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The Latest Breaking News from Energy

Changes proposed for power plant closures

Energy companies could soon be forced to give more notice before they close under a proposal from the federal government.

AAP

Government seeks to delay coal-fired power plant closures with longer notice period

The Federal Government is seeking new rules to ensure energy companies provide five years' notice before closing power stations, amid concerns about reliability and affordability.

ABC News

5 Best Oil & Gas Stocks to Buy in April

The U.S. and its allies have already levied severe sanctions against Russia–with more sanctions in the offing–in response to its alleged killing of civilians in its war with Ukraine, leading to energy supply concerns and higher oil prices. Also, conflict in the Middle East is adding to oil supply concerns,…

StockNews.com

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Lithuania first country to stop using Russian gas in milestone anti-Ukraine war move

The Lithuanian Government announced that from the start of April the country has been operating without Russian gas before slamming the EU - which gets 40% of its crude from Gazprom - for failing to cut off its reliance on Russian energy

Daily Mirror

The Morrison government's $50 million gas handout undermines climate targets and does nothing to improve energy security

Tuesday night’s federal budget confirmed the Morrison government will spend A$50.3 million on gas projects in the Northern Territory, South Australia and the east coast.

The Conversation

Port of Newcastle's $100m clean energy rush

The federal government's $100 million investment in the development of Port of Newcastle's energy precinct will also supercharge plans to create a $3.1 billion hydrogen hub capable of sustaining 5000 jobs.

Newcastle Herald

Beware of These 5 Risky Energy Stocks

Oil prices have cooled down recently amid expectations of supply increases, a threat of falling demand due to a new COVID outbreak in China, and the possibility of fruitful peace talks between Russia and Ukraine. Given this backdrop, we think energy stocks Patterson-UTI (PTEN), Tellurian (TELL), NextDecade (NEXT), Vertex Energy…

StockNews.com

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Can A Turkish-Israeli Gas Pipeline Solve Europe's Energy Crunch?

A potential Turkey-Israel gas pipeline is being studied as an energy source for the European market seeking an alternative to Russian sourcing, although political difficulties would need to be addressed prior to construction.

Benzinga

New gas, technologies key to energy future

Vast gas reserves, technologies and new critical minerals projects will power economic growth and meet future energy needs, according to the budget blueprint.

AAP

Boris Johnson's energy strategy delayed again as top Tories row over plan

Boris Johnson promised a new energy security strategy 'in days' at the start of March but the plan has been hit by delays after reports Rishi Sunak is holding out on big spending commitments

Daily Mirror

Government creates £1m G7 legacy fund for Cornwall's green energy innovators

Cornish energy entrepreneurs can bit for ring fenced slice of £10m Energy Entrepreneurs Fund

Birmingham Post

Household appliance energy efficiency programs cut power bills and emissions — but they are out of date

Some of Australia's energy standards for household appliances are out of date or missing completely. Updating them could save households money and massively reduce emissions over time.

ABC News

Transformer blast: 19-year-old girl succumbs a day after her father passed away

Though a complaint was lodged, it was not immediately attended to: Minister

The Hindu

It’s nonsense for Angus Taylor to suggest Australia could face an energy crisis like Europe’s

Australia already has energy independence and extracts more gas than it needs to meet domestic demand. Indeed three-quarters is exported as LNG

The Guardian - AU

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Tribune News Service

Invasion reignites debate over the future of energy

WASHINGTON — Senators clashed Wednesday over what type of energy future the U.S. should pursue in light of Russia’s ongoing attack of Ukraine, with Democrats pushing for a lower-carbon path and Republicans calling for more exports of natural gas.

Roll Call

Invasion reignites debate over the future of energy - Roll Call

Republicans and Democrats are clashing over what type of energy future the U.S. should pursue in light of Russia’s ongoing attack of Ukraine.

Reuters

Putin wants 'unfriendly' countries to pay for Russian gas in roubles

Russia will seek payment in roubles for gas sold to "unfriendly" countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region's energy crunch.

The Hindu

Andhra Pradesh: TTD mulls switching to energy-efficient fans

LED lighting and roof-top solar panels on the cards

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Tribune News Service

Energy Department funds lithium battery job training pilot programs

The U.S. Department of Energy will spend $5 million to fund pilot training programs for jobs in lithium battery manufacturing, the agency announced Friday.

Bangkok Post

Plan aims for 50% renewable by 2050

The government looks set to create a new national power development plan to increase the proportion of renewable energy used to generate electricity to 50% of all energy types by 2050.

Bangkok Post

More subsidies coming as oil crisis hits poor

The government plans to roll out measures including additional subsidies on liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) to help alleviate the impact of soaring energy prices on low-income earners.

Asharq Al-Awsat

Lebanon Cabinet Approves Electricity Reform Plan

Lebanon's Cabinet on Wednesday approved a plan to reform and restructure the country's crippled electricity sector, a main condition of Western donors and the World Bank to provide financing for regional deals to increase the country's power supply. Al Jadeed TV reported that the Cabinet had endorsed the plan with…

Bangkok Post

Thailand seeks more LNG supply

A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar.

Irish Mirror

Taoiseach warns Government can only do so much to help spiralling energy costs

He said the Irish Government can only do so much to help people with the spiralling costs and can’t continue to hand out financial support packages to ease the burden

ABC News

Petrol prices will be pushed up by new minimum fuel stock laws, according to watchdog, but Minister disagrees

From July the federal government will require fuel importers to maintain minimum levels of petrol, diesel and jet fuel — but despite advice from his own department, the Energy Minister denies it will push petrol prices up further.

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