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The Latest Breaking News from Energy

Kemi Badenoch to launch ‘Get Britain Drilling’ campaign amid living cost hikes

The Conservatives will put the campaign at the heart of their proposals for bringing down the spike in energy prices.

Evening Standard

An uneasy mix of celebration and anxiety dominates the ‘Davos of energy’ as the month-long Iran war further disrupts the global economy

The longer the Iran war lasts the more long-term demand destruction, inflation, and a global recession take hold.

Fortune

Nvidia Is Doubling Down on the Energy Industry with SLB. Does That Strengthen the NVDA Bull Case Now?

Nvidia has expanded its partnership with the energy company to build AI infrastructure for the sector.

Barchart

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Russia Confirms It's Sending Oil To Cuba In Defiance Of U.S. Blockade: 'We Are Providing Humanitarian Support'

Russian Energy Minister Sergei Tsivilev confirmed that the country is sending fuel to Cuba, effectively defying the U.S. blockade on the island's private sector.

Latin Times

Instability rocks Houston energy summit as Iran war, AI jolt oil markets

It's a split screen of oil markets upended by the Iran war and an AI-supercharged power sector.

Axios

Keir Starmer accused of bailing out those on benefits instead of reducing bills

Conservative leader Kemi Badenoch claimed the Prime Minister is at fault for rising energy costs.

Evening Standard

Energy executive tapped to replace Mullin in the US Senate after his DHS promotion

Mullin would have been up for reelection in November

The Independent UK

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Climate Activists Confront Iran War Profiteering at Big Oil Confab in Houston

Meanwhile, the U.S. energy secretary tries to soothe an anxious American oil industry, urging them to ramp up production amid shock to global markets.

Texas Observer

The Oil Crisis You Haven't Heard About: Why Vietnam, Bangladesh, and the Philippines Face an Energy Emergency

The US-Israel-Iran conflict impacts global oil markets, causing fuel shortages in Southeast Asia. Discover how Vietnam, Bangladesh, and the Philippines manage the crisis and its effect on supply chains and oil prices.

International Business Times UK

UK warned it must ‘urgently’ drill in North Sea to boost oil and gas supplies

A new report from OEUK urges the British Government to safeguard the nation's energy supply amid global instability

The Independent UK

Heat pumps for all new homes and shops to get plug-in solar in green tech push

It is the latest in a series of announcements from the Government doubling down on its clean energy drive in response to the Iran war.

Evening Standard

Lidl to sell plug-in solar panels in government push to cut energy bills

Shoppers could soon see solar panels in the ‘middle of Lidl’ aisle as the government pushes green energy in response to soaring fossil fuel prices

The Independent UK

Over 400 million barrels will be added to the oil market soon – what are strategic reserves and what can they do?

In the second week of the Iran war – with the Strait of Hormuz effectively closed, cutting off shipping of 20% of the world’s oil supply – the International Energy Agency announced the largest release of strategic oil reserves in history. Thirty-two countries will sell a combined 412 million barrels…

The Conversation

Keir Starmer to chair Cobra meeting after Donald Trump call on Iran crisis

The Prime Minister and the US president agreed reopening the Strait of Hormuz was ‘essential’ to stabilise a global energy market.

Evening Standard

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Evening Standard

Keir Starmer to hold Cobra meeting as Iran war economic fears grow

Ministers will discuss energy security and the resilience of industry and supply chains.

AAP

No welcome mat for thirsty, energy-hungry data centres

Priority treatment will be afforded to water- and energy-conscious data centres, though some critics want stricter rules on technology companies.

The Independent UK

Trump officials announce 10-gigawatt data center, gas plants for former Ohio uranium site

The U.S. Department of Energy has announced a public-private partnership with SoftBank and AEP Ohio to develop a massive artificial intelligence data center and power complex at a former uranium enrichment site in southern Ohio

AAP

Labor considers windfall gas tax amid Iran price spike

A new tax on extraordinary gas profits caused by the Middle East conflict could raise an extra $27 billion per year for the federal budget, advocates say.

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news in one place.

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Barchart

The 2 Top Energy Stocks to Buy Now for Shelter in the Oil Price Storm

As oil supply disruptions return to center stage, these two energy stocks could emerge as timely winners in a shifting market landscape.

Euronews

‘Sheer fantasy’: Why drilling the North Sea for oil won’t lower Europe’s soaring energy bills

Escalating conflict in the Middle East has emboldened calls for the UK to open up North Sea drilling licences.

The Independent UK

Iran war underscores risks of Trump's relentless focus on oil

The Iran war is underscoring the risks of President Donald Trump’s relentless focus on fossil fuels as he pursues what he calls American energy dominance

The Conversation

Albanese government appoints fuel coordinator as ACCC investigates major suppliers’ conduct in regional Australia

The federal government has appointed Anthea Harris, former chief executive of the Australian Energy Regulator and of the Energy Security Board, as Coordinator of a new Fuel Supply Taskforce.

Evening Standard

Ed Miliband calls for fairness in business energy contracts amid Iran crisis

Mr Miliband said pricing needs to be ‘fair, transparent and fully justifiable’.

The Guardian - AU

Australia is too dependent on fuel imports – what could be done about it?

The government has a roadmap to electrify transport and support alternative fuels by 2050, but the war in Iran and soaring prices means a plan is needed in weeks, not decades

The Guardian - AU

Morning Mail: crude spikes as Israel hits major gasfield, the driveways that ate Sydney, flight of the fashionistas

Tehran vows to strike at energy facilities after Israel hits main gasfield; study shows how housing redevelopments have halved the size of front yards

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