Energy Industry News

A collection of Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

theaustralian.com.au - Perry Williams - Energy industry demands clarity on climate
Energy industry demands clarity on climate
THE AUSTRALIAN

Ahead of the election on Saturday, the Australian Petroleum Production and Exploration ­Association said it was wary of any anti-fossil-fuel rhetoric given the $500bn investment the industry has provided to the economy. APPEA chairman Ian…

wsj.com - Bojan Pancevski - How Germany Is Curing Its Dependence on Russian Energy
How Germany Is Curing Its Dependence on Russian Energy
Wall Street Journal

WILHELMSHAVEN, Germany—Days after taking office as Germany's vice chancellor and economy minister in December, Robert Habeck asked his most senior officials for a detailed assessment of his country's dependence on Russian energy. The result…

mirror.co.uk - August Graham, Kieren Williams - UK inflation hits worrying nine per cent as cost of food and energy rockets
UK inflation hits worrying nine per cent as cost of food and energy rockets
mirror

UK inflation has hit a worrying nine per cent - the highest rate for 40 years - as the cost-of-living crisis continues to batter UK households. Official figures released today confirm earlier predictions that inflation has reached nine per cent as…

cnn.com - By Natasha Bertrand  - US to ease some energy sanctions on Venezuela
US to ease some energy sanctions on Venezuela
CNN

(CNN) The Biden administration will begin to ease some energy sanctions on Venezuela to encourage ongoing political discussions between President Nicolas Maduro and the opposition, two senior administration officials told CNN. The first step, to be…

reuters.com - Shariq Khan - Billionaire John Arnold backing energy-focused credit fund - sources
Billionaire John Arnold backing energy-focused credit fund - sources
Reuters

May 17 (Reuters) - John Arnold, a former Enron trader and hedge fund honcho known as the 'king of natural gas', is backing an energy-focused credit fund that will aim to take advantage of commodity prices at multi-year highs, sources familiar with…

ft.com - James Fernyhough - Russia to permanently 'decouple' with west on energy, gas producers say
Russia to permanently 'decouple' with west on energy, gas producers say
Financial Times

Chevron and Woodside executives predict Moscow's exclusion will benefit US and Australian producers Receive free Oil & Gas industry updates We'll send you a myFT Daily Digest email rounding up the latest Oil & Gas industry news every morning.

dallasnews.com - Dallas Morning News  Editorial - Texas' energy pipelines are creating an unfair market
Texas' energy pipelines are creating an unfair market
Dallas News

When the lights went out across Texas last year, a lot of people and businesses lost money. But one group of companies profited: pipelines. All consumers are now responsible for the $3.6 billion cost of emergency power that we will pay on our…

businessinsider.com - Phil Rosen - Russia will likely be shut out permanently from global energy markets
Russia will likely be shut out permanently from global energy markets
Business Insider

Top execs from Chevron and Woodside Petroleum predicted Russia will be cut off from global energy markets. Once the EU weans off Russian supplies, Moscow is unlikely to be able to participate again, they said. 'The move has not been an energy move…

phys.org - Science X staff - A new law unchains fusion energy
A new law unchains fusion energy
Phys.org

Physicists at EPFL, within a large European collaboration, have revised one of the fundamental laws that has been foundational to plasma and fusion research for over three decades, even governing the design of megaprojects like ITER. The update…

ft.com - Jim Pickard - Sunak warns UK energy companies of potential windfall tax
Sunak warns UK energy companies of potential windfall tax
Financial Times

Pressure on chancellor grows as Labour forces Commons vote on levy Receive free Cost of living crisis updates We'll send you a myFT Daily Digest email rounding up the latest Cost of living crisis news every morning. Rishi Sunak has stepped up his…

greenpeace.org - 'Russian doll' gas and nuclear lobbying threatens EU energy independence - new research - Greenpeace European Unit
'Russian doll' gas and nuclear lobbying threatens EU energy independence - new research - Greenpeace European Unit
Greenpeace

Russian fossil gas and nuclear firms could earn billions more thanks to EU taxonomy ‘green' label Brussels, 17 May 2022 – Russian energy firms Gazprom, Lukoil and Rosatom used lobbying connections reminiscent of nesting Russian dolls…

bloomberg.com - Eyk Henning - Siemens Energy Is Said to Plan Buyout Offer for Siemens Gamesa
Siemens Energy Is Said to Plan Buyout Offer for Siemens Gamesa
Bloomberg

Siemens Energy AG is planning a bid for the shares of Siemens Gamesa Renewable Energy SA it doesn't already own, a long-speculated step in its efforts to turn around the Spanish wind turbine maker, people familiar with the matter said. Siemens…

nasa.gov - mars.nasa.gov - NASA's InSight Still Hunting Marsquakes as Power Levels Diminish - NASA's InSight Mars Lander
NASA's InSight Still Hunting Marsquakes as Power Levels Diminish - NASA's InSight Mars Lander
NASA

Dusty solar panels and darker skies are expected to bring the Mars lander mission to a close around the end of this year. NASA's InSight Mars lander is gradually losing power and is anticipated to end science operations later this summer. By…

bloomberg.com - Eric Roston - Energy Investors Back Startup That Halves Electric-Motor Size, Weight
Energy Investors Back Startup That Halves Electric-Motor Size, Weight
Bloomberg

Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production. Electric motors are the ubiquitous workhorses of modern life that the…

thehill.com - Zack Budryk - Renewable energy industry warns of 'concerning' impact of regulatory uncertainty
Renewable energy industry warns of 'concerning' impact of regulatory uncertainty
The Hill

Regulatory uncertainty could restrain the growth of the renewable energy industry in the coming years, according to a trade group's annual report. In its 2021 report, released Tuesday, the American Clean Power Association said about 10 gigawatts…

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