The Latest Breaking News on Energy

Italy's main business lobby group Confindustria is in talks with the government about potential gas rationing, the head of the organisation said on Monday.

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's "energy war" with Russia took a growing toll.

Australian petrol prices have plunged to an eight-month low over the past week, delivering much needed cost of living relief to motorists.

“It is seen that apart from under construction coal-based capacity of 25GW, the additional coal-based capacity required till 2031-32 may vary from 17 GW to around 28 GW,” CEA said in a draft national electricity plan

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

The European Union is set to unveil a package of proposed emergency measures this week including a windfall profit levy on energy firms, but countries are split over the details and whether to impose a cap on gas prices.

Fighting near the plant, one of the 10 biggest atomic power stations in the world, has fuelled fears of a nuclear disaster like the one that took place at Chernobyl in 1986.

The Lebanese Central Bank has lifted its remaining subsidies on fuel

Saudi Arabia has been able to score higher than other hydrocarbon producers in many indicators related to the emissions performance of the oil and gas sector. Over the past year, the six Gulf Cooperation Council (GCC) countries have updated their medium-term greenhouse gas emissions targets by submitting revised nationally determined…

Iran has agreed to release the crews of two Greek tankers it seized in May in the Gulf in response to the confiscation of oil by the United States from an Iranian-flagged tanker in Greece, the Greek union of commercial ships' seafarers said. The case has strained relations between Athens…

The cabinet is expected to approve measures to curb the rising price of energy at its weekly meeting on Tuesday, according to Energy Minister Supattanapong Punmeechaow.