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The Latest Breaking News on Energy

Biden to oil industry: Don't raise prices as hurricane nears

President Joe Biden is warning the oil and gas companies against increasing prices for consumers as Hurricane Ian nears landfall along Florida’s southwest coast

The Independent UK

Nord Stream blasts could herald new phase of hybrid war, say EU politicians

Norway to make military visible at oil and gas installations as bloc rounds on Russia for suspected act of sabotage

The Guardian - UK

'Decarbonisation is too expensive' – how to sell climate change action to bean counters

The three most prevalent myths about tackling climate change allege that transitioning to renewable energy jacks up household bills, requires massive amounts of government subsidy and creates mass unemployment. These concerns are all (thankfully) false.

The Conversation

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New report: Oil spills from offshore transportation way down

A new government report says oil spills from tankers and pipelines in U.S. dropped dramatically from the last decade of the 1990s to the one from 2010 through 2019

The Independent UK

Biden warns oil and gas industry against using Hurricane Ian to raise prices: ‘There is no excuse’

Mr Biden says he will order officials to investigate any instances of price gauging as a result of the hurricane

The Independent UK

EU seeks trade sanctions on Russia over 'sham' Ukraine votes

European Union officials say the 27-nation bloc should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukraine

The Independent UK

Nord Stream 1 pipeline ‘feared to be unusable forever’ as EU suspects sabotage

The leaks will continue until the gas in the pipelines is exhausted, which should take ‘at least a week’

Evening Standard

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EU executive proposes eighth batch of sanctions against Russia

The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, more individual blacklistings and an oil price cap for third countries.

Reuters

Orsted signs 'industry first' wind farm contracts with SeAH and Spanish fabricator for Hornsea Three

Monopile manufacturing goes to UK arm of South Korean steel giant SeAH and Bilbao-based Haizea Wind Group

Birmingham Post

Labour is right: it’s time for Britain to profit from its own renewables

The proposals would ensure the power of our wind and waves is harnessed for everyone – not just foreign governments and multinationals, says Mathew Lawrence of the Common Wealth thinktank

The Guardian - UK

Nord Stream pipeline leaks were act of sabotage, EU says

"These incidents are not a coincidence and affect us all."

Axios

Spike in oil price breaking India's back: Jaishankar

India is deeply concerned over the spike in the price of oil due to the Russia-Ukraine conflict and it is "breaking our back," External Affairs Minister S Jaishankar has said. Read more on Dynamite News:

Dynamite News

Norway to deploy military to protect its oil and gas installations

Norway will deploy its military to protect its oil and gas installations against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked, the prime minister said on Wednesday.

Reuters

Plummeting pound will see cost of a tank of petrol or diesel rise by up to £3

The grim prediction comes despite fuel prices at UK forecourts falling to their lowest level since mid-May, according to figures by the Department for Business, Energy and Industrial Strategy

Daily Mirror

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The Guardian - UK

Revealed: 5,000 empty ‘ghost flights’ in UK since 2019, data shows

Exclusive: A further 35,000 flights have operated almost empty, with climate campaigners calling the revelations ‘shocking’

The Independent UK

Trump asks to head up group to negotiate with Putin in response to Nord Stream leaks

The former president claimed that the Russian invasion of Ukraine would not have happened if he were in the White House

The Guardian - UK

Gas prices rise in Europe as fears grow Russia may halt supplies via Ukraine

Threat of sanctions from Gazprom adds to turmoil caused by damage to Nord Stream pipelines in Baltic Sea

The New Daily

Smart Australian technologies that will help us reach net-zero emissions by 2050

Australia has signed up to the challenge of reaching Net Zero emissions by 2050 and to achieve that we will need to do things differently

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Reuters

Cuba slowly begins to restore power after Hurricane Ian knocks out grid

Cuba had restored power to at least some consumers in the majority of its provinces, the state electricity provider said Wednesday, after Hurricane Ian caused the country's grid to completely collapse, turning off the lights for 11 million people.

Evening Standard

Great British Energy Company: Sir Keir Starmer’s plans for a nationalised energy company

Sir Keir Starmer’s key promise at his Labour Party Conference address was to create a nationalised energy company

Daily Mirror

How Vladimir Putin could have carried out Nord Stream pipeline sabotage attack

Gas is gushing into the Baltic Sea after three explosions on the Nord Stream 1 and 2 pipelines - which run gas supplies from Russia to Germany - in what appears to be sabotage

Daily Record

Stirling family's frustration after being left without electricity in smart meter blunder

Gas engineer had been "shocked to learn" that electricity meter in mum Claire McRuvie's Raploch house was not the one on her bill.

Al Jazeera

EU, NATO say Nord Stream gas pipelines were sabotaged

As gas continues to spew into the Baltic Sea the cause remains far from clear, but some are pointing at Russia.

Radio France Internationale

EU suspects sabotage in mysterious Russian gas pipeline leak

The European Union believes sabotage is the most likely cause of leaks in two Baltic Sea gas pipelines between Russia and Europe, with EU chief Ursula Von der Leyen threatening the "strongest possible response".

Reuters

Western official: Leaks in Nord Stream pipelines very serious, highly suspicious

Leaks in the Nord Stream pipelines from Russia to Europe are a very serious development and highly suspicious, but a full investigation is needed to establish what happened, a Western official said on Wednesday.

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