An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of South Asia may soon worsen as more fuel suppliers avoid selling oil to these nations.
Every UK prime minister expects to face challenges. Few would imagine that they might have to spend billions of pounds to make sure people don’t freeze in their homes during winter.
A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency.
Approval of the Shell Jackdaw gas field in the North Sea is now “imminent”, according to a newspaper report.
As many as four in 10 people in Britain could fall into fuel poverty in October, energy bosses warned, as they called for more support from the Treasury for vulnerable households.
OPEC and its allies once again stood back from the crisis engulfing oil markets, refusing to deviate from their schedule of gradual production increases as the U.S. considered an unprecedented release from emergency crude stockpiles.
Offshore wind developers have been told they need to slash the amount of time it takes to build projects.
Oil and Gas Authority (OGA) chairman Tim Eggar has added his name to the list of those opposed to a windfall tax on North Sea companies.
UK energy prices will be “vulnerable” to the impacts of Russia’s threatened invasion of Ukraine, trade body Oil and Gas UK (OGUK) has warned.
How hard will energy-starved Europe be hit by a potential Russian invasion of Ukraine? It depends on how President Joe Biden reacts.
A North Sea windfall tax has been put forward as a means of easing the impact of soaring energy costs on UK consumers.
Putting the latest failed energy supplier under a “special” administration will help to avoid a further collapse at another supplier, a Scottish insolvency expert has said.
A weather phenomenon that typically delivers harsher winters is on the way and expected to add to Asia’s energy crisis.
Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
Progress towards a clean energy system is “still far too slow” to be compatible with net zero by 2050, a report has claimed.
The UK could store enough power in underground reservoirs during the summer to get it through winter in future, according to a report which backs hydrogen technology.
Cooler weather is set to increase demand for heating across Europe from next week adding pressure to already strained energy markets where price moves have become extremely volatile.
China is urging its liquefied natural gas (LNG) importers to procure more supply to fix its energy crisis, while providing little financial support for firms paying record-high rates for the super-chilled fuel.
European gas prices surged again, bringing their gains over just two days to 60%, as the impact of soaring energy costs rippled through equity and bond markets and the European Union sounded the alarm.
European energy prices soared to fresh records amid worsening fears over supply, with UK natural gas futures exceeding the threshold of 300 pence a therm for the first time ever.
Oil steadied in Asian trading after rallying to the highest level since 2014 following a decision by OPEC+ to maintain its planned gradual increase of supply, despite the market facing an energy crunch.
China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities -- energy security -- that could have ramifications for the power system for years to come.
China’s central government officials ordered the country’s top state-owned energy companies -- from coal to electricity and oil -- to secure supplies for this winter at all costs, according to people familiar with the matter.
Britain is facing the prospect of an energy supply crisis which will see customers having to pay for a higher level of reliability, it has been reported.
Oil tycoon Sir Ian Wood has accused Scottish ministers of being in denial over their belief that the country's energy needs can be met from renewable sources.