Latest news and articles about energy policy from NEX English
German Economy Minister Katharina Reich is facing sharp criticism for her controversial plans, which include building gas power plants and canceling solar energy subsidies. These decisions come at a sensitive time for Germany as the government seeks to address rising economic challenges.
In a historic move, the United Arab Emirates announced its withdrawal from OPEC, OPEC+, and OAPEC, ending its 59-year membership. The decision, effective from May 1, 2026, reflects significant shifts in the country's energy policy.
The UAE's Minister of Energy, Suhail Al-Mazrouei, announced that the country's withdrawal from OPEC and OPEC+ was made without prior consultation, following careful consideration. This move reflects strategic changes in the nation's oil policy.
The Italian government has approved a modification to the energy bill, allowing coal-fired power plants to remain operational until December 31, 2038. This decision comes as the country faces a growing fuel crisis exacerbated by rising energy prices.
The Indonesian Ministry of Energy and Mineral Resources has announced the mandatory implementation of the B50 biodiesel policy across all sectors starting July 1, 2026. This initiative aims to promote sustainable fuel use and reduce reliance on fossil fuels.
Thailand's Energy Policy Management Committee has announced a reduction in fuel prices by 2 baht per liter, expected to lower local diesel prices by 2.14 baht per liter by Friday. This decision comes amid rising fuel prices due to the ongoing conflict in the Middle East.
The Indonesian government has announced a work-from-home policy for public sector employees, aiming to reduce fuel consumption without impacting productivity. This initiative comes amid current economic challenges.
A prominent member of the Alternative for Germany party has indicated that the German government may reconsider nuclear energy as a key option for reducing carbon emissions. This comes amid a lack of effective alternatives to avoid economic and social burdens.
Brazilian President <strong>Lula da Silva</strong> is working to cancel the liquefied natural gas (LNG) auction organized by <strong>Petrobras</strong>. This decision aims to enhance government control over the country's energy resources during a critical economic period.
The Trump administration has announced new biofuel blending standards, reflecting greater support for farmers and biofuel producers in the United States. This move follows a previous proposal last year, enhancing the trend towards increased domestic demand.
Tensions are rising in the UK over energy policy, particularly regarding the exploitation of oil and gas in the North Sea. The British government faces increasing pressure to clarify its stance amid environmental and economic challenges.
Maria Zakhrova, spokesperson for the Russian Foreign Ministry, criticized the European Union's energy policy, warning that abandoning Russian energy supplies could lead to widespread electricity outages across the continent.
The U.S. Department of the Interior has announced a historic agreement with French energy giant TotalEnergies, involving a payment of <strong>$1 billion</strong> in exchange for the company's withdrawal from wind energy projects. This move signifies a major shift in U.S. energy policy.
Spanish Prime Minister Pedro Sánchez announced the launch of a €5 billion emergency energy package, which includes 80 different measures aimed at alleviating burdens on citizens amid rising energy costs in Europe.