

The Times of India

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AAP

Renewables, batteries shield Australia from oil crisis

Australia has been spared from the Middle East energy crisis because of its rapid build-out of renewables and battery storage, a global energy body says.

Barchart

The Trump Administration Just Gave Oklo Stock a Big Boost. Here's What to Know.

OKLO stock inches higher on reports of $200 million US nuclear power initiative. But does that warrant buying OKLO shares at current levels?

International Business Times UK

Trump Faces Scrutiny Over $13B in Venezuelan Oil Cash as Only $300M Is Publicly Traced to Caracas

The US control over Venezuelan oil revenue has led to calls for an audit, amid concerns about transparency and legal justification, as Venezuela struggles with economic and humanitarian crises.

AAP

Innovative tech funded to deliver energy transition

Australian energy companies have received federal funding to address complex problems associated with the energy transition.

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The Independent UK

Who has Andy Burnham picked to be in his Cabinet?

Here, the Press Association looks at the appointments to Andy Burnham’s Cabinet so far.

Bangkok Post

Power plan for data centres readied

Thailand's energy authorities are intensifying efforts to finalise considerations for the country's pilot direct power purchase agreement (PPA) scheme, which is expected to support the rapid growth of data centres and cloud service businesses.

Benzinga

X-Energy Stock: Nuclear Company Becomes Cathie Wood’s New Favorite Position

Ark Invest, led by Cathie Wood, has been building big positions in a new IPO across three ETFs. While Ark Invest is buying shares of the recent IPO SpaceX, this is another name with purchasing dating back to April 2026.

Evening Standard

Who will be Andy Burnham's Chancellor?

New favourite emerges to replace Rachel Reeves in Number 11

The Times of India

Jones Act waiver extension on the table as Iran tensions threaten US fuel prices - report

The White House is weighing another extension of waivers allowing foreign ships to transport goods between US ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions told Reuters.

The Independent UK

Government downplays energy grid blackout risk amid extreme heatwave

Whistleblowers claimed that Neso 'failed to meet the grid security standards put in place to prevent blackouts'

Bangkok Post

Panel to discuss street lighting costs

The National Energy Policy Council (NEPC) is scheduled to meet on Wednesday to determine who should bear the cost of electricity for public street lighting, an expense currently shouldered solely by consumers, which contributes to rising household power bills.

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