The Latest Breaking News from Energy

WASHINGTON — The House on Wednesday may begin consideration of a bill that would alter the president’s authority to tap the Strategic Petroleum Reserve. President Joe Biden has said he would veto it.

The non-repayable lump sum is expected to provide extra financial support to 900,000 homes this winter.

Much of Pakistan was left without power for several hours on Monday morning as an energy-saving measure by the government backfired. The outage spread panic and raised questions about the cash-strapped government’s handling of the crisis. Electricity was turned off across the country during low usage hours overnight to conserve…

The increase will see the typical dual user paying £500 more a year than the £2,500 they do now even though wholesale prices are falling.

People who live off-grid or heat their homes using alternative methods are still waiting for government help

Energy Minister Chris Bowen defends the government's energy relief plan, issuing new figures that show a drop in forecast wholesale electricity prices for 2023.

Ukraine's energy minister said on Friday the situation at the Russian-held Zaporizhzhia nuclear power station was deteriorating because of the psychological state of its Ukrainian staff and the condition of equipment. The Ukrainian staff have remained at the plant in southeastern Ukraine since Russian forces captured it last March, soon…

Eligibility rules for the annual heating bill discount have changed for winter 2022/23.

Supply chain disruptions, mounting economic concerns, and high vehicle prices are all contributing to declining optimism about EV adoption. Hence, it could be wise to avoid fundamentally weak EV stocks NIO Inc. (NIO), Lucid Group (LCID), Nikola (NKLA), and Mullen Automotive (MULN). Read on….