ENERGY

Australian households will see reduced electricity costs from July 1 as regulators cut default market offer prices, providing relief amid global energy market volatility due to Middle East tensions.

Australia is addressing fuel supply challenges due to Middle East disruptions, securing shipments from Asia and implementing measures to mitigate potential shortages and economic impacts.

Oil prices have surged due to Middle East tensions and supply constraints, with Brent crude surpassing $109 per barrel. The market remains volatile amid geopolitical risks and economic pressures.

Australia's fuel supply is strained due to Middle East conflict, causing record diesel prices and highlighting reliance on imports. Government measures aim to mitigate economic impacts.

Looking at the policy changes announced in the last 17 months by the Trump administration, one would think there is no such thing as climate change.

The Commonwealth Bank of Australia (CBA) has financed $230 million solar farm project at Whitsunday, Hamilton and Gannawarra solar farms.

The four largest banks of Australia invested more in global fossil fuel projects than in renewable energy in 2016, according to finance group Market Forces. Investment in fossil fuels – $10 billion cumulatively to expand non-renewable energy – outpaces that of clean energy by as much as three times.

Mining giant BHP Billiton has called for an “urgent” need to address a change in the power supply. As part of this, the company said large power generators should be “incentivised” to provide adequate baseload electricity in a short term.

Microsoft may be readying a few things for the Xbox One S. First up is two possible bundles for the console.

Google and D-Wave, a controversial quantum-computing firm, has collaborated to create an ultra-fast quantum computer at NASA's Ames campus in Mountain View, California.

Researchers at the University of California, San Diego has designed a new tool that can be used to remove drug-carrying nanoparticles from the blood stream of the recipient.

OPEC and non-OPEC members met in a meeting at its Vienna headquarters to discuss the risks associated with lowering oil costs.

A global call from campaigners on green earth urges billionaire Bill Gates to divest investment in fossil fuel.

Gogoro is a new energy infrastructure that could transform city transport in the near future.

France will build at least eight nuclear reactors in South Africa.

Russia has pulled out its troops from Ukraine, NATO said there still remained 1,000 troops on the ground.

Australia's renewable energy is threatened by the recommendation of a recently released review, suggesting that the government should scrap or weaken its current renewable energy target. Solar panel systems are expected to increase to almost half of its original price.

Energy Online makes UFO Sighting an advertising campaign for cheaper electricity services.

16-year-old teen might face jail time for April Fool’s Day prank played on Metgasco

Origin Energy is waiting for the result of the federal government's review of Australia's 20 per cent renewable energy target launched on Monday. The anticipation is because of the potential impact of the policy on Origin's $900-million Stockyard Hill wind project.

Andrew Grant steps down as CEO of CO2 Group Ltd, the largest carbon developer in Australia, as government draws on a new policy to adjust to climate change, thereby forcing the company to consider investing into new business areas.

Oil and gas giant Chevron is blaming the high labour cost, logistical challenges on its remote sites and delays caused by weather as the main reasons why its Gorgon liquefied natural gas (LNG) project in Western Australia is on a second cost blowout.

About 200 employees are about to be jobless as Wilkie Creek Mine announces closure in Queensland

Andrew Hales of the Web site Losing All Hope Was Freedom or LAHWF released a video titled "Paying for People's Groceries," and it has gone viral with 2,298,708 views and 47,419 as of this writing. Hales collaborated with GungHo, a company that makes natural focus supplements with ingredients like Ashwaganda (Withania somnifera), Caffeine, Eleuthero, Niacin - Vitamin B3 and Cognizin® Citicoline. According to GungHo, these ingredients are proven to increase focus, memory recall and brain ...

Canadian firm Ferus Natural Gas Fuels on Tuesday announced it has entered into a joint venture with a Chinese-owned liquid natural gas (LNG) distributor to build two liquefaction plants in Edmonton and Vancouver in Western Canada for $100 million.

Choice’s Shonky Awards had named and shamed SimCity producer EA Games, Kleenex's Mansize tissues and Qantas Frequent Flyer Toolbar among Australia’s dodgiest products.

The V-Tex Technology Drink Chiller which cools drinks in just 45 seconds was recently unveiled by Enviro-Cool (UK) Limited (Ltd). It is designed to reduce energy consumption by 90%.

Crumbling Asian stocks was a result of the U.S. stalemate. Consequently, this has also affected the Australian market.

Australian Prime Minister Tony Abbott will meet his Indian counterpart Dr. Manmohan Singh on the sidelines of the India-ASEAN and the East Asia Summit Oct 9-10. Top on the agenda will be the need for finalisation of a nuclear deal between the two countries. The External Affairs Ministry has already said that the two countries are hoping to hold a third round of nuclear cooperation talks in Dec 2013.