Tuesday, August 18, 2026

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Energy




Bureaucrats say NZ has ample fuel reserves amid Middle East tensions

Government officials and fuel retailer Z Energy have sought to reassure the public that New Zealand has sufficient fuel reserves despite escalating conflict in...

Power bills set to rise as network costs push prices higher

Meridian Energy says household electricity bills could increase by up to seven percent this year, driven largely by rising lines and transmission charges rather...

Government sleepwalking into energy crisis? – NZOFP

Yesterday the New Zealand government made a weak and hopeful energy announcement proposing to urgently build a new billion dollar LNG infrastructure, says the...

The return of the atom: Survival of nations means embracing energy realism

No ideology can stand up to literal power. Countries that generate it survive. Energy policy reveals the true structure of power. Liberal speeches are filled...

The EU is addicted to American economic punishment

The bloc’s dependence on US natural gas is reportedly on its way to 80%. An American think-tank has some bad news for Europe. Just as...

Why American Big Oil isn’t buying the Venezuela ‘victory’

Despite all the effort and fanfare, the kidnapping of Maduro wasn’t quite the regime change expected – and top energy executives know this. Everything has...

Kiev mayor urges residents to leave city

Vitaly Klitschko has reiterated his appeal for residents with alternative accommodation to temporarily leave the Ukrainian capital amid an energy crisis. Kiev Mayor Vitaly Klitschko...

IAEA announces Russia-Ukraine ceasefire for Zaporozhye nuclear plant

The agreement with Moscow and Kiev will enable repair work on the last remaining backup line, the agency has said. The International Atomic Energy Agency...

Government to toughen electricity market rules

The Government plans to strengthen the Electricity Authority, increasing penalties and enforcement powers in a bid to ease pressure on household power bills and...

‘Open Electricity reforms’ aim to cut power costs for consumers

The Government has confirmed the retail electricity sector will be brought under the Customer and Product Data Act, a move it says will make...

Trump says U.S. could control 55% of world oil with Venezuelan deal

U.S President Donald Trump has said the United States could control more than half of the world’s oil production if American companies get back...

Russia-bound oil tanker hit by drone attack in Black Sea

A commercial oil tanker heading to Russia’s Black Sea port of Novorossiysk was attacked this week, according to maritime industry reports. Lloyd’s List said the...

Wind turbine replacements to cost trillions by 2050

A looming second wave of the global energy transition could place unprecedented strain on resources, supply chains, and public finances, as most of today’s...

Marlborough Sounds communities set to regain local fuel supply

Communities in the outer Marlborough Sounds will soon regain access to a local petrol supply after a $350,000 grant was approved from the Regional...

Climate extremists claim responsibility for major German blackout

A large-scale power outage has left five districts in southwestern Berlin without electricity, affecting up to 50,000 households and more than 2,000 businesses, as...

AA backs NPD–Gull merger to bring lower fuel prices

The Automobile Association (AA) says a proposed merger between fuel retailers NPD and Gull could put downward pressure on petrol prices if approved by...

BP sells majority of Castrol in $6bn deal as it refocuses on oil and gas

Energy giant BP has agreed to sell a 65% stake in its Castrol motor oil business to US investment firm Stonepeak in a deal...

NPD and Gull merger plan will form largest independent fuel network

Fuel retailers NPD and Gull have announced plans to merge their nationwide operations, creating what they say would be New Zealand’s largest independent, majority...

Iran blocks IAEA inspections at bombed nuclear sites

Iran says it will refuse inspections by the International Atomic Energy Agency (IAEA) at nuclear facilities damaged by recent air strikes until the agency...

Satellite heat maps reveal growing strain from AI and crypto data centres on global power grids

Surging demand from artificial intelligence and cryptocurrency mining is driving a rapid expansion of energy-hungry data centres, placing mounting pressure on electricity grids around...

India moves to open nuclear power industry to private investment

India has passed new legislation allowing private companies to enter its nuclear power sector, marking a major shift in the country’s energy policy. The lower...

Renowned cheap energy scientist shot dead

A homicide investigation has been launched into the shooting of renowned fusion energy scientist Nuno F. G. Loureiro. Loureiro, 47, a professor at the Massachusetts...

Government to overhaul hydrogen safety rules

The Government has agreed to update health and safety regulations governing the hydrogen sector, saying the changes will remove unnecessary barriers while 'maintaining strong...

Japan funds solar power systems to strengthen Tonga’s disaster warning network

Japan and Tonga have signed a new agreement aimed at boosting the Pacific nation’s disaster resilience through the installation of solar-powered infrastructure to support...

U.K. councils wasted nearly £2bn on ‘poor energy deals’

Hundreds of UK local councils have overspent almost £2 billion on energy in the past three years due to inefficient procurement, with three-quarters paying...

Tekapo power scheme becomes first renewable project approved under ‘fast-track law’

Infrastructure Minister Chris Bishop and Regional Development Minister Shane Jones have hailed the approval of Genesis Energy’s Tekapo power scheme as the first renewable...

India to keep buying Russian Oil despite U.S. pressure, says state refiner

India’s state-owned Indian Oil Corporation (IOC) says it will continue importing Russian crude oil as long as purchases comply with international sanctions. “We are absolutely...

Jones to promote NZ’s mining and geothermal potential overseas

Resources Minister Shane Jones will embark on an international mission to attract investment and partnerships in New Zealand’s mining and geothermal sectors, attending three...

Maduro offered US sweeping economic concessions – NYT

Venezuela was ready to give Washington a stake in its oil sector to de-escalate tensions, sources told the paper. Venezuela has offered the US sweeping...

Is Africa becoming a solar panel graveyard?

The development of the energy sector is successful in the countries that invest in infrastructure, while prioritizing gas and hydropower. Africa is rapidly becoming one...

Union urges politicians to back public ownership of electricity gentailers

The New Zealand Council of Trade Unions (NZCTU) is urging political parties to adopt a bold policy to bring the country’s electricity gentailers back...

Jones revives gas exploration with new permit pathways

Petroleum operators can once again apply for new prospecting and exploration permits beyond onshore Taranaki, enabling the work needed to grow New Zealand’s dwindling...

AI fuelling energy price rises in US – FT

Surging bills undercut President Donald Trump’s vow to ease pressure on American consumers, according to a report. Booming demand from artificial intelligence (AI) has been...

Business and consumer groups urge Luxon to fix ‘broken’ energy market

A powerful coalition of business and consumer organisations has issued a public plea to Prime Minister Christopher Luxon to overhaul New Zealand’s "broken" energy...

Iraq warns of $300 per barrel oil

The escalating conflict in the Middle East could send the commodity skyrocketing – Foreign Minister. Escalating tensions in the Middle East and a potential closure...

Israel-Iran conflict shakes oil markets and global supply chains

Rising tensions between Israel and Iran, marked by military strikes and retaliations, have disrupted global trade and sent oil prices surging. Flights to Tel Aviv...

Government targets infrastructure, energy shortfalls with major RMA overhaul

The Government has announced a sweeping overhaul of planning rules under the Resource Management Act (RMA) aimed at tackling New Zealand’s infrastructure deficit and...

Transpower warns of increased blackout risk from 2026

Transpower’s latest draft Security of Supply Assessment warns that the risk of electricity shortages in New Zealand will rise from winter 2026—four years earlier...

Iran pitches ‘joint nuclear venture’ with US – NYT

The Islamic Republic has reportedly proposed an alternative to Trump’s demand that it halt uranium enrichment. Iran has proposed setting up a joint nuclear enrichment...

Oil price hits four-year low

Crude prices have dropped below $64 per barrel as US-China trade tensions fuel fears of a recession. Oil prices tumbled over 3% on Monday, deepening...

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