Energy News

The British government must declare a national need for new nuclear power stations by the end of this year, if EDF is to launch its first new generation reactor by...

The most striking trend in oil and gas M&A in recent years has been the rise of bidders from emerging economies - a development that hit the headlines with the...

Leading international oil and gas companies could emerge as winners from the financial crisis, as the steep drop in oil prices and asset valuations creates...

Shares in Clean Air Power, the Aim-listed maker of equipment that enables trucks to run on a mixture of liquefied natural gas and diesel, rose 14 per cent to 14½p...

In his wood-panelled office overlooking St James's Park in central London, Peter Hambro opens a cabinet of curiosities. From it he pulls a gold coin he says was minted...

Leading international oil and gas companies could emerge as winners from the financial crisis, as the steep drop in oil prices and asset valuations creates...

The British government must declare a national need for new nuclear power stations by the end of this year, if EDF is to launch its first new generation reactor by...

Crude oil prices closed above $49 a barrel yesterday as fighting between Israel and Hamas escalated. Nymex February West Texas Intermediate rose $2.47 to $48.81 a...

Vladimir Putin, Russia's prime minister, yesterday ordered Gazprom, the Russian energy giant, to reduce gas supplies to Ukraine bound for Europe in a move that...

Vincent de Rivaz , chief executive of EDF Energy, the UK division of the French power giant, has been rewarded for his successful year-long pursuit of British...

Washington (Platts) -- 5Jan2009 -- The public water supply in eastern Tennessee towns near the site of the December 22 fly ash dike failure at Tennessee Valley Authority's Kingston coal-fired power plant is safe to drink, according to the...

Houston (Platts) -- 5Jan2009 -- LyondellBassell was expected to continue pushing for price hikes in the US despite concerns that the company could declare Chapter 11 bankruptcy. LyondellBasell has already nominated its January...

Houston (Platts) -- 5Jan2009 -- Dow Chemical will remain at 35-40% production rates and not require contractors to come back at the Freeport, Texas, facility until the end of January. The extension of low production rates and not...

Washington (Platts) -- 5Jan2009 -- The US oil and natural gas industry spent an all-time high of $226.4 billion in drilling expenditures in 2007, more than double the previous record of $109.8 billion set in 2006, the American Petroleum...

New York (Platts) -- 5Jan2009 -- Venezuelan state oil company PDVSA has "suspended" its winter heating oil assistance program to underprivileged communities in the US because of falling oil prices, the company's US partner, Citizens Energy...

New York (Platts) -- 5Jan2009 -- Moody's has downgraded the independent exploration and production industry to "negative" because of the "precipitous" decline in oil and natural gas prices expected to lead to low cash margins and "fundamental...

London (Platts) -- 5Jan2009 -- The ongoing clashes between Israeli forces and Palestinians in the Gaza Strip are being closely monitored by the oil industry, sources said Monday. Jet fuel is of particular interest as the conflict...

The UK arm of Oilexco is likely to go into administration within days, taking all the London and Toronto-listed exploration and production company's oil and gas reserves with it

Remember the wall that environmentalists (like the 1972 "Limits to Growth" authors) have long been saying that industrial society would eventually hit? Permit me to make the formal introduction: Industrial society, meet wall; wall, meet industrial society.

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The French energy group gave a policy deadline if the first of a new generation of reactors is to be ready for 2017