The Latest Breaking News from Energy

Projected cumulative energy demand from March to May has been put at 20,143 MU

Saudi Aramco has discovered several new natural gas fields, the Saudi Press Agency reported on Sunday, citing Energy Minister Prince Abdulaziz bin Salman. The fields were found in the central area of the kingdom, in the Empty Quarter region, near northern border and in the eastern region, he said, according…

Major oil countries have stressed the need to adhere to the OPEC+ agreement, due to its paramount importance in balancing the energy market and avoiding future uncertainties. This came during the International Petroleum Technology Conference 2022 (IPTC), which kicked off in Riyadh on Sunday, with the participation of experts and…

State given a target of 6.68 Mtoe of energy savings by 2030, says BEE

A draft reform of Lebanon’s crippled power sector seen as vital to addressing its financial crisis envisages an “immediate” hike in electricity prices, for the first time in three decades, and $3.5 billion investment to secure 24-hour power by 2026. The blueprint, dated February 2022 and seen by Reuters, was…

NSW Treasurer and Energy Minister Matt Kean says more than 3700 future industry jobs will be created in response to the closure of Eraring power station.

Energy experts have hosed down concerns the early closure of Eraring coal-fired power station near Newcastle could spark electricity price spikes and throw the security of the grid into peril.

Closing the country's biggest coal-fired power station seven years early could cause job losses and a spike in electricity prices, the NSW energy minister says.

Simon Forrest said the new project put Shetland 'at the forefront of the green energy revolution'