OPEC says Iran’s oil revenues up 67% in 2022
Figures by the Organization of Petroleum Exporting Countries (OPEC) shows that Iranian oil export revenues rose by 67% last year despite continued pressure of US sanctions on Tehran.
Energy
Tensions emerge between state and federal governments over Australia’s energy grid roadmap
Exclusive: disquiet points to jockeying among jurisdictions and impatience over the rollout of renewablesGet our morning and afternoon news emails, free app or daily news podcastCracks in the unity of the nation’s energy ministers have emerged amid dis…
Sadiq Khan in U-turn on ‘eco’ wood-burners amid pollution fears
Campaigners’ pressure sees London mayor withdraw approval for stoves billed as better for the environmentThe London mayor Sadiq Khan has withdrawn his endorsement of woodburning stoves promoted as “environmentally friendly” after a surge in sales of th…
Iran says oil cargo seized by Indonesia not its
Iran’s Oil Ministry says the cargo of a supertanker seized by Indonesia earlier this month does not belong to the Islamic Republic.
Consumer watchdog urged to investigate ‘misleading’ Australian oil and gas industry PR campaign
Climate campaigners complain to ACCC over Appea ad that claimed gas was ‘50% cleaner’ than coalGet our morning and afternoon news emails, free app or daily news podcastEnvironmental campaigners have asked Australia’s consumer watchdog to investigate an…
Iran commander warns unloading Iranian oil by US would meet “response in kind”
The commander of Iran’s Islamic Revolution Guards Corps (IRGC) Navy has warned against unloading the Iranian oil from a seized tanker by the US.
Giant windfarm off Norfolk coast halted due to spiralling costs
Swedish energy giant Vattenfall says costs have climbed 40% due to rise in global gas prices Business live – latest updatesThe government’s green energy ambitions have been dealt a blow after plans for a giant offshore windfarm off the Norfolk coast gr…
Gas boiler lobby trying to delay UK’s heat pump plans, leak shows
Trade association, which promotes hydrogen for home heating, called for clean heat market mechanism to be pushed back to 2026Lobbyists for the gas boiler industry are trying to delay the introduction of new government measures to speed up the take-up o…
King Charles to take smaller cut from crown estate as windfarm profits soar
Sovereign grant to shrink from 25% to 12% of crown estate’s profits, after monarch asked for money to be used for ‘public good’King Charles has agreed to take a smaller share of the crown estate’s profits ahead of a multibillion-pound windfall from Bri…
Expert: Iraqis refuse to pay their energy debt to Iran by shifting blame onto US
Iranian foreign policy expert Seyyed Ali Hosseini says Iraqi officials are deliberately dragging their feet on the payment of their energy debt to Iran through hampering a mechanism that’s been created for this purpose.