Energy Crisis

1972-2022: Germany’s relations with Bahrain, Oman and the United Arab Emirates German Federal Foreign Office (Press Release)07:05
How will the cost-of-living crisis affect my mortgage repayments? East Anglian Daily Times, Suffolk07:32
Democrats urge Biden to boost oil, gas drilling amid energy crisis The Daily Caller04:11
Oil prices hit 5-week high as OPEC shrugs off EU Russia crude ban, keeps output plan in place Lexington Herald-Leader, Kentucky14:42
UK town where the cost of living crisis has seen locals' energy bills quadruple Mirror.co.uk14:18
Europe's gas supply crisis worsens as Russia imposes sanctions CGTN18:45
Europe may face LNG crisis this winter OilPrice.com19:09

Latest News

In the last half-hour

Big Oil investors exploit energy crisis to make “obscene profits” whilst stalling climate action The Price of Oil (Press Release)13:33

In the last hour

Indonesia’s Palm Oil Export Ban Leads to Farmer Protests Amid Surging Prices The Epoch Times13:19

India threatens to curb domestic coal supply if utilities delay imports The Times of India13:05

Inflation Hits 40-Year High On Rising Food And Energy Prices NamNews12:59

No fixed shutdown sequence for gas users in case of supply shortage – regulator Clean Energy Wire12:57

In the last 2 hours

High street bosses plead for crisis cash to help with dramatic energy bill hikes City AM12:53

Time for Canada to commit to nuclear power Policy Options12:46

UK inflation surges to 40-year high on soaring energy costs The New Arab12:45

Sri Lankan fuel stocks slump as currency crisis worsens Argus Media12:44

Long lines for gas... Sri Lanka Daily Mirror12:29

PMQs: Boris Johnson dodges backing energy windfall tax to deal with cost-of-living crisis The Scotsman12:28

Forex shortage hits Malawi hard Nyasa Times12:13

In the last 4 hours

Inflation at 40-year high and yet more pain on the way Evening Standard11:39

Petrol and diesel prices hit new record highs as fuel duty cut cancelled out The News, Portsmouth11:29

One in four young adults say cost of living crisis is their main cause of anxiety Essex Live11:23

Statement by Foreign Minister Annalena Baerbock prior to departing for New York German Federal Foreign Office (Press Release)11:07

Romania tweaks tax law to spur offshore Black Sea gas investments Investing.com11:05

Price at the pump hits record 167.64p for petrol and 180.88p for diesel Mail Online11:00

Wanted: Ofgem head of price cap policy The Spectator10:42

The insanity of flaring during a global gas crisis Energy Monitor10:38

Prices for soybean and sunflower oil in Ukraine are falling under the pressure of ... UkrAgroConsult10:29

DEPA Commerce: The projects that make Greece an international gas hub To Vima10:22

Harlow MP Robert Halfon describes oil bosses as “new oligarchs” Your Harlow10:19

Labour to force vote on emergency budget as UK inflation soars to 9% The Guardian10:10

Tories are beginning to see an energy windfall tax as a “no brainer” New Statesman10:00

In the last 6 hours

Dire Climate Report Prompts UN Official to Ask Rich Countries to Share Energy Tech BNN Bloomberg09:43

S. Korea to boost monitoring of cooking oil supplies over shortage woes Yonhap News Agency09:33

Budget 2022 Must Honour "Nuclear-free Moment" Scoop09:20

‘Lifeline’ of renewable energy can steer world out of climate crisis: Guterres United Nations (Press Release)09:18

Live / Liz Truss suggests Tory response to cost of living crisis should be tax cuts, not… The Guardian09:13

Al Gore's Investment Firm Unveils $1.7 Billion Sustainable Fund BNN Bloomberg08:32

Asda, Costco, Sainsbury's: Cheapest places for petrol in and around Liverpool today Liverpool Echo08:30

In the last 8 hours

UK inflation surges to 40-year high of 9% in April, as soaring energy and food prices deepen… Business Insider07:56

Demand for sustainable properties growing as energy crisis intensifies Property Reporter07:42

U.K. inflation surges to 40-year high of 9% in April MarketWatch07:18

UK inflation jumps to 40-year high of 9% as food and energy prices spiral CNBC07:16

UK inflation hits 40-year high of 9% as energy costs rocket The National07:15

Two freezer tricks and odd window advice to cut energy bills during heat Essex Live07:09

UK inflation hits 40-year high of 9% as cost of food and energy rockets Mirror.co.uk07:08

Live / UK inflation hits 9% in April as energy bills soared – business live The Guardian06:46

The Return of Global Inflation: A Threat to Our Interdependent World? Modern Diplomacy06:15

Earlier today

EUR/USD to parity FXstreet05:53

India’s coal crisis exposes poor management and forecasting Quartz05:51

Would you ditch your car and start catching the bus? Leeds Live05:33

US coal companies' prospects challenged by Europe shortage The National05:03

Struggling dad forced to keep lights and heating off as energy bills skyrocket Daily Record04:52

Modi’s LPG scheme cut indoor pollution, but outdoor pollution still a crisis, Lancet panel says ThePrint04:05

The Ringleader of Posing a “Nuclear Threat” KCNA Watch03:40

ASX 200 energy shares in focus amid frightening global supply crisis The Motley Fool (Australia)03:10

Karnataka govt likely to raise fuel prices in state Deccan Herald02:31

Airlines, marketers’ Jet-A1 supply deal crashes, product sells N612 per litre The Punch02:22

IMF talks The News International02:03

How to keep energy costs down as temperatures rise Evening Standard00:11

Suspension of duty on basic goods excites consumers The Herald00:03

Yesterday

G7 Russia Oil Ban: Not As Simple As Advertised Eurasia Review23:30 17-May-22

Report: US Gas Prices Could Double Soon, Amid Potential Supply Shortage NewsMax23:11 17-May-22

AP Interview: Scottish leader stresses independence, NATO Miami Herald22:24 17-May-22

Environmentalists oppose more life for California nuke plant The News Tribune, Washington22:13 17-May-22

Biden Turns To Venezuelan Dictator For Oil The Daily Caller22:10 17-May-22

Indonesia’s palm oil ban is hurting its own people the most Popular Science22:05 17-May-22

Oil Crisis Without Precedent Sets Off Murky Future Energy Intelligence21:54 17-May-22

Demand: China, Sticky Inflation Take Wind Out of Recovery Energy Intelligence21:54 17-May-22

'Climate Wars:' How Australia wasted a decade to act against climate change CNN21:16 17-May-22

Voltus Readies Nearly 500 MWs of Distributed Energy Resources (DERs) for Projected Midcontinent … Business Wire (Press Release)21:06 17-May-22

Environmental groups oppose longer life for CA nuclear plant The Charlotte Observer21:01 17-May-22

Homeowners want government support to increase affordability of sustainable properties BestAdvice19:57 17-May-22

Spain receives Qatar’s emir amid global energy crisis Anadolu Agency19:39 17-May-22

Look Ahead to the Week of May 16: Infant Formula Shortages, Rising Gas Prices, and Aid to Ukraine JD Supra19:01 17-May-22

‘Green Energy’ boardroom crisis: Aggrieved directors reject chairman’s interim proposal Blueprint Newspapers18:38 17-May-22

Ukraine removes fuel price restrictions to increase supply - economy minister Reuters18:28 17-May-22

Europe Sharpens Focus on Energy Efficiency Energy Intelligence18:20 17-May-22

How rising gas prices and staffing shortages could impact summer travelers CBS News18:13 17-May-22

Nationalising energy — a wildly popular policy no one's pushing yet Morning Star17:52 17-May-22

How NZ could become a world leader in decarbonization using forestry and geothermal technology Tech Xplore17:03 17-May-22

Technocratic Solutions to Climate Change Observer Research Foundation16:53 17-May-22

Kenney pitches Alberta’s oilsands as the answer to U.S. energy woes Digital Journal16:38 17-May-22

Petrol firms ‘profiteering from energy crisis’ with fuel duty cut The Independent16:37 17-May-22

Governor Lamont Signs Key Climate Change and Energy Legislation Codifying Into Law His 2040 Zero-Carbon Target and… Connecticut Governor (Press Release)16:19 17-May-22

Ukraine crisis threatens climate goal if coal returns, MSCI says Reuters16:17 17-May-22

Intermediary EU gas storage targets 'essential' tool during crisis: EC S&P Global Platts16:14 17-May-22

British Gas Humorously Gets to the Heart of Home Improvement Little Black Book16:13 17-May-22

Offshore rig utilisation rate even higher than reported as market continues to tighten, Westwood says Offshore Energy16:00 17-May-22

US coal companies struggle to cash in on shortages in Europe Financial Mail16:00 17-May-22

Draghi May Stave Off Italian Recession in Energy Crisis BNN Bloomberg15:25 17-May-22

Eric Nuttall: Energy stocks remain woefully undervalued despite the massively bullish backdrop Calgary Herald14:59 17-May-22

Fuel stations in Colombo put up ‘No Petrol’ posters amid economic crisis in Sri Lanka AniNews.in14:50 17-May-22

'Postcode lottery' for struggling households as they wait for £150 council tax rebate Leicestershire Live14:47 17-May-22

Boardroom crisis: Green Energy’s aggrieved directors reject chairman’s… The Nation, Nigeria14:36 17-May-22

Stuart Varney blasts 'clueless' Biden admin as gas prices hit another record high Fox News14:27 17-May-22

TAFADZWA CHIBANGUZA: Energy crisis is symptom of policy failure, and only reform will solve it Financial Mail14:15 17-May-22

Readers respond: Electrify cars to end high gas prices The Oregonian14:09 17-May-22

LIVE NOW – A revised EPBD – Faster decarbonisation of the EU’s building stock? EurActiv.com13:40 17-May-22

Can The U.S. Outlaw OPEC+? Forbes13:35 17-May-22

Spain monarchs welcome Qatari Emir as global energy crisis escalates La Prensa Latina13:11 17-May-22

Analysis-U.S. coal companies struggle to cash in on Europe crunch FX Empire12:30 17-May-22

India offered to help fix the global food crisis. Here's why it backtracked CNN12:26 17-May-22

US coal companies struggle to cash in on Europe crunch Mining Weekly12:22 17-May-22

Analysis: U.S. coal companies struggle to cash in on Europe crunch Reuters12:20 17-May-22

UK sustainable property gain – energy prices crisis e-architect12:09 17-May-22

Energy crisis pushes Nigeria’s core inflation rate to a 5-year high Nairametrics12:02 17-May-22

Renewable energy is the answer to our power crisis: Dastgir Business Recorder, Pakistan11:59 17-May-22

£150 council tax energy rebate 2022: do I need to apply, when will I get it, how to claim and… National World11:26 17-May-22

Tories pressured to vote for windfall tax to 'save 500,00 children from poverty' ITV11:17 17-May-22

What does the current global energy crisis mean for energy investment? International Energy Agency11:10 17-May-22

XPro Markets – How has the Russia-Ukraine Crisis Impacted your Investments? ForexLive.com11:09 17-May-22

Labour push Commons vote for windfall tax on oil companies to help with cost of living crisis Daily Record11:04 17-May-22

Labour bid to force vote on windfall tax on oil and gas producer profits Oldham Chronicle10:48 17-May-22

The West Should Remember Cold War-Just War Lessons of Nuclear Deterrence Providence10:48 17-May-22

Global Construction Equipment Market Report 2022: Industry is Likely to Continue Riding the… PR Newswire (Press Release)10:34 17-May-22

Biden’s Potential Next Climate Adviser Has Ties to Big Oil The Nation10:07 17-May-22

Renewable energy is the answer to our energy crisis: Dastgir Business Recorder, Pakistan10:07 17-May-22

MARTIN DE WIT: Jobless coal-and-carbon nexus is in dire need of energy-economic reform Financial Mail10:01 17-May-22

Pakistan hit by deadly cholera outbreak as heat wave grips South Asia CNN09:54 17-May-22

We’ve diesel stocks to run for over 2 weeks – NPA My Joy Online09:50 17-May-22

U.N. warns of 'catastrophic' child malnutrition due to price hikes, Ukraine war The Raw Story09:11 17-May-22

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18 May 13:33

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Energy Crisis News

The UK energy crisis emerged in 2021, as wholesale gas prices soared, threatening millions of consumers with sharply rising and possibly unaffordable bills, as well as sending energy companies bust.

The crisis is reportedly the result of several combining factors. When economies reopened after Covid lockdowns there was an uptick in global gas demand, leaving northern hemisphere countries short on gas supplies after a long, cold winter. At the same time rising demand in Asia resulted in fewer shipments to Europe from countries such as Qatar, while several gas platforms in the North Sea have been closed for maintenance that was paused during the pandemic. As a result, UK gas prices by September 2021 had quadrupled in a year.

Following the shutdown of operations at two UK fertiliser plants as a result of the high gas prices, a shortage of carbon-dioxide - a by-product of fertiliser production - has caused other short term problems in UK farming, meat production, the food and drinks industry, large steelmakers, and other industries.

Electricity supplies were hit by a drop in wind power compared to 2020, as the UK experienced one of its least windy summers since 1961. And in September 2021, imports of electricity from France were cut by a fire to a key cross-Channel cable.

NewsNow aims to be the world’s most accurate and comprehensive UK energy crisis news aggregator, bringing you the latest headlines automatically and continuously 24/7. N.B. Relevance is automatically assessed so some headlines not qualifying as energy crisis news might appear - please feel free to contact us regarding any persistent issues.

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