ALL TIMEFRAMES
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TODAY
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THIS WEEK
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THIS MONTH
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THIS YEAR
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Bounteous BP battles to regain yield appeal
2012-02-08 01:48:33 from FT.com - Energy Utilities Mining
Bob Dudley is waking up to the attractions of a well-placed cashback deal after raising the group’s quarterly dividend by 14% to 8 cents per share
BHP strategy to remain unchanged
2012-02-08 00:19:36 from FT.com - Energy Utilities Mining
World’s biggest mining group reports 6% rise in half-year earnings and says proposed Glencore-Xstrata merger will make no difference to its plans
BP raises dividend and defends plans to drill deeper
2012-02-07 22:42:32 from Energy - Telegraph
BP has raised its dividend for the first time in a year as it continues to recover from the Deepwater Horizon disaster - and defended its ambitions to drill deeper wells than ever before.![]()
Small caps: Aminex and Solo Oil plunge
2012-02-07 20:26:45 from FT.com - Energy Utilities Mining
The companies said that sought-after oil or gas deposits were not encountered at the depths expected at the joint operated Ntorya-1 well
Numbers count in Glencore-Xstrata deal
2012-02-07 19:27:27 from FT.com - Energy Utilities Mining
The two companies will embark on roadshows to convince shareholders of the value of the merger, with votes expected to be cast in June
Price of Canadian crude falls over backlog
2012-02-07 19:17:56 from FT.com - Energy Utilities Mining
Sixth-biggest oil producer sells at half the global rate after rising production is hit by pipeline congestion and outages at US refineries
Glencore-Xstrata model could reshape industry
2012-02-07 18:53:17 from FT.com - Energy Utilities Mining
History suggests that a vertically integrated business – where a commodities trader is combined with a miner under the same roof – is no mean feat
No antitrust hurdle to Xstrata merger
2012-02-07 17:57:12 from FT.com - Energy Utilities Mining
Chief says winning a regulatory green light in Brussels, China and South Africa will be time consuming but no more than a ‘legal formality’
Tie-up to boost capability for mining deals
2012-02-07 17:57:12 from FT.com - Energy Utilities Mining
A merger of Glencore and Xstrata would mean a bigger balance sheet, giving the group more firepower to buy larger targets such as Anglo-American
ANC report rejects nationalisation of mines
2012-02-07 17:16:32 from FT.com - Energy Utilities Mining
Team tasked by the party to look into the merits of state ownership had concluded it was ‘not a viable policy for South Africa’ but proposed higher taxes for the sector
BP: back in the race
2012-02-07 16:05:00 from FT.com - Energy Utilities Mining
If BP can persuade prosecutors that the accident had multiple causes by multiple parties, it could avoid a charge of gross negligence
Interactive Business Bullet: Markets, UBS, BP and Glencore
2012-02-07 10:49:38 from Energy - Telegraph
Top stories: Markets, UBS, BP and Glencore.![]()
BP raises dividend as progress returns
2012-02-07 10:02:38 from FT.com - Energy Utilities Mining
Oil group bullish ahead of a civil trial in New Orleans over the Gulf of Mexico oil spill, claiming that ‘operational momentum’ returns
Strong currencies hurt commodity producers
2012-02-07 09:40:51 from FT.com - Energy Utilities Mining
Viewed from the perspective of the Aussie dollar, rand, real or rouble, the markets are moving in a different direction
Knighted bankers are just risky business
2012-02-07 09:01:54 from Utilities - Telegraph
After the unceremonious stripping of Fred Goodwin's honour, other knighted bankers must be quaking in their loafers.![]()
ArcelorMittal slides to $1bn loss in final quarter
2012-02-07 08:55:18 from FT.com - Energy Utilities Mining
Steel group reports $1bn net loss in Q4 but sees an ‘improvement of sentiment’ despite economic and political uncertainty in main market
Glencore and Xstrata agree $90bn deal
2012-02-07 07:22:37 from FT.com - Energy Utilities Mining
Mick Davis will become chief executive of a giant new mining group after Glencore and Xstrata agree $90bn deal
Anadarko shows exploration programme success
2012-02-07 00:20:53 from FT.com - Energy Utilities Mining
Oil company booked 392m barrels of oil equivalent to its reserves last year, equivalent to 159 per cent of its production
Ousting Nat would be bad for Bumi and the Bakries
2012-02-06 23:26:54 from FT.com - Energy Utilities Mining
Nat Rothschild’s ejection would ensure that London-listed vehicle’s shares traded at a persistent discount
Investors seek Bumi talks with Bakries
2012-02-06 22:49:00 from FT.com - Energy Utilities Mining
Shareholders want the Bakrie family and their partner Samin Tan to withdraw a motion calling for Nat Rothschild to be ousted from the company’s board
Bumi: bum rap for investors?
2012-02-06 20:48:10 from FT.com - Energy Utilities Mining
If Mr Rothschild is derailed, or forced to take a back seat, investors will feel that the cash-shell deal that they signed up to is broken
Global mining: a shaft of light
2012-02-06 20:48:00 from FT.com - Energy Utilities Mining
Dispassionate investors need to remember a few golden rules when it comes to global mining deals. Cost synergies are hard to come by
Syrian army in fresh assault on Homs
2012-02-06 10:07:02 from FT.com - Energy Utilities Mining
A new round of shelling in Syria’s third city kills about 50 more people, most of them civilians, activists say
Randgold buoyed by strong Mali performance
2012-02-06 10:06:36 from FT.com - Energy Utilities Mining
Gold miner seeks to double dividend on back of a surge in EPS, despite teething problems in Ivory Coast and adverse weather affecting operations
South Korean groups ramp up foreign deals
2012-02-06 07:16:56 from FT.com - Energy Utilities Mining
Deals for foreign targets surge as the European debt crisis and a paucity of domestic deals embolden South Korean companies
Glencore pays a price for Xstrata deal
2012-02-05 21:30:21 from FT.com - Energy Utilities Mining
Investors in Xstrata would receive 2.8 Glencore shares for every share in the mining group they hold
BP profits in line to beat rival Shell
2012-02-05 20:32:28 from Energy - Telegraph
BP is expected to post higher fourth-quarter profits than Shell this week - the first time in a year that the troubled oil group's profits have beaten those of its arch rival.![]()
BP increases dividend as profits hit £15bn
2012-02-05 20:32:06 from Energy - Telegraph
BP increased its dividend for the first time in a year, as the oil giant recovered from the losses caused by the Gulf of Mexico disaster to post profits for 2011 of $23.9bn (£15.1bn).![]()
BP shakes off Gulf spill losses to post profits of $23.9bn
2012-02-05 20:32:06 from Energy - Telegraph
BP, the British energy giant, has shaken off losses from the Gulf of Mexico oil spill disaster to report profits of $23.9bn (£15.1bn) last year.![]()
Afren explores new oil and gas frontiers
2012-02-05 20:24:12 from Energy - Telegraph
Osman Shahenshah is full of surprises. After all, not many chief executives believe they directly owe their existence to President John F Kennedy.![]()
Call for Bumi vote on Rothschild criticised
2012-02-05 19:12:11 from FT.com - Energy Utilities Mining
Person close to the group says investors have long been critical of Mr Hudaya but that the idea of ousting Mr Rothschild is more contentious
Mining magnates eye Australia’s media
2012-02-05 15:20:39 from FT.com - Energy Utilities Mining
As natural resources have become the engine of the economy, there is a new force with the potential to shape the press landscape
ANC upholds Malema suspension
2012-02-05 14:18:38 from FT.com - Energy Utilities Mining
An African National Congress appeals committee upholds a five-year suspension against youth league leader Julius Malema
BP chief Bob Dudley out of the fire?
2012-02-04 21:00:32 from Energy - Telegraph
Bob Dudley, the BP chief executive, has proved much more careful with his words than his foot-in-the-mouth predecessor, Tony Hayward. But he must hope one phrase does not return to haunt him.![]()
Bakries move to oust Rothschild
2012-02-03 20:50:00 from FT.com - Energy Utilities Mining
Dramatic move is a setback for the UK financier, who had pledged to clean up corporate governance at the coal miner
BP safety committee chief to leave board
2012-02-03 20:13:54 from FT.com - Energy Utilities Mining
The impending departure of Sir William Castell is the latest shake-up at the top of the oil group since the Gulf of Mexico disaster
The numbers are vast, but beware the bite of reality
2012-02-03 20:04:43 from FT.com - Energy Utilities Mining
Investors should not be overawed by the numbers presented in Facebook’s IPO nor in the proposed Glencore-Xstrata tie-up
Dinner that put Glencore-Xstrata on the menu
2012-02-03 19:29:17 from FT.com - Energy Utilities Mining
A series of issues had held up a merger, key among them the governance structure of a combined group
BP safety committee chairman Sir William Castell to leave
2012-02-03 19:22:33 from Energy - Telegraph
Sir William Castell, chairman of BP's safety committee during the Gulf of Mexico disaster, has given up the role and will leave the board altogether in April, the oil major revealed.![]()
Brent pulls further ahead on Iran fears
2012-02-03 18:45:44 from FT.com - Energy Utilities Mining
Commodities enjoy strong start with benchmark Brent crude benefiting from geopolitical concerns and the demise of Petroplus
Gazprom cuts gas supplies amid cold snap
2012-02-03 18:31:13 from FT.com - Energy Utilities Mining
Russian company in dispute with European Union as it says countries demand more than it is contractually obliged to deliver
Call to scale back nuclear weapons in Europe
2012-02-03 17:58:35 from FT.com - Energy Utilities Mining
Group urges US and Russia to relocate a proportion of their arms deployed in Europe, which hark back to cold war-era hostilities
Positive Syrian drill fails to benefit Gulfsands
2012-02-03 16:29:27 from FT.com - Energy Utilities Mining
Gulfsands Petroleum, the Aim-quoted oil explorer with operations in Syria, this week failed to benefit from positive drilling results in the troubled country
Glencore and Xstrata turn to Citi dealmaker
2012-02-03 15:54:37 from FT.com - Energy Utilities Mining
One of the best known dealmakers in the City helped broker a deal between Ivan Glasenberg and Mick Davis
Chris Huhne resigns from Cabinet to fight criminal charge
2012-02-03 11:19:15 from Energy - Telegraph
Chris Huhne has resigned from his post as Energy Secretary after being charged by the CPS over allegedly perverting the course of justice.![]()
Xstrata deal reveals perfect pricing on Glencore IPO
2012-02-03 10:29:06 from FT.com - Energy Utilities Mining
The proposed $88bn merger endorses Glencore’s much-criticised $10bn, 530p a share flotation, showing that the flotation price was right
Congress set to pass new Iran sanctions
2012-02-02 23:28:25 from FT.com - Energy Utilities Mining
Senate banking committee unanimously approves a package of measures aimed at shipping, energy, mining and finance companies
BP should take a close look at Shell
2012-02-02 23:17:00 from Energy - Telegraph
There are two main differences between Royal Dutch Shell and BP.![]()
Oil price could fall to $70 in 2012 amid volatility, Shell warns
2012-02-02 22:54:13 from Energy - Telegraph
Oil prices could fall to $70 a barrel during 2012, from current levels above $110, as high volatility in the economy and energy markets becomes "a fact of life", Royal Dutch Shell executives said.![]()
Cornwall leads the high-tech revolution
2012-02-02 21:43:00 from FT.com - Energy Utilities Mining
The tiny Cornish village of St Agnes is the unlikely possessor of some of the highest broadband speeds in Britain
Small-caps: MXC chief share buy lifts Coms
2012-02-02 20:40:45 from FT.com - Energy Utilities Mining
Internet telephone company’s shares jump 72.7% after Ian Smith, chief executive of MXC Capital, increases direct and indirect holdings to 27.6%
Glencore and Xstrata would be ‘unique’ model
2012-02-02 19:30:02 from FT.com - Energy Utilities Mining
A successful merger sets up a new breed of super-miner, force a rethink by rivals and possibly trigger a fresh round of industry consolidation
How the Glencore and Xstrata merger stacks up
2012-02-02 19:10:47 from FT.com - Energy Utilities Mining
This interactive dashboard explores the details of the proposed Glencore and Xstrata merger
Glasenberg has long dreamed of merger
2012-02-02 18:26:16 from FT.com - Energy Utilities Mining
Glencore’s chief, whose fortune is estimated at $8bn, has for years pushed to combine both companies
Potential mining tie-up to attract scrutiny
2012-02-02 18:22:46 from FT.com - Energy Utilities Mining
Some regulators, including the European Commission, already consider Glencore and Xstrata a single entity
China’s State Grid to take 25% stake in REN
2012-02-02 17:27:41 from FT.com - Energy Utilities Mining
Chinese energy group buys into Portugal’s national power grid, highlighting a growing appetite for such deals among European governments
Shell: Big talk
2012-02-02 16:58:54 from FT.com - Energy Utilities Mining
The business that will emerge at the end of its new four-year strategy is unlikely to look very different from that of today
Interactive Business Bullet: US jobs, Shell, Oil and Gold tip and Unilever
2012-02-02 10:57:34 from Energy - Telegraph
Top stories: US jobs, Shell, Oil and Gold tip and Unilever![]()
PetroChina buys Shell shale gas assets
2012-02-02 10:46:37 from FT.com - Energy Utilities Mining
Deal for a 20% stake in the Canadian fields is estimated to be worth over $1bn and comes just days before Canada’s prime minister visits Beijing
Shell profits jump 54pc despite tough fourth quarter
2012-02-02 09:39:17 from Energy - Telegraph
Royal Dutch Shell's reported a 54pc jump in full-year profits to $28.6bn (£18.1bn) last year, despite a tough fourth quarter in which the oil giant reported a loss in its "downstream" refining and marketing division.![]()
Shell outlines aggressive growth strategy
2012-02-02 08:36:26 from FT.com - Energy Utilities Mining
Europe’s largest oil company by market capitalisation promised a dividend rise as it outlined aggressive new medium-term growth targets
Glencore and Xstrata close to $80bn deal
2012-02-02 08:13:07 from FT.com - Energy Utilities Mining
World’s largest commodities trader is in advanced talks with the mining group over a deal that could reshape the industry
Questor share tip: United Utilities has a good income stream
2012-02-02 07:00:38 from Utilities - Telegraph
United Utilities' trading update did not contain any surprises. This is a good thing.![]()
Petrobras sells $7bn of corporate bonds
2012-02-02 01:05:58 from FT.com - Energy Utilities Mining
The sale marks the biggest fixed income offering by a Brazilian corporate and underlines the strength of the country’s equity and debt markets
BP seeks to turn up heat on Deepwater
2012-02-02 00:45:50 from FT.com - Energy Utilities Mining
Group wants to call Steve Newman, chief executive of Transocean, to appear in person at the trial over the Deepwater Horizon disaster
BHP to abandon titanium mining
2012-02-02 00:04:13 from FT.com - Energy Utilities Mining
The world’s biggest mining company by market value is selling its 37% stake in Richards Bay Minerals to Rio Tinto for an undisclosed sum
Replacing a broken boiler could trigger compulsory energy-saving work, under government plans
2012-02-01 20:12:17 from Energy - Telegraph
Homeowners who have to replace a broken boiler could be required to carry out energy-saving work such as installing loft insulation, under government proposals.![]()
Copper bulls eye $10,000 on China demand
2012-02-01 19:32:09 from FT.com - Energy Utilities Mining
Traders have become more relaxed about the fears stalking the market following record imports in December and tightening global supply
Macondo casts shadow over Transocean
2012-02-01 18:44:19 from FT.com - Energy Utilities Mining
Operational problems, financial strains and the threat of multibillion-dollar penalties resulting from the Deepwater Horizon disaster have held the company back
Reliance in $2bn buy-back to reassure investors
2012-02-01 18:25:59 from FT.com - Energy Utilities Mining
Concerns persist over the focus of Mukesh Ambani's oil, gas and petrochemicals group amid rumours of a tie-up with his brother’s business
IAEA declares Iran nuclear talks a ‘good trip’
2012-02-01 17:50:46 from FT.com - Energy Utilities Mining
UN watchdog sets up further discussions in three weeks’ time over the country’s nuclear activities and their possible military dimensions
ANC to debate role of state in economy
2012-02-01 15:22:53 from FT.com - Energy Utilities Mining
The findings of a team commissioned to look at the experiences of 13 nations ranging from Norway to Venezuela are due to be discussed
Johnson Matthey profits from car industry recovery
2012-02-01 14:22:27 from FT.com - Energy Utilities Mining
Sale of catalytic converters, fuelled by a recovery in Japanese demand and new business won in China, boosts Q3 net profits by 34%
Samsung turbine project to create 500 jobs
2012-02-01 14:05:46 from FT.com - Energy Utilities Mining
Plan by Korean engineering group to invest up to £100m in offshore wind power project in Fife is one of many recent green developments
Recovering margins to boost oil refiners
2012-02-01 09:41:50 from FT.com - Energy Utilities Mining
The collapse of Petroplus, and a cold snap in Europe, signals a reversal of a damaging trend for the industry, says Javier Blas
Water bills hit record levels
2012-02-01 07:30:37 from Utilities - Telegraph
Household water bills will rise to record levels in April, piling further pressure on families struggling with the rising cost of living.![]()
Questor share tip: Planned growth in dividend lights up National Grid
2012-02-01 07:00:52 from Utilities - Telegraph
Utilities shares are attractive for widows and orphans - and yesterday's long-awaited dividend announcement from National Grid is what they wanted to hear.![]()
Questor share tip: SSE is a hold as growth disappoints
2012-02-01 07:00:05 from Utilities - Telegraph
SSE is further down the track with its regulatory decision than National Grid because it is a smaller business.![]()
Court rejects BP effort to offload spill bills
2012-01-31 23:53:16 from FT.com - Energy Utilities Mining
A New Orleans judge has ruled that Halliburton’s contract for work at the Macondo well indemnified the company against claims for economic damages
Vedanta profits slip as margins squeezed
2012-01-31 18:41:34 from FT.com - Energy Utilities Mining
Improved contributions from the Indian group’s zinc, iron ore and energy interests compensated for falling revenues from copper and aluminium
Tamboran discovers gas field in Ireland
2012-01-31 17:40:19 from FT.com - Energy Utilities Mining
Canadian-based shale gas exploration company is confident it can develop a project and create jobs both north and south of the border
Exxon earnings affected by refining slump
2012-01-31 14:59:44 from FT.com - Energy Utilities Mining
The largest US oil and gas group by market capitalisation reported a 2 per cent rise in earnings for the fourth quarter to $9.4bn after tax
Mining shareholders give their judgement
2012-01-31 14:18:59 from Utilities - Telegraph
Activist shareholders of mining group ENRC started blogging to sniff out a supposed board room rat.![]()
Gas supply is in the pipeline
2012-01-31 13:43:08 from FT.com - Energy Utilities Mining
Rivals aiming to build pipelines to carry gas from east to west Europe jockey for position ahead of a number of key decisions
Water bills to rise by 5.7 per cent
2012-01-31 12:41:24 from FT.com - Energy Utilities Mining
Customers pay for multibillion infrastructure upgrade as Ofwat sets aggregate price rises for industry
SSE sees increased profits as energy usage falls
2012-01-31 12:04:03 from Energy - Telegraph
SSE saw gas and electricity demand from its customers plummet as they turned down their heating in the mild winter, but the energy utility said it still expects profits to grow.![]()
China First sues over Queensland rail link
2012-01-31 11:29:40 from FT.com - Energy Utilities Mining
Clive Palmer’s China First mining company to sue QR National over link to coast from planned Galilee Basin coal fields
Iran keeps oil market guessing on Greece factor
2012-01-31 10:16:25 from FT.com - Energy Utilities Mining
Executives and diplomats are worried that stopping exports to Athens could be part of Tehran’s retaliation plan
National Grid confirms short-term dividend policy
2012-01-31 07:00:17 from Utilities - Telegraph
Shares in National Grid jumped more than 2pc in morning trade after the utility group confirmed that its dividend would rise by 1pc in the year to March 2013.![]()
Gas companies to test 2012 IPO market
2012-01-30 20:59:47 from FT.com - Energy Utilities Mining
Three companies aiming to tap into the US shale gas and oil boom are set to make initial public offerings this week, a critical test for the nascent 2012 IPO market
Fuel poverty protesters occupy British Gas offices
2012-01-30 20:40:42 from Energy - Telegraph
Fuel poverty activists occupied British Gas' offices this morning, in protest at 'profiteering' by the Big Six energy companies.![]()
German move to secure raw materials
2012-01-30 17:29:55 from FT.com - Energy Utilities Mining
Industrial grouping to invest in commodity projects in order to improve security of supply
Europe’s refiners fall on hard times
2012-01-30 16:58:35 from FT.com - Energy Utilities Mining
Overcapacity, shrinking margins and competition from Asia have joined forces to underline the industry’s decline
How Europe’s debt crisis could feed the commodity bulls
2012-01-30 10:21:05 from FT.com - Energy Utilities Mining
A dearth of project financing could limit supply growth, writes Javier Blase
Fuel poverty protestors occupy British Gas offices
2012-01-30 10:18:44 from Energy - Telegraph
Fuel poverty activists claimed to have occupied British Gas' offices this morning, in protest at 'profiteering' by the Big Six energy companies.![]()
Canada’s Sunshine Oilsands heads for HK IPO
2012-01-30 09:29:51 from FT.com - Energy Utilities Mining
The Canadian tar sands company, backed by Chinese state-owned enterprises, has shunned Toronto to launch its $600m IPO in Hong Kong
Exxon sells Japanese marketing unit for $3.9bn
2012-01-29 23:35:23 from FT.com - Energy Utilities Mining
Restructuring through sale of Yugen Kaisha to TonenGeneral comes in response to declining oil demand in country
Batista oil group set to extract its first barrel
2012-01-29 23:25:25 from FT.com - Energy Utilities Mining
OGX opens well in its Waimea field off the coast of Rio de Janeiro in attempt to become the country’s biggest private producer of crude
Iran to halt oil sales to ‘some countries’
2012-01-29 18:13:26 from FT.com - Energy Utilities Mining
Oil minister says his country has a market for oil exports even with cuts to Europe and will not face a problem with the looming embargo
Saudi signals it could make up Turkish oil shortfall
2012-01-29 17:55:53 from FT.com - Energy Utilities Mining
Concerns over new US and EU sanctions on Iran prompt Turkey, which receives one third of its oil supply from Iran, to seek alternative supplies of oil
Move to bring South Sudan back to oil talks
2012-01-29 17:44:05 from FT.com - Energy Utilities Mining
Negotiations with the Khartoum government on dividing oil revenues broke down ahead of an African Union summit
The Petroplus failure is just the tip of the iceberg in the oil sector
2012-01-29 17:38:06 from Energy - Telegraph
Oil refiners are in the spotlight after Swiss giant went to the wall.![]()
Chinese shopping spree slows
2012-01-29 16:30:30 from FT.com - Energy Utilities Mining
US and European companies report reduced orders from the Asian powerhouse but expect business to pick up later in the year
British Gas pays Thames Water to promote free insulation
2012-01-28 21:30:51 from Energy - Telegraph
British Gas is to pay Thames Water to promote free insulation to its customers, ahead of the December deadline for energy companies to meet government carbon emissions reductions targets.![]()
IGas hints at north-west shale gas potential
2012-01-27 23:54:30 from FT.com - Energy Utilities Mining
The Aim-quoted group said that drilling in Ince marshes in Cheshire had revealed large sections which could be suitable for fracking
Eligibility for listings should apply across the board
2012-01-27 21:57:59 from FT.com - Energy Utilities Mining
Tests to avoid a ‘Sino-Forest scenario’ of a group with allegedly non-existent assets listing in London should not overlook smaller indices
Chevron seeks ‘fair treatment’ from Brazil
2012-01-27 19:02:58 from FT.com - Energy Utilities Mining
Chief describes second-largest US oil company’s year as ‘outstanding’ despite refining downturn and below forecast results
Spain stops new energy subsidies in austerity drive
2012-01-27 18:54:15 from FT.com - Energy Utilities Mining
Mariano Rajoy, the new prime minister, seeks to convince EU partners that he is ready to impose more economic austerity to bring public finances under control
Ministers reassure over Petroplus supply fears
2012-01-27 16:23:49 from FT.com - Energy Utilities Mining
Ministers insist there is plenty of petrol following reports of panic buying, after Swiss refiner filed for insolvency
Cairn drops £3.5bn bonus for chairman
2012-01-27 15:48:31 from FT.com - Energy Utilities Mining
Shareholder pressure forces U-turn on Sir Bill Gammell’s award after criticism that his deal had no performance conditions attached
FTSE 100 drifts from six-month peak
2012-01-27 09:12:58 from FT.com - Energy Utilities Mining
Losses in line with global pattern as traders switch into defensives from miners and banks
A case of foot-in-mouth on a global scale
2012-01-27 08:46:36 from Utilities - Telegraph
What is it about Gordon Brown that causes a crowd to cringe?![]()
Gummer in £2.5m management buy-out
2012-01-27 07:42:30 from FT.com - Energy Utilities Mining
Former Tory minister helps pull-off takeover of compliance business
BP blow in legal fight over gulf spill
2012-01-27 00:06:14 from FT.com - Energy Utilities Mining
Transocean has won a partial victory in court over which company should bear the costs of the Deepwater Horizon disaster
BP contract shields Transocean from some Gulf spill claims, judge rules
2012-01-26 23:41:04 from Energy - Telegraph
Transocean, the owner of the Deepwater Horizon rig, is shielded from some damage claims stemming from the Gulf of Mexico oil spill, a US judge has ruled.![]()
Anglo American reveals mixed output results
2012-01-26 22:59:55 from FT.com - Energy Utilities Mining
Despite a fall in platinum and diamond production in the fourth quarter, the miner’s expanded operations helped boost iron ore and copper yield
Coryton refinery administrators seek crude oil supplies
2012-01-26 18:32:12 from Energy - Telegraph
Coryton refinery's administrators were tonight attempting to secure supplies of crude oil, after resuming deliveries of fuels to customers this morning.![]()
Vale to appeal R$9.8bn Brazil tax ruling
2012-01-26 12:24:20 from FT.com - Energy Utilities Mining
Miner says it has been dealt unfavourable ruling over overseas profits
Obama plans to raise demand for natural gas
2012-01-26 11:00:54 from FT.com - Energy Utilities Mining
US president prepares to unveil measures including tax break for gas-fuelled trucks as part of effort to promote ‘American-made energy’
Coryton oil refinery resumes deliveries following deal
2012-01-26 10:31:46 from Energy - Telegraph
Petrol trucks were rolling out of the Coryton refinery in Essex on Thursday morning after an overnight deal which will resume deliveries for the first time since it was placed in administration.![]()
Japan to inject $12.9bn into Tepco
2012-01-26 09:14:21 from FT.com - Energy Utilities Mining
Japan’s government will inject $12.9bn of fresh capital into the owner of the Fukushima Daiichi nuclear power plant, effectively nationalising Tepco
MPs attack go-it-alone carbon price floor
2012-01-26 00:01:47 from FT.com - Energy Utilities Mining
The government’s decision to set tougher emissions penalties than the rest of Europe risks harming industry and consumers, says a Commons report
IMF: Iran sanctions could push oil to $140
2012-01-25 23:32:52 from Energy - Telegraph
Sanctions on Iran could push oil prices up 30pc, taking the price of Brent crude to above $140 a barrel, the IMF has warned.![]()
Pemex and Repsol sign strategic alliance
2012-01-25 23:15:45 from FT.com - Energy Utilities Mining
Mexican state oil group and Spanish group end hostilities and agree to collaborate on projects after months of acrimony
Iran threatens to act first on EU embargo
2012-01-25 19:48:42 from FT.com - Energy Utilities Mining
Bill before parliament could leave S European nations struggling to find alternative supplies
Conoco to cut North American gas output
2012-01-25 19:41:05 from FT.com - Energy Utilities Mining
The US energy company is the latest to announce a shift to more profitable oil reserves after weak demand sparks a drop to 10-year low in natural gas prices
South Sudan closes more than half its oil wells
2012-01-25 19:35:20 from FT.com - Energy Utilities Mining
Move heightens tensions with Khartoum after failure to agree on how to divide oil revenues essential to both economies
Weir widens reach amid boom in fracking
2012-01-25 19:14:37 from FT.com - Energy Utilities Mining
Group will pay $176m for Dallas-based pump parts manufacturer Novatech as it seeks to extend its manufacturing capability in Texas and Canada
Industry and green groups hail solar victory
2012-01-25 18:06:48 from FT.com - Energy Utilities Mining
The Court of Appeal has upheld an earlier ruling that government cuts to household power-generating subsidies are illegal
Huhne pursues Supreme Court appeal over solar subsidy cut
2012-01-25 15:31:41 from Energy - Telegraph
The government is to seek a Supreme Court appeal over its proposed cut to solar panel subsidies, defying calls from businesses and consumers to accept today's Court of Appeal ruling that the cut was unlawful.![]()
Government loses appeal over solar subsidy cut
2012-01-25 10:54:29 from Energy - Telegraph
The government has lost its attempt to overturn a High Court judgment that ruled halving solar panel subsidies from December last year was illegal.![]()
US to require disclosure from ‘frackers’
2012-01-25 08:37:57 from FT.com - Energy Utilities Mining
Barack Obama says authorities will compel gas and oil producers to disclose the chemicals they use for hydraulic fracturing
Peru sets up close scrutiny of Conga mine
2012-01-25 00:02:50 from FT.com - Energy Utilities Mining
International consultants to review US company Newmont’s environmental impact study after local concern water supplies are being polluted
Trammelling of Gammell shows superfluity of reform
2012-01-24 20:46:53 from FT.com - Energy Utilities Mining
Cairn chief’s £2.5m award has been shot down by City investors, who are starting to feel their power and rather enjoying it
Cairn’s U-turn comes amid focus on Greenland
2012-01-24 20:01:37 from FT.com - Energy Utilities Mining
Oil explorer makes bonus decision after a string of disappointing results from it’s $1.2bn drilling campaign and environmentalists’ protests
Nuclear option
2012-01-24 19:21:42 from FT.com - Energy Utilities Mining
Though banning imports of Iranian oil and freezing central bank assets will inflict great pain, the west is right to turn up the pressure
Chesapeake tackles oversupply issue
2012-01-24 19:00:28 from FT.com - Energy Utilities Mining
In the face of gas prices that fell last week to a ten-year low, the gas producer announced a planned 8 per cent cut in gas production
Eon reaches deal with unions over job losses
2012-01-24 18:28:03 from FT.com - Energy Utilities Mining
German utility axes 6,000 posts in drive to cut costs as it prepares for expansion outside Europe and into renewable energy generation
Battle to overcome HVDC obstacle intensifies
2012-01-24 18:00:47 from FT.com - Energy Utilities Mining
ABB and Siemens race to increase electricity flexibility for customers as demand for transmission technology extends to Europe
Q-Cells looks to bondholder haircut
2012-01-24 17:43:26 from FT.com - Energy Utilities Mining
Energy group is relying on goodwill of lenders to accept partial repayment of a bond – with a nominal value of €202m – coming due next month
Overcooked gloom makes Centrica good long-term play
2012-01-24 17:01:54 from Energy - Telegraph
Centrica was the worst-performing utility group in terms of its share price in 2011 but this year its performance may be much better.![]()
Japan needs all the help it can get with clean-up
2012-01-24 14:57:30 from FT.com - Energy Utilities Mining
Foreign companies with nuclear expertise should not be shut out by national sentiment
Eurozone debt crisis hits Siemens
2012-01-24 14:09:40 from Energy - Telegraph
Siemens has suffered an unexpected fall in quarterly profits after the European debt crisis squeezed its margins.![]()
Petroplus set to file for insolvency
2012-01-24 09:07:09 from FT.com - Energy Utilities Mining
Refiner fails to persuade lenders to reopen credit lines
Siemens feels effect of slowing economy
2012-01-24 08:56:05 from FT.com - Energy Utilities Mining
Net profit down 17% at industrial bellwether as Europe weighs heavy
Cairn drops £2.5m share award for Sir Bill Gammell
2012-01-24 08:45:16 from Energy - Telegraph
Cairn Energy, the oil explorer, has withdrawn plans to award founder and chairman Sir Bill Gammell £2.5m in shares after opposition from shareholders.![]()
US agency cuts reserves estimate for key gas field
2012-01-24 02:24:13 from FT.com - Energy Utilities Mining
The Department of Energy’s reassessment of the Marcellus Shale, a field at the centre of the American gas boom, reduced its estimate of national reserves by 41%
Tony Hayward accused of lying over Gulf spill
2012-01-24 01:25:11 from Energy - Telegraph
Tony Hayward, the former chief executive of BP, has been accused of lying to US Congress by plaintiffs suing for damages over the Gulf of Mexico oil spill.![]()
Oil prices rise over sanctions on Iran
2012-01-24 01:19:51 from Energy - Telegraph
Oil prices edged up 94 cents to $110.80 a barrel yesterday as the EU imposed its widely-expected embargo on crude exports from Iran, and Tehran reiterated its threat to close the Strait of Hormuz.![]()
US-Dutch plan for ‘clean’ bioethanol plant
2012-01-23 23:56:48 from FT.com - Energy Utilities Mining
DSM of the Netherlands and Poet of the US announce a $250m venture to build the world’s largest cellulosic bioethanol factory
Petrobras soars on woman chief’s appointment
2012-01-23 23:38:11 from FT.com - Energy Utilities Mining
Shares in Brazilian state-controlled oil group soar after it announced the appointment of its first woman chief executive, Maria das Graças Foster
Scottish renewable energy set to get £7.6bn to connect to grid
2012-01-23 23:37:07 from Energy - Telegraph
Energy regulator Ofgem signalled it was likely to approve up to £7.6bn of infrastructure investment to connect new Scottish wind farms and other renewable power generators to the UK grid.![]()
Hayward accused of lying to US Congress
2012-01-23 21:01:33 from FT.com - Energy Utilities Mining
Lawyers for plaintiffs suing for damages over the Deepwater Horizon disaster have alleged that BP’s former chief executive lied in a court statement and to Congress
Petroplus halts fuel sales from refinery
2012-01-23 20:51:11 from FT.com - Energy Utilities Mining
Coryton refinery, a key petrol source for London and the south-east, stopped supplies as trading in the shares of its owner was suspended
The LNG and the short of it
2012-01-23 20:40:33 from FT.com - Energy Utilities Mining
The outlook for liquefied natural gas is still strong, and the oil price may remain high – but a lot of optimism has already been factored in
Seadrill in $1bn Brazilian spin-off
2012-01-23 19:38:00 from FT.com - Energy Utilities Mining
Norwegian oil driller plans public offering as foreign companies battle for a share of Brazil’s booming oil industry
Apache in $2.85bn Cordillera deal
2012-01-23 17:32:37 from FT.com - Energy Utilities Mining
Deal to buy privately-held group illustrates how US oil reserves rather than gas have become the industry’s most attractive acquisition targets
Shortages send fuel oil price soaring
2012-01-23 17:03:28 from FT.com - Energy Utilities Mining
A once-cheap commodity with the moniker of ‘the bottom of the barrel’ is touching all-time highs thanks to low supplies and high demand
Statoil buys in to Cairn’s Greenland stake
2012-01-23 14:45:37 from FT.com - Energy Utilities Mining
FTSE 100 oil explorer looks to cut risks involved in Arctic investment
Italy confirms Eni spin off to boost competition
2012-01-23 14:28:25 from FT.com - Energy Utilities Mining
State-controlled company to sell 50% of energy network Snam
Saudi’s oil target and long dated futures
2012-01-23 10:27:41 from FT.com - Energy Utilities Mining
Forward contracts trading below $100 might offer good value, writes Javier Blas
Speculation grows over Petrobras head’s future
2012-01-22 22:18:54 from FT.com - Energy Utilities Mining
Local media points to gas and energy director Graças Foster as possible replacement
Sierra Leone diamond miner set for HK listing
2012-01-22 20:07:54 from FT.com - Energy Utilities Mining
Beny Steinmetz Group plans to raise up to $600m from floating the Koidu mine which is expected to produce 500,000 carats in 2012
Anadarko lines up for Rockhopper
2012-01-22 19:31:38 from Energy - Telegraph
US oil group Anadarko Petroleum has joined the growing list of potential investors that could either team up with, or take over, Falkland Islands oil exploration company Rockhopper.![]()
Monti aims to restore relations by Libya visit
2012-01-22 19:04:27 from FT.com - Energy Utilities Mining
Relations between Libya and Italy, its crucial commercial partner, seem more stable after the new Italian prime minister’s weekend visit to Tripoli
Dana raises revenues under new owners
2012-01-22 19:01:45 from FT.com - Energy Utilities Mining
North Sea-focused explorer and producer, which was acquired in a hostile takeover by Korea National Oil Corp, reports a 30% increase in production
Questor share tip: Pennon offers an uncommon mix of defensiveness and upside
2012-01-22 08:00:56 from Utilities - Telegraph
Friday's announcement that China Investment Corporation (CIC) has bought a stake in Thames Water failed to set the sector alight. This is the market acting sensibly and not expecting a wave of takeovers in the sector.![]()
Open approach attracts Chinese investment
2012-01-20 21:44:49 from FT.com - Energy Utilities Mining
Beijing sees its expanding investments in Britain as a bridgehead for a much bigger expansion into the US
Santander sells Thames Water stake to China
2012-01-20 18:55:44 from Utilities - Telegraph
Two Iberian investors were behind the surprise sale of an 8.68pc stake in Thames Water to a Chinese sovereign wealth fund, in a deal that follows British government attempts to court infrastructure investment from China.![]()
Croydon’s secret £4m gold hoard buried in London riots
2012-01-20 18:55:33 from FT.com - Energy Utilities Mining
Five safes filled with gold jewellery that customers had pledged as security on loans have been moved following an elaborate salvage operation
Genel founders collect shares worth £164m
2012-01-20 18:48:49 from FT.com - Energy Utilities Mining
Founders to be granted 18.7m shares under the terms of a reserve takeover of the Turkish oil explorer last November
Areva confirms private investigator was hired
2012-01-20 17:55:57 from FT.com - Energy Utilities Mining
Senior director of French nuclear champion admits he brought in Swiss intelligence company without informing his former boss Anne Lauvergeon
Europeans welcome Chinese investors
2012-01-20 16:47:43 from FT.com - Energy Utilities Mining
Some of the more surprising bidders for European assets are China’s power companies, often expanding into western markets for the first time
Thames Water
2012-01-20 16:47:43 from FT.com - Energy Utilities Mining
China’s acquisition of a stake in the utility is not a vote of confidence in Britain but a measure of its appetite for British assets
Italy’s gas network set to be spun off
2012-01-20 16:43:36 from FT.com - Energy Utilities Mining
Wide-ranging liberalisation measures are to be announced in days by the country’s technical government of Mario Monti
Wessex Exploration stake may define future
2012-01-20 16:34:21 from FT.com - Energy Utilities Mining
Oil and gas exploration group’s prospects in a large South American offshore licence field buoy its shares and those of operator Tullow Oil
UK firms won't buy British, so don't whine if China does
2012-01-20 13:52:20 from Utilities - Telegraph
If you are surprised by China's decision to buy 10pc of Thames Water, don't be. If you're worried about the world's biggest authoritarian state flexing its financial muscles here, too late.![]()
Prospects bleak as Petroplus battles to survive
2012-01-20 13:37:12 from FT.com - Energy Utilities Mining
Petroplus is the biggest casualty so far of the chill wind blowing through European refining
Instability and boycott could foster volatility during 2012
2012-01-20 13:23:35 from FT.com - Energy Utilities Mining
The prospects for the energy sector are good although it has always been the subject of hype
CIC facts: Canary Wharf owner Songbird part of portfolio
2012-01-20 11:42:33 from Utilities - Telegraph
China Investment Corporation is a sovereign wealth fund responsible for managing part of China's foreign exchange reserves.![]()
Thames Water deal fails to excite investors
2012-01-20 11:13:46 from FT.com - Energy Utilities Mining
China’s acquisition of a stake in Thames Water did little to lift the share prices of its quoted UK rivals
China wealth fund CIC buys stake in Thames Water
2012-01-20 07:40:11 from Utilities - Telegraph
China Investment Corporation, a Chinese sovereign wealth fund, has bought an 8.68pc stake in Britain's Thames Water.![]()
China wealth fund to take stake in Thame Waters - report
2012-01-20 07:23:42 from Utilities - Telegraph
China Investment Corporation, a $410bn Chinese sovereign wealth fund, is preparing to take a 10pc stake in Thames Water, the Financial Times reports, citing a source close to the deal.![]()
China set to buy stake in Thames Water
2012-01-19 23:00:06 from FT.com - Energy Utilities Mining
Beijing has been seeking more lucrative returns than those available from low-yielding government bonds
BP may add $13bn to Gulf of Mexico spill bill with settlement
2012-01-19 22:15:36 from Energy - Telegraph
BP is likely to settle with the US government over the Gulf of Mexico oil spill, in a move that would add up to $13bn to the company's total bill for the disaster, a leading analyst said.![]()
Companies and tax authorities can all benefit if they work together
2012-01-19 21:30:33 from Energy - Telegraph
The world has entered a prolonged era of macro-economic volatility. Against this backdrop, predictable and transparent tax regimes can be a welcome source of stability, particularly in the energy industry where investment lifecycles span decades.![]()
Codelco attacks Anglo over ‘illegitimate’ sale
2012-01-19 19:32:24 from FT.com - Energy Utilities Mining
Chilean miner accuses the UK-listed group of deliberately seeking to harm its interests after it made public details of its stake sale to Mitsubishi
Minister urges Japan to use strong yen
2012-01-19 19:17:07 from FT.com - Energy Utilities Mining
Edano says companies should not ignore the upside of a strong currency, after yen hit record highs against dollar late last year
BP may double oil spill pay-out
2012-01-19 18:45:39 from FT.com - Energy Utilities Mining
Group could pay up to $25bn to settle all charges, including possible criminal charges, with the US government over the Gulf of Mexico spillage
Higher copper prices lift Freeport profits
2012-01-19 18:27:48 from FT.com - Energy Utilities Mining
Higher output at the group’s North and South American mines mitigated the impact of a three-month strike at its Grasberg site in Indonesia
Minister urges Japan to capitalise on strong yen
2012-01-19 16:42:35 from FT.com - Energy Utilities Mining
Edano has called for business to take advantage of the strong yen to snap up resources and increase overseas investment
‘Atomic Anne’ leaves Areva under a cloud
2012-01-19 16:25:43 from FT.com - Energy Utilities Mining
Investors evidently knew nothing of the new year’s surprise the indomitable Lauvergeon was preparing to unleash
LNG exports will raise domestic prices, says US study
2012-01-19 15:52:50 from FT.com - Energy Utilities Mining
Overseas sales of liquefied gas draws questions from industrial users such as Dow Chemical and Alcoa
BP Gulf of Mexico trial 'will not take place', analysts predict
2012-01-19 11:57:19 from Energy - Telegraph
BP is likely to agree a $25bn (£16bn) settlement with the US government over the Gulf of Mexico disaster, meaning the trial for civil claims against the oil giant will not proceed, a leading analyst forecast today.![]()
Japan’s Edano plots energy sector reform
2012-01-19 08:46:26 from FT.com - Energy Utilities Mining
Japan’s economy minister has called for consumers to be given the freedom to choose their electricity provider.
Questor share tip: APR Energy should grow and grow
2012-01-19 07:00:32 from Energy - Telegraph
Temporary power group APR Energy issued an upbeat trading update yesterday, confirming everything was on track for a substantial uplift in profit.![]()
Cairn’s gushing praise puts Gammell in the line of fire
2012-01-18 22:17:34 from FT.com - Energy Utilities Mining
Sir Bill, founder and chairman of the oil group that struck the black stuff in Rajasthan, is preparing to trouser share options worth £2.5m
Shell partners with Tullow Oil for Atlantic exploration
2012-01-18 21:52:09 from Energy - Telegraph
Shell is to partner with Tullow Oil to explore new frontiers of the Atlantic in the search for "transformational" discoveries of oil and gas.![]()
Essar 'could default' on debt restructure
2012-01-18 21:29:02 from Energy - Telegraph
Essar Energy's subsidiary, Essar Oil, could breach the terms of its $1.65bn (£1.1bn) corporate debt restructuring agreement unless it can successfully appeal a court judgment on how it pays tax.![]()
Essar Energy could 'default' on debt restructure
2012-01-18 21:29:02 from Energy - Telegraph
Essar Energy's subsidiary, Essar Oil, could breach the terms of its $1.65bn (£1.1bn) corporate debt restructuring agreement unless it can successfully appeal a court judgment on how it pays tax.![]()
RusPetro IPO raises £163m
2012-01-18 21:09:49 from FT.com - Energy Utilities Mining
Offering set to make it the first main market listing in London of the year
Cairn investors take aim at chief’s pay award
2012-01-18 21:09:40 from FT.com - Energy Utilities Mining
Shareholders in the oil group look to vote down board’s proposal to reward Sir Bill Gammell with £2.5m in share options
Obama turns down Keystone XL oil pipeline
2012-01-18 20:26:33 from FT.com - Energy Utilities Mining
Revised submission will be allowed on the controversial project to pump oil from the tar sands of Alberta to the US gulf coast, US lawmakers say
US on path to energy self-sufficiency
2012-01-18 20:22:50 from FT.com - Energy Utilities Mining
BP forecasts biofuels, shale gas and unconventional oil will let North America come close to meeting its energy needs in two decades
Energy: think outside the barrel
2012-01-18 20:19:54 from FT.com - Energy Utilities Mining
BP sees renewables making even larger inroads than before, stealing much of the growth it had earlier seen going to nuclear energy
Rio Tinto clear for Ivanhoe takeover
2012-01-18 20:00:00 from FT.com - Energy Utilities Mining
A five-year-old standstill agreement that has prevented Rio Tinto, which owns 49% of the miner, from moving to a majority stake has expired
BP 'surprised' by exploration wins after Gulf of Mexico disaster
2012-01-18 18:40:23 from Energy - Telegraph
Energy giant BP's chief executive has said he was "surprised" that the company had not been more hindered in its oil and gas exploration plans in the wake of the Gulf of Mexico disaster.![]()
The Strait of Hormuz
2012-01-18 18:36:51 from FT.com - Energy Utilities Mining
Interactive map of the Strait of Hormuz showing Iranian naval assets in the region along with international maritime boundaries, sea lanes, shipping terminals, pipelines and major oil and gas fields.
India to launch $35bn of public investments
2012-01-18 14:57:19 from FT.com - Energy Utilities Mining
India is to launch a $35bn public sector investment programme to reverse a decline in the fast-growing economy’s growth rate
Tullow Oil cuts production forecast
2012-01-18 09:43:58 from FT.com - Energy Utilities Mining
The FTSE 100 oil production and exploration group undershot forecast output levels in 2011 and downgraded its outlook for this year, sending shares sharply lower
Exploration cost unnerves oil majors
2012-01-18 09:03:08 from FT.com - Energy Utilities Mining
Tullow Oil falls on London’s FTSE 100 after trading update highlights rising capital expenditure
Essar falls sharply after losing tax case
2012-01-18 01:31:49 from FT.com - Energy Utilities Mining
Shares in the Indian oil and power group have plunged 27% after the Indian Supreme Court ruling that left it liable for $1.2bn in taxes
Essar Energy plunges 26pc as court overrules £1.2bn tax deferral
2012-01-18 00:05:10 from Energy - Telegraph
Essar Energy, the London-listed power giant, saw £592m wiped off its market value yesterday after a court in India ruled that it was not entitled to defer tax payments of $1.78bn (£1.2bn).![]()
Gulf Keystone shares worth £47m awarded in Kozel divorce
2012-01-17 23:27:22 from Energy - Telegraph
Todd Kozel, the colourful oil entrpreneur behind Gulf Keystone Petroleum, has handed £47m of shares to his former wife as part of a divorce settlement.![]()
EU sets deadline for Iran oil embargo
2012-01-17 18:08:14 from FT.com - Energy Utilities Mining
European Union member states coalesce around a July 1 deadline to fully implement a ban that would align the bloc with the US’s planned restrictions
US frets at Cuba oil exploration
2012-01-17 17:31:52 from FT.com - Energy Utilities Mining
Prospect of significant oil discoveries in the Gulf of Mexico could alter Havana’s economic future and its relations with Washington
Vale pledges 50% jump in minimum dividend
2012-01-17 17:27:01 from FT.com - Energy Utilities Mining
The world’s second-biggest miner by volumes has proposed a minimum pay-out of $6bn this year, reiterating its commitment to shareholders
Anadarko in major gas strike
2012-01-17 17:24:58 from FT.com - Energy Utilities Mining
US group and partners in discovery off Mozambique that boosts hopes of developing east African field as an LNG source for Asian economies
An overlooked oil and gas sector finally comes to life
2012-01-17 17:12:41 from FT.com - Energy Utilities Mining
A decade ago overseas oil companies were leaving the Rajasthani desert but it now hosts a thriving mainly local industry
Overlooked oil and gas sector comes to life
2012-01-17 17:12:41 from FT.com - Energy Utilities Mining
A decade ago overseas oil companies were leaving the Rajasthani desert but it now hosts a thriving mainly local industry
Posco to invest in Australian mining venture
2012-01-17 16:20:51 from FT.com - Energy Utilities Mining
Group to increase equity stake in Roy Hill Holdings to 15%
Tepco electricity prices to rise by up to 18%
2012-01-17 11:02:27 from FT.com - Energy Utilities Mining
Sharp rise to add up to Y50m a year to some manufacturers’ utility bills
E.ON and ScottishPower complete Big Six price cuts
2012-01-16 22:55:30 from Energy - Telegraph
E.ON and ScottishPower both announced price cuts, becoming the final two suppliers of the Big Six to enter the fray on household bills since EDF Energy kicked off a price war last week.![]()
Oil prices rise on Iran's threats to cut off Strait of Hormuz
2012-01-16 22:32:00 from Energy - Telegraph
Oil prices climbed 70 cents to $111.14 a barrel on Monday, after Iran issued fresh threats to cut off up to 17m barrels per day of oil supply from world markets by shutting down the Strait of Hormuz.![]()
Canadian pipeline groups in $3.1bn deal
2012-01-16 21:54:48 from FT.com - Energy Utilities Mining
Pembina Pipeline has agreed an all-share deal to buy Provident Energy, with the aim of extending its reach in North American oil and natural gas pipelines and processing
Small-caps: Shot in the arm for Phytopharm
2012-01-16 21:51:11 from FT.com - Energy Utilities Mining
Dug developer’s shares rise sharply after it releases positive pre-clinical results for Cogane, its motor neuron disease treatment
Ex-Areva boss alleges ‘plot’
2012-01-16 20:29:22 from FT.com - Energy Utilities Mining
Anne Lauvergeon, former CEO of the state-owned nuclear champion, defends her role in the 2007 purchase of a small uranium mining group
The oil hawks are living in cloud cuckoo land
2012-01-16 19:02:32 from FT.com - Energy Utilities Mining
The main worry for oil producers is that prices will fall. Three factors support this view: supply, demand and politics, writes Nick Butler
Venezuela tightens control of oil industry
2012-01-16 18:38:36 from FT.com - Energy Utilities Mining
The announced intention to settle disputes within its own judicial system would affect more than 20 foreign companies
Saudi Arabia targets $100 oil
2012-01-16 16:58:19 from FT.com - Energy Utilities Mining
The world’s largest oil producer said it wanted to keep crude oil prices at around $100 a barrel, up from the previous ambition of $75
E.ON cuts electricity prices by 6pc
2012-01-16 14:30:35 from Energy - Telegraph
E.ON became the fifth major energy supplier to enter the latest price war by cutting its electricity prices.![]()
China’s hunger for gas fuels hostile bid
2012-01-16 13:09:32 from FT.com - Energy Utilities Mining
Hostile takeover offer for China Gas shows how high interest is running in China’s natural gas sector
Rockhopper jumps on Falklands partnership talks
2012-01-16 11:37:48 from Energy - Telegraph
Rockhopper, the explorer that found oil off the Falkland Islands, saw shares jump 9pc in early trading after the company said it expected to find a partner for the discovery within three months and would not rule out a takeover.![]()
Rockhopper jumps on talk of Falklands stake sale
2012-01-16 11:37:48 from Energy - Telegraph
Rockhopper, the explorer that found oil off the Falkland Islands, saw shares jump 9pc in early trading after the company said it expected to find a partner for the discovery within three months and would not rule out a takeover.![]()
Iran masks signs of Brent weakness
2012-01-16 11:00:00 from FT.com - Energy Utilities Mining
A closer look at the shape of the oil curve suggests prices could fall, writes Javier Blas
British Gas head admits company is facing 'crisis of trust'
2012-01-16 10:49:18 from Energy - Telegraph
The head of British Gas has admitted that the company is facing a "crisis of trust" with customers increasingly taking out their "rage" on his staff because of rising bills.![]()
Oil groups air doubts as Scots eye big prize
2012-01-15 22:11:43 from FT.com - Energy Utilities Mining
Questions over the future of hydrocarbon reserves after a UK break-up are creating uncertainty for energy companies operating in the region
Military warns gas imports at risk
2012-01-15 21:49:38 from FT.com - Energy Utilities Mining
If the Strait of Hormuz were blockaded, the sharp fall in the UK’s gas supplies would be the country’s single most critical issue
Military warns gas supply at risk from Iran threat
2012-01-15 21:49:38 from FT.com - Energy Utilities Mining
If the Strait of Hormuz were blockaded, the sharp fall in the UK’s gas supplies would be the country’s single most critical issue
Threat to oil sector from tough regulations and green policies
2012-01-15 21:13:30 from Energy - Telegraph
Regulatory pressures and 'green' policies are threatening the future of Britain's eight remaining oil refineries and could result in further closures, the industry has warned the Government.![]()
Rockhopper seeks South Atlantic partner
2012-01-15 19:23:53 from FT.com - Energy Utilities Mining
Oil and gas group focused on the Falkland Islands looks for a partner to develop a big discovery, in a move that may also lead to the sale of the explorer
UK warned over dependence on Qatar gas
2012-01-15 18:40:12 from FT.com - Energy Utilities Mining
With Iran threatening to block the Strait or Hormuz and no long-term fixed contracts in place, analysts have pointed to the energy security threat
BP in talks with Petroplus
2012-01-15 18:17:49 from FT.com - Energy Utilities Mining
Oil group is considering advancing credit to the struggling Swiss refiner to ensure the supply of fuel products from the Coryton refinery in Essex
Iran warns over output rise after sanctions
2012-01-15 18:04:30 from FT.com - Energy Utilities Mining
Saudi Arabia and other Opec countries told not to boost oil production to make up any shortfall caused by western measures against Tehran
Three set to bid for Anadarko’s Brazil unit
2012-01-15 18:01:39 from FT.com - Energy Utilities Mining
Total, Statoil and Maersk Oil are expected to vie in the first round of auction for the oil explorer’s Brazilian business, valued at more than $3bn
Energy price cuts given warm reception
2012-01-13 20:53:22 from FT.com - Energy Utilities Mining
Despite moves by four of the Big Six to reduce tariffs consumer groups warn that household power bills are likely to rise
Small-caps: Falkland Oil falls on share issue
2012-01-13 20:35:55 from FT.com - Energy Utilities Mining
Group slips 10.9% after announcing £48.5m fundraising to fund deeper exploration wells for impending drilling campaign
Natural gas prices fall on mild US winter
2012-01-13 18:51:10 from FT.com - Energy Utilities Mining
Prices hit lowest level since September 2009 as a result of continuing mild winter weather and booming US production
President’s luck runs out on fuel gamble
2012-01-13 18:29:43 from FT.com - Energy Utilities Mining
The Nigerian leader miscalculated by scrapping subsidies without first cushioning the blow to the poor
Falkland Oil & Gas raises £48.5m to drill deeper
2012-01-13 18:15:05 from Energy - Telegraph
Falkland Oil and Gas (FOGL) said it would be able to drill deeper wells when it begins exploring off the Falkland Islands in May, after announcing it would raise £48.5m through a share placing.![]()
Prominent mining names’ venture joins Aim
2012-01-13 17:06:29 from FT.com - Energy Utilities Mining
Stephen Dattels and Brad Mills come together in West African Minerals, a small African iron company
Nigerian unions suspend protests for weekend
2012-01-13 15:44:57 from FT.com - Energy Utilities Mining
Unions say strike to demonstrate against the removal of fuel subsidies continues but will be halted while negotiations continue
Npower announces 5pc gas price cut
2012-01-13 15:01:12 from Energy - Telegraph
Npower became the fourth major energy supplier to announce a modest cut to its energy prices this week, saying it would cut gas prices by 5pc from February.![]()
Chinese goldbugs take the lead
2012-01-13 10:31:48 from FT.com - Energy Utilities Mining
Data released this week suggest India has ceded its spot as top gold consumer, writes Jack Farchy
Energy suppliers do battle in the war of modest price cuts
2012-01-12 23:40:25 from Utilities - Telegraph
British Gas and SSE announced modest cuts to household energy bills, as the "Big Six" suppliers scrambled to seize the initiative in their response to falling wholesale prices.![]()
Oil and trouble
2012-01-12 21:28:20 from FT.com - Energy Utilities Mining
Oil and equities have jointly tracked each move in the euro crisis and change in the US economic outlook suggesting complacency about the Gulf
Nigerian leader in crisis talks on strikes
2012-01-12 20:28:06 from FT.com - Energy Utilities Mining
Goodluck Jonathan met union leaders amid violent protests over fuel subsidies as the biggest union said it would shut down oil production
Turkey defiant on Iran sanctions
2012-01-12 20:22:30 from FT.com - Energy Utilities Mining
Taner Yildiz, Turkey’s energy minister, has said that Turkey does not consider itself covered by new US or EU measures against Iranian oil
Kazakhs to bring curtain down on one-party rule
2012-01-12 20:01:40 from FT.com - Energy Utilities Mining
A law change will ensure the second-placed party will get into parliament alongside Nazarbayev’s party even if it falls below the voting threshold
US regains lead in clean energy investment
2012-01-12 19:53:28 from FT.com - Energy Utilities Mining
China supplanted as Washington subsidies take effect to boost American backing of renewables 33%
Chevron: clear appeal
2012-01-12 19:42:16 from FT.com - Energy Utilities Mining
The bulk of earnings may come from upstream operations in the fourth quarter and this is where the company stands out
Severe weather blows iron ore higher
2012-01-12 18:46:55 from FT.com - Energy Utilities Mining
Price rally is driven primarily by supply concerns after weeks of rain in Brazil’s key south-east region slowing down operations
South Africa energy fears push platinum higher
2012-01-12 18:31:55 from FT.com - Energy Utilities Mining
Power warning prompts investors who had been betting on lower prices to cover their short positions by buying the metal – triggering sharp rises
Energy company price rises since 2010
2012-01-12 12:19:43 from Energy - Telegraph
Centrica, the owner of British Gas, announced a cut in electricity tariffs and SSE in gas tariffs today, following a similar cut by EDF Energy yesterday, after mild weather and economic slowdown led to a decline in underlying wholesale prices.![]()
Interactive Business Bullet: Bank rate, RBS, Tesco and oil prices
2012-01-12 12:00:25 from Oil Prices - Telegraph
Top stories: Bank rate, RBS cuts, Tesco's tumble and crude.![]()
British Gas and SSE scramble to cut bills
2012-01-12 11:58:30 from Energy - Telegraph
Consumers will see energy bills fall as British Gas cuts electricity prices by 5pc, while SSE reduces gas prices by 4.5pc.![]()
British Gas charges more than rivals despite price cut
2012-01-12 11:58:30 from Energy - Telegraph
British Gas has cut electricity prices by 5pc but it will still charge more than SSE and EDF, which have also announced price cuts.![]()
British Gas and SSE cut energy bills
2012-01-12 10:26:54 from Energy - Telegraph
Energy companies scramble to reduce prices with British Gas cutting electricity bills by 5pc with immediate effect - but not gas prices - and SSE announcing a 4.5pc cut in gas bills at the end of March.![]()
British Gas cuts electricity prices by 5pc
2012-01-12 10:26:54 from Energy - Telegraph
British Gas cut prices for household electricity by 5pc with immediate effect but said it was unable to follow other suppliers in reducing gas prices, which it raised by 18pc last summer.![]()
Vestas slashes 10% of workforce
2012-01-12 09:37:43 from FT.com - Energy Utilities Mining
Danish wind turbine maker to close factory after unexpected profit warning
Japan pledges to cut Iran oil imports
2012-01-12 05:07:27 from FT.com - Energy Utilities Mining
Japan has told the US it hopes to further reduce its reliance on Iranian oil imports at an early date
Refining slump dents Chevron’s profits
2012-01-11 23:55:25 from FT.com - Energy Utilities Mining
US oil group says fourth-quarter earnings will fall from the previous quarter due to its downstream operations and adverse exchange-rate effects
Petroplus wins last-minute reprieve
2012-01-11 22:37:01 from FT.com - Energy Utilities Mining
The troubled Swiss refiner reaches a temporary deal with its lenders to keep two refineries open after falling victim to the weak economy
Iran will struggle to sell embargoed crude
2012-01-11 21:30:37 from FT.com - Energy Utilities Mining
A quarter of a century ago, Tehran managed to dodge US oil sanctions by selling to new buyers – but times are different
Oil refiners sever links to Iran
2012-01-11 21:30:37 from FT.com - Energy Utilities Mining
European groups stop spot crude purchases with country ahead of an EU meeting this month that could impose a full oil embargo on Tehran
Nigerian oil workers threaten to halt output
2012-01-11 20:39:09 from FT.com - Energy Utilities Mining
A big union has raised the stakes in the nationwide dispute over fuel prices, saying it is ready to join mass action in Africa’s biggest crude producer
Tepco: price down, trading up
2012-01-11 19:57:44 from FT.com - Energy Utilities Mining
Trading in the electricity group’s shares has surged. However, for all but the very bravest long-term investor, the future is uncertain
Cross seeks North Sea fortune
2012-01-11 18:52:22 from FT.com - Energy Utilities Mining
Aim-quoted Parkmead Group has £15m of funding, including an £8m loan provided by Cross, to pursue North Sea exploration
Utilities vie for €10bn French wind turbine work
2012-01-11 18:07:53 from FT.com - Energy Utilities Mining
Industrial consortia led by EDF, GDF Suez and Iberdrola compete for lion’s share of project to build up to 600 turbines off coast of Normandy and Brittany
Money well runs dry for small oil explorers
2012-01-11 17:37:35 from FT.com - Energy Utilities Mining
Financing constraints for companies in successful exploration ventures make them vulnerable to low bids from better-positioned operators
Gulf states seek to calm fears over Hormuz
2012-01-11 17:20:56 from FT.com - Energy Utilities Mining
Oil-producing countries are trying to dispel international worries about Iran’s threat to block their crucial exporting channel
EDF customers still £166 worse off after gas price cut
2012-01-11 11:59:05 from Energy - Telegraph
EDF Energy customers are still paying 16pc more to heat and light their homes than they were two years ago, despite the company's decision to cut gas bills by 5pc.![]()
EDF Energy to cut gas prices by 5 per cent
2012-01-11 11:50:38 from FT.com - Energy Utilities Mining
The Electricite de France subsidiary will reduce prices from February 7 in response to falling wholesale prices, amid pressure on “Big Six”
Eon to buy 10% stake in Brazil’s MPX Energia
2012-01-11 11:12:38 from FT.com - Energy Utilities Mining
German group’s move is prelude to joint venture in bid to reduce exposure to low-growth Europe
Repsol sells €1.3bn of its own shares
2012-01-11 10:51:12 from FT.com - Energy Utilities Mining
Repsol sells to institutional investors less than a month after buying them in a rescue deal with shareholder Sacyr
Retailers make gains as wider London indices fall
2012-01-11 09:14:09 from FT.com - Energy Utilities Mining
The trend for well-received high street trading updates continues, while traders book profits from resource stocks
EDF Energy to cut gas bills by 5pc
2012-01-11 09:00:37 from Energy - Telegraph
EDF Energy will pass on a fall in wholesale gas prices by cutting customers' gas bills by 5pc next month, putting pressure on the other "Big Six" suppliers to follow suit.![]()
4 million consumers complain about energy bills, says Which?
2012-01-11 07:00:26 from Energy - Telegraph
The"big six" energy firms received more than four million complaints from homeowners last year.![]()
US industry hits at LNG export plan
2012-01-10 19:25:57 from FT.com - Energy Utilities Mining
Groups call for LNG proposals to be reconsidered as they worry about the impact on US natural gas prices and the impact on their own cost
Mild winter adds to pressure on US gas
2012-01-10 18:20:01 from FT.com - Energy Utilities Mining
Prices have sunk so far they are near the marginal cost of production but many expect them to fall further
Labour calls for over-75s to get best energy tariffs
2012-01-10 17:13:59 from FT.com - Energy Utilities Mining
Ed Miliband has called on the coalition to force energy companies to put elderly customers on their cheapest tariffs
Chinese premier to bolster Gulf energy ties
2012-01-10 17:12:15 from FT.com - Energy Utilities Mining
Wen Jiabao to visit Gulf as tension grows over possible oil sanctions on Iran and threats to shipping through the Strait of Hormuz
Questor share tip: Lamprell rises on rig sale
2012-01-10 07:00:11 from Energy - Telegraph
Shares in oil services company Lamprell have performed very well since they were tipped in November, rising 14pc. However, Questor thinks that there is more to come.![]()
Iraq reveals income from oil and gas
2012-01-09 19:19:50 from FT.com - Energy Utilities Mining
Baghdad revealed its $41bn of export earnings under initiative for greater transparency in extractive industries
Biofuel expansion stalls with production drop
2012-01-09 19:02:01 from FT.com - Energy Utilities Mining
Global output, equal in size to the oil production of some members of the Opec cartel, has fallen for the first time in a decade
Statoil makes another Barents Sea find
2012-01-09 17:48:18 from FT.com - Energy Utilities Mining
Norwegian state-run energy group boosted by second Arctic waters oil discovery within nine months
Alcoa announces shutdown of three plants
2012-01-09 15:13:54 from FT.com - Energy Utilities Mining
The aluminium company has announced permanent or temporary shutdowns at three plants in Italy and Spain
China moves to reform energy taxes
2012-01-09 11:55:19 from FT.com - Energy Utilities Mining
Measures underline Beijing’s determination to push ahead with changes to environmental policy
Asian shares off to a weak start
2012-01-09 04:22:17 from FT.com - Energy Utilities Mining
Fears of Europe’s debt crisis outweigh positive US jobs data
Iran to extend nuclear enrichment
2012-01-08 17:09:15 from FT.com - Energy Utilities Mining
Tehran’ plan to begin process in ‘near future’ could seriously inflame tensions with west
Iran stand-off could trigger oil price spike
2012-01-08 16:27:37 from Oil Prices - Telegraph
Fears of a big rise as war of words between West and Iran intensifies.![]()
MPs to quiz oil giants BP, Shell and Cairn Energy on Arctic drilling safety
2012-01-08 08:00:31 from Energy - Telegraph
MPs are to question UK oil and gas companies on the safety of drilling in the Arctic, after fears that retreating ice will see a damaging rush to exploit billions of barrels of untapped reserves in the region.![]()
Veolia faces prospect of US class-action suit
2012-01-06 19:56:20 from FT.com - Energy Utilities Mining
The French water and waste group said a complaint has been filed against it over allegations of ‘misleading’ statements about its financial well-being
High-earners appeal in search for FTSE yields
2012-01-06 19:44:52 from FT.com - Energy Utilities Mining
Even if BP’s dividend dissapoints next month the index promises a 2012 yield of 3.9% on estimates while corporate pay-outs look well covered
Ovo Energy cuts fixed energy prices
2012-01-06 17:33:39 from FT.com - Energy Utilities Mining
Price cut puts pressure on ‘big six’ to pass on falling wholesale energy costs
Hague warns about Myanmar reform process
2012-01-06 16:26:15 from FT.com - Energy Utilities Mining
UK foreign secretary and Myanmar's pro-democracy leader set out similar conditions for the lifting of sanctions
Melrose Resources revenues lifted by gas pricing
2012-01-06 16:14:47 from FT.com - Energy Utilities Mining
Pricing change from Bulgaria production should add about $10m to revenues to add to the $6m raised by the sale of residual gas interests in Texas
Total invests billions in shale gas
2012-01-06 15:50:34 from FT.com - Energy Utilities Mining
Seeking to tap booming demand, the French energy group is paying $2.3bn for a stake in an Ohio shale venture with Chesapeake Energy and EnerVest
Marubeni pays $1.3bn for US shale rights
2012-01-06 11:56:39 from FT.com - Energy Utilities Mining
Japanese trading house takes 35 per cent stake in Texas concession controlled by Hunt Oil
Ovo Energy cuts dual fuel bills by 5pc
2012-01-06 05:45:58 from Energy - Telegraph
Ovo Energy has cut its dual-fuel fixed-tariff in response to falling wholesale prices.![]()
Alcoa cuts global capacity by 12%
2012-01-06 05:40:54 from FT.com - Energy Utilities Mining
US aluminium group reacts to falling prices by closing or suspending production in an effort to reduce costs
Waitrose sets the bar high for rivals
2012-01-05 23:17:30 from Energy - Telegraph
Waitrose, the John Lewis Partnership's supermarket chain, more than matched its sibling business in the department stores with Christmas trading figures on Thursday.![]()
SMEs hail success of retail bonds
2012-01-05 23:15:30 from FT.com - Energy Utilities Mining
Independent brewery BrewDog and green electricity supplier Ecotricity both exceed financing targets thanks to their customers’ investment
BP North Sea fire 'could have been fatal'
2012-01-05 23:14:32 from Energy - Telegraph
A fire on a BP platform in the North Sea last year could have led to fatalities, regulators said, as the British oil major once again came under attack for safety breaches.![]()
Total likely to keep Lindsey oil refinery
2012-01-05 22:42:05 from Energy - Telegraph
Total, the French oil major, has said it is likely to keep the Lindsey oil refinery after failing to find a buyer for the plant, which was the scene of a series of strikes in 2009.![]()
Shell to close final salary pension scheme
2012-01-05 22:00:25 from Energy - Telegraph
Royal Dutch Shell signalled the end of an era for the UK pensions industry by announcing plans to close its final-salary scheme to new members, making it the last FTSE 100 company to do so.![]()
Shell closes last FTSE 100 final salary pension scheme
2012-01-05 22:00:25 from Energy - Telegraph
Royal Dutch Shell signalled the end of an era for the UK pensions industry by announcing plans to close its final-salary scheme to new members, making it the last FTSE 100 company to do so.![]()
Oil prices still have the capacity to shock
2012-01-05 21:30:01 from Oil Prices - Telegraph
Could it be that 2012 won't turn out to be such a disastrous year after all?![]()
Credit Suisse to advise Dutch on Urenco
2012-01-05 21:09:44 from FT.com - Energy Utilities Mining
Appointment follows a decision by the UK government to sell its shares in the nuclear fuel manufacturer, pushing forward the group’s possible sale
ENRC agrees on $1.25bn deal over Congo
2012-01-05 20:55:30 from FT.com - Energy Utilities Mining
London-listed Kazakh miner is poised to replace First Quantum as the biggest mining investor in the copper-rich country after the settlement
Petroplus shares slide 22%
2012-01-05 20:40:43 from FT.com - Energy Utilities Mining
Swiss oil refiner’s access to credit lines under a revolving credit facility were suspended and access to its pledged bank accounts with lenders were restricted
Seoul and Tokyo seek to ease Iran oil ties
2012-01-05 19:08:42 from FT.com - Energy Utilities Mining
The US says countries that reduce their imports from Iran can receive a waiver from possible sanctions for dealing with Tehran’s central bank
Cove Energy gets go-ahead for secret auction sale
2012-01-05 17:24:47 from FT.com - Energy Utilities Mining
Takeover Panel agrees identity of successful bidder for oil and gas explorer only need be revealed once sale concludes
Shell to cut final salary benefits
2012-01-05 15:33:06 from Energy - Telegraph
Royal Dutch Shell has signalled the end of an era for the UK pensions industry by announcing plans to close its final salary scheme to new members.![]()
It's an ill-wind that blew Vestas no good
2012-01-05 11:58:04 from Energy - Telegraph
In a week when howling gales hit Europe, green energy company Vestas issued a profit warning.![]()
Oil industry begins push for Keystone pipeline
2012-01-05 00:39:50 from FT.com - Energy Utilities Mining
API says Obama faces backlash is scheme not approved, while environmental groups launch parodies of the campaign’s adverts
Legal fees row halts BP spill fund payouts
2012-01-04 20:31:28 from Energy - Telegraph
Oil giant BP's $20bn (£13bn) fund to compensate those hit by the Gulf of Mexico spill has been frozen, following a court order that all claimants must share the cost of the legal team leading the action over the disaster - whether or not they pursued their claim through the courts.![]()
Chevron’s Ecuador case takes new twist
2012-01-04 19:54:36 from FT.com - Energy Utilities Mining
The company could have to pay $3bn settlement to end legal battle over claims of pollution by predecessor Texaco in Amazon region of Ecuador
Anglo weighs rewards against risks in Chile
2012-01-04 17:16:25 from FT.com - Energy Utilities Mining
Success in selling part of its best Chilean mine for $5.4bn may outweigh the risks associated with its legal battle against Codelco
Vestas: blowing in the wind
2012-01-04 16:16:01 from FT.com - Energy Utilities Mining
CEO of the Danish wind turbine maker is running out of excuses
Next leads London retailers lower after trading update
2012-01-04 08:52:17 from FT.com - Energy Utilities Mining
High street stocks under pressure after a lukewarm response to first in a series of trading updates for the festive period
Ecuador court upholds $18bn Chevron ruling
2012-01-04 04:19:03 from FT.com - Energy Utilities Mining
Three-judge panel affirms an original decision ordering the oil group to pay $18bn in damages for pollution in the Amazon
Wave energy pioneer courts big engineers
2012-01-04 02:38:12 from FT.com - Energy Utilities Mining
Pelamis Wave Power hopes to attract interest by BAE Systems, Rolls-Royce and Weir after receiving some £45m in venture capital funding
Little take-up for heating discount scheme
2012-01-04 00:09:00 from FT.com - Energy Utilities Mining
Save the Children says energy companies should do more to advertise £120 discount on fuel bills of 800,000 poorest families
Deepwater liabilities make momma look small
2012-01-03 23:30:56 from FT.com - Energy Utilities Mining
Tony Hayward is set to ‘achieve closure’ through his yacht disposal. It will take BP far longer to draw a line under the episode
Shift in green rhetoric damps sentiment
2012-01-03 22:01:57 from FT.com - Energy Utilities Mining
Investors, employers and environmental groups are debating if the new tone presages a change in government policy
Hormuz oil spike could spark global recession
2012-01-03 20:30:26 from Energy - Telegraph
Escalating tensions with Iran have pushed the cost of crude oil higher as fears mount that a 1970s-style jump in the oil price could send both Eastern and Western economies into recession.![]()
BP's spill victim fund halts payments
2012-01-03 20:01:04 from Energy - Telegraph
BP's fund to compensate those affected by the Gulf of Mexico oil spill has been frozen after the US courts ordered that a portion of payments to victims be collected to pay lawyers.![]()
BP presses its oil spill case against Halliburton
2012-01-03 20:01:00 from Energy - Telegraph
Oil giant BP began the year with legal action pressing its case that Halliburton, its contractor on the well behind the Gulf of Mexico oil spill, should bear all the costs and damages related to the disaster.![]()
Energy giant SSE hits 1GW wind power milestone
2012-01-03 19:36:37 from Energy - Telegraph
Energy giant SSE said it now has more than one gigawatt (GW), the equivalent of 1,000 megawatts (MW), of onshore wind farm capacity in operation for the first time.![]()
Nuclear safety work to cost France billions
2012-01-03 18:37:10 from FT.com - Energy Utilities Mining
French PM François Fillon said Paris would ‘ensure that nuclear operators will conform to all of the requests ... to the calendar they have imposed’
Crucial year for BP in gulf spill legal fight
2012-01-03 18:09:35 from FT.com - Energy Utilities Mining
The British oil major faces action on many fronts in the aftermath of the Deepwater Horizon disaster that killed 11 and released millions of barrels of oil into the sea
Vialogy boosted by ‘positive’ pilot projects
2012-01-03 17:33:59 from FT.com - Energy Utilities Mining
Software group says several large oil and gas exploration companies are set to adopt its technology
Anglo/Codelco: time for compromise
2012-01-03 17:24:21 from FT.com - Energy Utilities Mining
The Chilean miner has watched Anglo pour $2.8bn of capital expenditure into Anglo Sur and stands to collect almost half the asset on the cheap
Scientists warn on damage to peatlands
2012-01-03 16:40:41 from FT.com - Energy Utilities Mining
UK areas formed over thousands of years from dead and decaying plants are a significant source of carbon dioxide
Tough year ahead for under pressure Noble
2012-01-03 14:54:33 from FT.com - Energy Utilities Mining
Hong Kong-based commodities trading group has work cut out to keep investors happy
Total: continuing a trend
2012-01-03 13:48:43 from FT.com - Energy Utilities Mining
French oil company invests in the US shale gas boom
Iran tensions boost crude oil prices
2012-01-03 11:50:14 from FT.com - Energy Utilities Mining
Brent benchmark jumps by more than $2 on supply worries
BP says cement firm Halliburton should pay oil spill costs
2012-01-03 11:24:46 from Energy - Telegraph
Oil giant BP wants Halliburton, a contractor on the well which caused Gulf of Mexico oil spill, to pay all of its costs and damages relating to the disaster, according to a court filing.![]()
Total buys $700m stake in Utica shale
2012-01-03 09:03:30 from FT.com - Energy Utilities Mining
French group takes 25% in venture with Chesapeake and EnerVest
BP seeks $20bn from Halliburton over spill
2012-01-03 00:51:27 from FT.com - Energy Utilities Mining
Oil major files suit against Macondo well contractor seeking costs and damages in relation to the 2010 Gulf of Mexico oil spill
Eco-friendly sewage bricks in the pipeline
2012-01-02 22:37:24 from FT.com - Energy Utilities Mining
A Yorkshire company is seeking to bring to market blocks made from incinerated treated sludge
Former BP chief Tony Hayward to give yacht to charity
2012-01-02 21:30:58 from Energy - Telegraph
It briefly became the most notorious boat in the world, representing the worst excesses of "irresponsible capitalism". But now Bob, the yacht owned by former BP chief executive Tony Hayward, could be sailing off to a better home.![]()
The big questions for 2012
2012-01-02 20:53:42 from FT.com - Energy Utilities Mining
In a year of pivotal elections, what will be the main global themes? FT columnist Gideon Rachman and guest writers offer their opinions
Afren hits target for oil production
2012-01-02 19:59:33 from FT.com - Energy Utilities Mining
Strong recovery at a Nigeria field allows the oil group to reach a total output of 55,400 barrels a day, with more increases expected in 2012
Chinese solar company to buy Germany’s Sunways
2012-01-02 16:42:45 from FT.com - Energy Utilities Mining
Investor hopes of consolidation in troubled German solar sector rose after China’s LDK Solar said it planned to take over Germany’s Sunways
Drivers cut short journeys by 165 miles to beat fuel costs
2012-01-01 21:00:28 from Oil Prices - Telegraph
The average British car driver travelled 165 miles fewer in 2011 than in the previous year because of rising petrol prices.![]()
GlaxoSmithKline powers ahead with plans for wind turbines
2012-01-01 18:06:09 from Energy - Telegraph
GlaxoSmithKline is pressing ahead with plans to erect two wind turbines at its Montrose plant in the face of opposition from local residents.![]()
Exxon wins $900m in Venezuela claim
2012-01-01 17:23:58 from FT.com - Energy Utilities Mining
US oil major Exxon has secured $900m in compensation from Venezuela, less than 10% of the original claim sought from the government of Hugo Chávez
US court blocks new emissions rules
2011-12-31 01:10:51 from FT.com - Energy Utilities Mining
The ruling ordered the Environmental Protection Agency to delay implementing regulations designed to limit interstate air pollution, giving a boost to power companies
Vialogy in data analysis software push
2011-12-30 17:07:12 from FT.com - Energy Utilities Mining
Efforts stepped up to win acceptance by big oil and gas exploration companies of seismic mapping technology
Russia fights fire on nuclear submarine
2011-12-30 09:34:25 from FT.com - Energy Utilities Mining
Russia said it had brought a blaze aboard a nuclear submarine under control by partially submerging the vessel
Ministers were warned of Falklands threat
2011-12-30 00:00:16 from FT.com - Energy Utilities Mining
The government was told in 1981 that naval defence cuts could prompt an Argentinian invasion, reveal archives
US authorities prepare criminal charges over Gulf of Mexico oil spill
2011-12-29 20:11:22 from Energy - Telegraph
BP engineers could face US criminal charges early in the new year over the oil spill in the Gulf of Mexico.![]()
UK companies to invest £2.5bn in renewables
2011-12-29 20:11:00 from Energy - Telegraph
British companies have announced plans to invest a total of £2.5bn in renewable energy projects, according to the Energy Secretary Chris Huhne.![]()
China rebuffs scheme to cut steel emissions
2011-12-29 20:08:20 from FT.com - Energy Utilities Mining
Not a single steelmaker could be persuaded to join a project to reduce carbon dioxide emissions, in an embarrassment for the World Steel Association
Ferreira’s transparency push calms suspicions
2011-12-29 19:29:13 from FT.com - Energy Utilities Mining
New mining regulations early next year will be the rest test for Vale’s chief executive, a company veteran with links to Brazil’s president
Vale faces increased competition in Africa
2011-12-29 18:09:47 from FT.com - Energy Utilities Mining
The continent is important for the Brazilian group as it seeks to replenish assets and increase production
Land prices surge in US shale oilfields
2011-12-29 16:16:29 from FT.com - Energy Utilities Mining
Growth in ‘fracking’ extraction prompts international energy groups to embark on a ‘resource grab’ that has triggered rapid cost inflation
Nuclear energy
2011-12-29 14:37:26 from FT.com - Energy Utilities Mining
Fukushima shocked governments into reassessing their attitudes towards their favoured methods of power generation
China allows Valemax ship to dock
2011-12-29 12:57:42 from FT.com - Energy Utilities Mining
World’s largest iron ore producer took a significant step towards its goal of controlling all its shipping to the country
US eyes first BP criminal charges over Gulf oil spill, report
2011-12-29 08:24:24 from Energy - Telegraph
US prosecutors are readying criminal charges against British oil giant BP employees over the 2010 Deepwater Horizon accident that led to the catastrophic Gulf oil spill, The Wall Street Journal reported.![]()
China lifts export quotas for rare earths
2011-12-28 22:15:11 from FT.com - Energy Utilities Mining
First such move by Beijing since records began six years ago, reversing an extended period of sustained restrictions used to prop up prices
Relief for BP as US judge rules it was not at fault for Alaskan spill
2011-12-28 20:21:58 from Energy - Telegraph
BP has scored a legal victory in the US after a judge dismissed government claims that the company was at fault for a second oil spill in Alaska.![]()
Oil price falls despite threat to close Strait of Hormuz
2011-12-28 20:10:08 from Energy - Telegraph
Oil prices fell today as investors ignored Iran's threat to halt oil shipments through the Strait of Hormuz.![]()
Turkey deal boosts Russia’s pipeline project
2011-12-28 18:11:24 from FT.com - Energy Utilities Mining
Approval is granted for the construction of the South Stream pipeline across the Black Sea, part of Moscow’s plan for greater supply to European markets
Corn surges on Argentine crop fears
2011-12-28 18:05:57 from FT.com - Energy Utilities Mining
Prices edge close to six-week high as dry spell threatens output in the world’s second-largest exporter
Tokyo Electric Power Co shares plunge on fears Fukushima nuclear plant owner may be nationalised
2011-12-28 13:00:53 from Energy - Telegraph
Shares in Tokyo Electric Power Co (Tepco), the owner of the crippled Fukushima nuclear power station in Japan, plunged 12pc in Asian trade on nationalisation fears.![]()
Judge releases BP from probation for spill
2011-12-27 23:58:49 from FT.com - Energy Utilities Mining
A US federal court found the company was not negligent in the case of a 2009 oil spill and did not violate the terms of its probation from an earlier accident
Russian police 'harassed BP critics'
2011-12-27 22:00:45 from Energy - Telegraph
Junior shareholders in BP's Russian joint venture have accused local police of pressuring them into withdrawing potentially damaging allegations relating to multi-billion dollar lawsuits against the oil major.![]()
EDF unveils Edison takeover details
2011-12-27 17:18:44 from FT.com - Energy Utilities Mining
French utility takes final steps in its agreement to acquire Italy’s second-biggest power provider
Tepco under pressure to nationalise
2011-12-27 16:24:48 from FT.com - Energy Utilities Mining
Mizuho Financial says state support for the troubled utility is a key condition that would need to be met before it could provide further lending
Oil climbs amid Middle East tensions
2011-12-27 16:23:02 from FT.com - Energy Utilities Mining
Syria admits it was forced to cut crude output by EU embargo
Companies dig in to buy-backs
2011-12-27 15:56:49 from FT.com - Energy Utilities Mining
Share repurchases have been favoured as a flexible way of returning cash to investors
Report scathing of response to Fukushima nuclear crisis
2011-12-26 13:47:10 from FT.com - Energy Utilities Mining
The operator of the Fukushima nuclear power plant and its regulators failed in their duty to prepare for and respond to a major emergency, contributing to the worst nuclear accident in a quarter century, according to a committee investigating the disaster
Codelco reaffirms push for Anglo mine stake
2011-12-24 00:15:50 from FT.com - Energy Utilities Mining
Chilean group dismisses lawsuit filed by UK miner in a dispute over rights to a suite of copper assets based around its star Los Bronces mine
Amerisur to extend oil pumping in Colombia
2011-12-23 23:17:29 from FT.com - Energy Utilities Mining
The 12% fall in the oil explorer’s share price leaves it in reasonable shape and with modest revenues to help fund further exploration
No early Christmas for the contrarian speculator
2011-12-23 17:56:03 from FT.com - Energy Utilities Mining
History suggests buying the year’s worst-performing stocks over the winners works only ahead of a macro turning point
Two more solar groups add to sector’s woes
2011-12-23 16:36:18 from FT.com - Energy Utilities Mining
BP to shut solar division while Germany’s Solar Millennium files for insolvency – only eight days after another German company Solon did the same
India set to launch infrastructure push
2011-12-23 13:58:49 from FT.com - Energy Utilities Mining
India is set to launch a fresh push to restart many of the country’s most important stalled infrastructure projects
China / Portugal: bail-out?
2011-12-23 13:20:09 from FT.com - Energy Utilities Mining
Chinese buy a stake in a Portuguese energy company
Yanzhou and Gloucester agree $2.1bn merger
2011-12-23 11:37:08 from FT.com - Energy Utilities Mining
Deal caps year of huge interest in Australia’s resources sector and will create one of country’s largest coal groups
Households paying £100 more a year for energy
2011-12-23 06:00:24 from Energy - Telegraph
Households will have paid £100 more in energy bills this year than they would have for the same amount of usage in 2010, according to the latest Government figures.![]()
Repsol in $1bn deal for Mississippi fields
2011-12-22 23:39:53 from FT.com - Energy Utilities Mining
The Spanish oil company will take minority stakes as part of a drive to diversify into producing assets in less politically volatile countries
Church and National Trust attack solar cuts
2011-12-22 20:41:29 from FT.com - Energy Utilities Mining
‘Lurches in policy send bad signal,’ say groups, which have helped put solar power systems on castles, schools, churches – and a cathedral
Exploring for oil in Falklands threatens to open old wounds
2011-12-22 20:26:40 from FT.com - Energy Utilities Mining
Mercosur bans Falkland-flagged ships from docking, highlighting the geopolitical stakes involved in hunt for fossil fuels
North Sea tax grab blamed for record slump in UK oil and gas production
2011-12-22 19:51:07 from Energy - Telegraph
The Government was forced to deny that its North Sea tax hike had hit the UK oil and gas industry, after official figures revealed the biggest year-on-year quarterly production drop since records began.![]()
Three Gorges outbids rivals for stake in EDP
2011-12-22 19:20:44 from FT.com - Energy Utilities Mining
The Chinese group will pay €2.7bn for 21.35% of the Portuguese utility in a deal that signals other potential sales to China by eurozone economies
Anglo launches Codelco legal battle
2011-12-22 19:05:03 from FT.com - Energy Utilities Mining
Miner files wide-ranging claims contract breaches against Chilean group, saying it should be blocked from exercising rights over copper assets
Alfa-Cukurova dispute takes new turn
2011-12-22 17:27:43 from FT.com - Energy Utilities Mining
Mikhail Fridman claims Mehmet Karamehmet transferred ownership of global assets, including Genel, ahead of an international tribunal ruling
RWE abandons tie-up push with Gazprom
2011-12-22 17:25:13 from FT.com - Energy Utilities Mining
The announcement to abort efforts to form a joint venture with the Russian gas group is a second blow this month for the German utility
India woes raise fears for Essar’s global reach
2011-12-22 16:46:59 from FT.com - Energy Utilities Mining
The court’s decision for Ravi Ruia to face charges relating to a telecoms scandal comes at a critical time for the group’s core businesses
IAG’s dealmaking takes it onto FTSE leaderboard
2011-12-22 11:38:24 from FT.com - Energy Utilities Mining
Parent of British Airways makes gains on deal news and demand for heavily-weighted stocks raises rally hopes
Energy sector predictions for 2012
2011-12-22 07:00:26 from Energy - Telegraph
When Chris Huhne announced the Green Deal in September 2010, he vowed it would be the "the most ambitious energy saving plan ever put forward, a once-and-for-all refit that will make every home in Britain ready for a low carbon future".![]()
Energy prices predictions for 2012:
2011-12-22 07:00:17 from Energy - Telegraph
Energy prices have soared during 2011, and while some analysts forecast they could fall slightly in 2012, there is no guarantee any savings will be passed on to customers.![]()
DoJ tells Exelon to sell three plants in Maryland
2011-12-21 22:37:04 from FT.com - Energy Utilities Mining
Disposals a condition from the department’s antitrust division for the $7.9bn Constellation deal to go ahead
EPA toughens rules on US power emissions
2011-12-21 22:06:04 from FT.com - Energy Utilities Mining
For the the first time, there will be nationwide limits placed on the emission of mercury and other pollutants from certain American energy plants
Essar chairman Ravi Ruia to stand down
2011-12-21 20:28:14 from Energy - Telegraph
Ravi Ruia, chairman of oil refiner and power plant operator Essar Energy, is to temporarily step down while Indian authorities investigate his alleged involvement in a multi-billion dollar telecoms scandal.![]()
National Grid fined £4.3m over slow gas leak responses
2011-12-21 18:31:20 from Energy - Telegraph
National Grid Gas has been fined £4.3m and Northern Gas Networks (NGN) fined £900,000 by energy regulator Ofgem for failing to attend to gas leaks on time.![]()
Solar groups win court case on subsidies
2011-12-21 18:13:02 from FT.com - Energy Utilities Mining
Hudge decides government acted unlawfully because cuts to feed-in tariffs came into effect two weeks before consultation was completed
National Grid fined over gas escape delays
2011-12-21 18:08:38 from FT.com - Energy Utilities Mining
Company says it has ‘learned lessons’ after missing targets for attending leaks last winter
Shell shuts its huge Bonga oil field after leak
2011-12-21 17:34:25 from Energy - Telegraph
Royal Dutch Shell has been forced to shut its 200,000 barrel-a-day Bonga oil field off the coast of Nigeria after up to 40,000 barrels of crude oil leaked into the ocean.![]()
Essar founder steps down to face 2G charges
2011-12-21 13:46:25 from FT.com - Energy Utilities Mining
Ravi Ruia will face charges at a special court looking into the India telecoms scandal, the most senior executive so far caught up in the broad investigation
Political shadows darken outlook for Iraqi oil
2011-12-21 10:59:27 from FT.com - Energy Utilities Mining
Only three days after US departure, disputes between key groups set tone in Baghdad, writes Javier Blas
Vale looks to sell iron ore carriers
2011-12-20 23:40:03 from FT.com - Energy Utilities Mining
The mining company is eyeing the move amid fierce opposition from Chinese shipowners as it shifts its focus back to core projects
BP, Total and Statoil secure Angola rights
2011-12-20 19:34:54 from FT.com - Energy Utilities Mining
A new exploration frontier off the coast of the African country that may be similar to oil fields found in Brazil is to be opened
Shell shuts down drilling at Gulf of Mexico rig
2011-12-20 19:09:33 from Energy - Telegraph
Shell has shut down drilling at a deepwater rig in the Gulf of Mexico after a leak of "base oil", just 26 miles from the site of last year's disastrous oil spill at BP's Macondo well.![]()
Recession economics returns to metals
2011-12-20 19:06:45 from FT.com - Energy Utilities Mining
As the prices of aluminium, nickel and platinum fall sharply, investors are asking when mines and smelters will start to close
US oil boom town prompts crude glut fears
2011-12-20 18:32:33 from FT.com - Energy Utilities Mining
New construction in Oklahoma community will raise the hub’s capacity to a record 79m barrels by the end of next year, up 2½ times from 2006
Afghan rail plan to boost mineral exports
2011-12-20 17:19:30 from FT.com - Energy Utilities Mining
Asian Development Bank wants to raise $1bn to expand new line into network to deliver iron ore and copper to global markets
Petropavlovsk chief steps aside to be senator
2011-12-20 17:13:26 from FT.com - Energy Utilities Mining
Maslovsky nominated a senator for Amur, the remote region of the Russian Far East where he has overseen the development of four gold mines
Solar companies challenge plan to halve subsidies
2011-12-20 12:51:22 from FT.com - Energy Utilities Mining
High Court told that plans by government to cut support for sun power are ‘manifestly unlawful’
Shell reports spill from Gulf of Mexico oil rig
2011-12-20 12:33:13 from Energy - Telegraph
Shell has reported a leak from an oil rig in the Gulf of Mexico, just 26 miles from the site of last year's disastrous spill from BP's Macondo well.![]()
Yanzhou Coal in talks to buy Australian miner
2011-12-20 12:05:44 from FT.com - Energy Utilities Mining
Negotiations with Gloucester Coal show China’s sustained interest in country’s commodity assets
Repsol rescues Sacyr with stake purchase
2011-12-20 10:21:05 from FT.com - Energy Utilities Mining
Repsol has bought back 10 per cent of its own shares from Sacyr at a discount, ending a five year battle for control over the oil group
Questor share tip: Aggreko still powering ahead
2011-12-20 07:00:15 from Energy - Telegraph
European Goldfields's busy year just got busier with Canadian miner Eldorado Gold launching a C$2.5bn (£1.55bn) bid for the group.![]()
Eldorado Gold: mining a new seam
2011-12-19 20:02:36 from FT.com - Energy Utilities Mining
If shareholders in European Goldfields approve the Eldorado offer the expanded group would see its output grow from 650,000 ounces this year to 1.5m by 2015
New twist in riddle of Norilsk stake
2011-12-19 19:31:24 from FT.com - Energy Utilities Mining
The mystery over the ownership of a multibillion-dollar 8 per cent stake in the Rusisan miner deepens after Trafigura reveals it owns only 0.9 per cent
Gulf Keystone denies bid talk
2011-12-19 18:23:01 from Energy - Telegraph
Oil exploration group Gulf Keystone Petroleum has denied a weekend newspaper report that it was in £7bn bid talks with ExxonMobil.![]()
Canadian company to run Greek gold mines
2011-12-19 17:32:40 from FT.com - Energy Utilities Mining
Canadian gold producer to invest $1.5bn in two sites in test of whether Greece can overcome historic reluctance to allow foreign-backed projects
Sinopec eyes €2.7bn Repsol stake
2011-12-18 22:23:48 from FT.com - Energy Utilities Mining
Chinese oil group approached by advisers of Sacyr, the indebted builder that is seeking to offload half of its shares in the Spanish company
Dozens feared dead as Russian oil rig capsizes
2011-12-18 19:13:32 from FT.com - Energy Utilities Mining
An oil drilling rig being towed to Sakhalin island has capsized off Russia’s Far East coast, leaving more than 50 crew either dead or missing
US approves Shell’s plan for Arctic drilling
2011-12-17 00:02:16 from FT.com - Energy Utilities Mining
The oil and gas group secures backing to drill in the Arctic waters off Alaska but warns conditions imposed could “severely impact” its plans
Afferro gains from $115m disposal
2011-12-16 21:25:46 from FT.com - Energy Utilities Mining
Afferro Mining jumped 31.9% on news it had agreed to sell its remaining 38.5% stake in the Putu joint venture in Liberia
Deepwater contractor settles with BP for $250m
2011-12-16 21:19:06 from Energy - Telegraph
Cameron International, the maker of the blowout preventer on the Deepwater Horizon rig at the centre of last year's Gulf of Mexico oil spill, will pay BP $250m to settle all claims in the accident.![]()
Eurozone crisis and China fears weigh on crude
2011-12-16 19:55:24 from FT.com - Energy Utilities Mining
Front-month ICE Brent, the global benchmark, fell $1.05 a barrel to $102.46 – the lowest since early October
Small caps: Melrose’s output disappoints
2011-12-16 19:06:25 from FT.com - Energy Utilities Mining
The oil and gas explorer stumbled 2.9% to 124p after its production target for 2012 underwhelmed analysts
Japan makes breakthrough in nuclear crisis
2011-12-16 17:03:56 from FT.com - Energy Utilities Mining
Japan has brought the Fukushima nuclear power station to a safe ‘cold shutdown’ concluding the most dangerous phase of its nuclear crisis after a nine-month struggle.
Outlook darkens for solar panel groups
2011-12-16 17:03:29 from FT.com - Energy Utilities Mining
Germany-based Solon and First Solar of the US highlight the sector’s troubles
BP gets $250m payment from Cameron in Gulf spill settlement
2011-12-16 10:25:17 from Energy - Telegraph
Cameron International, the maker of the blowout preventer on the Deepwater Horizon rig at the centre of last year's Gulf of Mexico oil spill, will pay BP $250m (£161m) to settle all claims in the accident.![]()
BP gets $250m payment from Cameron in Gulf of Mexico oil spill settlement
2011-12-16 10:25:17 from Energy - Telegraph
Cameron International, the maker of the blowout preventer on the Deepwater Horizon rig at the centre of last year's Gulf of Mexico oil spill, will pay BP $250m (£161m) to settle all claims in the accident.![]()
Solar groups win subsidy hearing
2011-12-15 22:59:55 from FT.com - Energy Utilities Mining
Move was welcomed by Solarcentury and HomeSun, which have joined forces with Friends of the Earth to challenge ministers’ move to cut subsidies
Spoils of Iraq war evade US and UK
2011-12-15 19:27:47 from FT.com - Energy Utilities Mining
Washington ‘did not push hard enough for American companies to invest’, leaving other countries to capitalise on reconstruction push
Chevron: Brazil spill chill
2011-12-15 19:09:13 from FT.com - Energy Utilities Mining
The market expects a $10.6bn damages claim to be significantly reduced. Brazil cannot afford to chase away foreign capital and expertise
Democrat proves YouTube hit on Iran sanctions
2011-12-15 18:02:14 from FT.com - Energy Utilities Mining
Speech by Robert Menendez, a Democrat from New Jersey, which calls for the US to lead from the front, has been viewed by thousands
South African judge overrules ICT rights award
2011-12-15 17:58:49 from FT.com - Energy Utilities Mining
ArcelorMittal and Anglo American claim victory in dispute over prospecting rights at an iron ore mine that was awarded to a company linked to politicians
Chiquita to stop use of tar sands oil
2011-12-15 17:53:49 from FT.com - Energy Utilities Mining
The fruit producer is the latest company to move to stop using oil from Canada’s tar sands in its fuel supplies, after a campaign by an environmental group
Questor shares tip: Centrica falls present buying opportunity
2011-12-15 07:00:49 from Energy - Telegraph
Shares in British Gas owner Centrica have underperformed markedly of late - but Questor thinks the falls are overdone and offer good value.![]()
Chevron and Transocean sued over spill
2011-12-14 23:56:14 from FT.com - Energy Utilities Mining
Brazil’s federal prosecutors are seeking R$20bn in damages and demanding that both companies shut their operations in the country
UK Coal fined £1.2m for miners’ deaths
2011-12-14 23:01:23 from FT.com - Energy Utilities Mining
Company admits breaching health and safety laws after four men perished in accidents at two collieries
BP leads bids for new Gulf of Mexico leases
2011-12-14 22:42:36 from FT.com - Energy Utilities Mining
The results of the sale of new oil exploration rights show company’s commitment to the region in spite of the huge cost of the Deepwater Horizon disaster
Opec puts on united front in output deal
2011-12-14 20:24:49 from FT.com - Energy Utilities Mining
Cartel puts disagreement of previous meeting behind it with accord to keep oil output at current levels for the first half next year
Iranians seek to placate Saudi Arabia
2011-12-14 20:24:18 from FT.com - Energy Utilities Mining
Tehran appeared in no mood to challenge Riyadh at an Opec meeting after months of rising tensions between the two Gulf rivals
TNK-BP invests $10bn to pump Arctic oil to Chinese markets
2011-12-14 20:15:54 from Energy - Telegraph
TNK-BP, the Russian joint venture of BP, is to invest $10bn (£6.5bn) in its Arctic oil fields, enabling export of its huge reserves in the region to Chinese markets by 2016.![]()
Freeport strikes deal over Papua mine pay
2011-12-14 19:48:44 from FT.com - Energy Utilities Mining
Strike action, protests and deaths at gold and copper mine have resulted in drop in production to 5 per cent of normal capacity
Household energy bills to rise by £100 a year
2011-12-14 19:41:51 from FT.com - Energy Utilities Mining
Government-sponsored report expects a rise in energy costs due to carbon-reduction commitments, but predicts bills to hold steady by 2020
First Solar warns of sustained margin pressure
2011-12-14 18:53:36 from FT.com - Energy Utilities Mining
The world’s largest solar power company by market capitalisation has cut its earnings guidance again and set out plans to end its reliance on subsidised markets
Oil group secures Kazakh agreement
2011-12-14 16:01:39 from FT.com - Energy Utilities Mining
BG and ENI lead deal to solve two-year legal dispute surrounding Karachaganak oil and gas field
Solon opens insolvency proceedings
2011-12-14 14:54:23 from FT.com - Energy Utilities Mining
Solar power equipment maker is Germany’s biggest victim of an industry crisis driven by overcapacity and low-cost foreign competition
Opec nears output agreement
2011-12-14 10:48:52 from FT.com - Energy Utilities Mining
Oil ministers were edging towards a decision to keep production broadly steady at 30m barrels a day to balance global supply and demand
Questor share tip: Worth tapping into Petrofac as profit forecasts grow
2011-12-14 07:00:02 from Energy - Telegraph
Oil services group Petrofac yesterday upgraded its net profit growth guidance for the full year to 20pc from 15pc.![]()
EDF: Construction stand-offs threaten UK nuclear delivery
2011-12-13 23:01:04 from Energy - Telegraph
Poor relations between construction unions and management could raise the costs of the UK's new generation of nuclear plants, EDF warned on Tuesday.![]()
EDF Energy: Construction stand-offs threaten UK nuclear delivery
2011-12-13 23:01:04 from Energy - Telegraph
Poor relations between construction unions and management could raise the costs of the UK's new generation of nuclear plants, EDF Energy warned on Tuesday.![]()
Falklands update boosts Rockhopper
2011-12-13 22:49:27 from FT.com - Energy Utilities Mining
Successful drilling in acreage across the North Falklands Basin follows a deal struck between Rockhopper and fellow explorer Desire Petroleum
Petrofac raises profits guidance
2011-12-13 20:15:11 from FT.com - Energy Utilities Mining
The UK oil and gas services company expects a strong trading performance next year in spite of a fall in its order backlog worth $10.6bn
Small caps: Cove Energy advances
2011-12-13 20:03:07 from FT.com - Energy Utilities Mining
Oil and gas explorer opens a data room for parties interested in its Mozambique field
UraMin deal was a wager on new power stations
2011-12-13 19:51:27 from FT.com - Energy Utilities Mining
Areva’s purchase of the miner was a long-term bet that nuclear reactors would be built amid concerns about energy security and climate change
Battle for Areva to stay ahead in nuclear
2011-12-13 19:20:31 from FT.com - Energy Utilities Mining
French group reveals that it is going to take a €2.4bn writedown and make at least 1,500 workers redundant as it adopts a cost-cutting strategy
Ghana leads African quest to boost growth
2011-12-13 18:40:51 from FT.com - Energy Utilities Mining
While much of the world is fighting to avert a fresh downturn, the nation’s economy has expanded by an estimated record 13.6 per cent this year
Rio wins in Ivanhoe stake dispute
2011-12-13 10:36:38 from FT.com - Energy Utilities Mining
Rio comes out on top in a dispute with potential takeover target Ivanhoe after an arbitrator rules against Ivanhoe’s efforts to prevent Rio lifting its stake
IEA urges Opec to maintain supplies
2011-12-13 10:32:31 from FT.com - Energy Utilities Mining
Watchdog calls for the oil cartel to maintain production at more than 30m b/d through all of next year to help rebuild depleted inventories
Eon reveals €3bn writedown
2011-12-13 10:26:08 from FT.com - Energy Utilities Mining
German utility gives pessimistic projections for power prices and volumes in Italy, Spain and eastern Europe
Abu Dhabi to buy 9.9% stake in Thames Water
2011-12-13 03:44:53 from FT.com - Energy Utilities Mining
Macquarie, which leads a consortium of investors that owns the holding unit for the UK utility, declines to reveal terms for the sale
BG prepares to sell $600m stake in Gujarat Gas
2011-12-12 22:06:07 from FT.com - Energy Utilities Mining
Move comes as part of a review of the oil explorer’s global portfolio amid speculation of plans to divest a stake in its Brazilian operations
Oil investors brace for rough ride
2011-12-12 20:09:02 from FT.com - Energy Utilities Mining
In the trading rooms of London, New York and Geneva the talk is of tail risks, low probability events that have an outsize impact on prices
Areva
2011-12-12 20:08:34 from FT.com - Energy Utilities Mining
Chief executive Luc Oursel has a tough job to turn this industry behemoth round
Iron ore development company boosted by stake sale news
2011-12-12 19:49:47 from FT.com - Energy Utilities Mining
The iron ore development company focused on West Africa surged on news it agreed to sell its remaining stake in the Putu joint venture in Liberia, writes Keyur Patel
ENRC hit by wrongful dismissal claim
2011-12-12 19:48:33 from FT.com - Energy Utilities Mining
The miner’s former head of human resources is seeking damages of about $1m in a case recently filed in the high court but not yet acknowledged
Fat-tail fears catch oil traders between $50 and $150 bets
2011-12-12 18:25:44 from FT.com - Energy Utilities Mining
Fears of spike over crisis in Middle East or collapse due to eurozone send traders looking for insurance
BP chairman Carl-Henric Svanberg doubles up with Volvo job
2011-12-12 18:23:13 from Energy - Telegraph
BP was on the defensive on Monday about the future of part-time chairman Carl-Henric Svanberg following his appointment as head of Volvo, the Swedish motor vehicle manufacturer.![]()
Gulfsands hit by EU sanctions on Syria
2011-12-12 17:49:50 from Energy - Telegraph
The latest sanctions imposed by the European Union on Syria as a result of the Arab Spring uprising saw shares in Aim-listed oil and gas company Gulfsands Petroleum fall almost 9pc on Monday.![]()
Argentina poised for shale oil and gas boom
2011-12-12 17:47:13 from FT.com - Energy Utilities Mining
YPF eyes another 1bn barrel discovery in the Vaca Muerta formation adjacent to a Patagonian field
Gulfsands shuts down production in Syria
2011-12-12 17:29:07 from FT.com - Energy Utilities Mining
EU sanctions against Bashar al-Assad’s regime prompts the UK group to invoke force majeure conditions in its production-sharing agreement with Damascus
BP / Volvo: Carl-Henric Svanberg
2011-12-12 15:20:35 from FT.com - Energy Utilities Mining
BP chairman has enough to do without taking on another job
Iraq makes strides but debt mountain remains
2011-12-12 14:20:48 from FT.com - Energy Utilities Mining
The country has achieved much economically eight years on from the US-led invasion, yet problems of reparations and corruption remain
Areva shares suspended as losses expected
2011-12-12 12:11:20 from FT.com - Energy Utilities Mining
State-owned French nuclear reactor maker is about to announce significant charges, with provisions in excess of €2bn expected
Saudi output points to healthier oil demand
2011-12-12 09:29:04 from FT.com - Energy Utilities Mining
Chinese demand could be more bullish for crude than many in the market realise, writes Javier Blas
Whitehaven and Aston agree A$5.1bn merger
2011-12-12 05:34:53 from FT.com - Energy Utilities Mining
The deal will create the largest independent coal company listed in Australia and is the latest in a sector that has seen a surge in deal-making
Chancellor too late to save Britain's alumium smelters
2011-12-11 21:30:53 from Energy - Telegraph
Tax relief no help for Harold Wilson's "white heat" interventions.![]()
Berlin backs Eon’s bid for Portugal stake
2011-12-11 20:35:00 from FT.com - Energy Utilities Mining
German group eyes renewable energy partnership with EDP, which Lisbon is auctioning off as part of its austerity drive
TNK-BP warned on legal action
2011-12-11 19:44:38 from FT.com - Energy Utilities Mining
Departing directors write to board chairman amid fears the group’s stability could be at stake
Credibility and unity at top of Opec’s agenda
2011-12-11 17:57:31 from FT.com - Energy Utilities Mining
Conflicting issues such as the uncertain economic backdrop in Europe and heightened tensions with Iran over possible sanctions occupy the cartel
Oil group to dilute shares in Kazakh project
2011-12-11 17:22:27 from FT.com - Energy Utilities Mining
International consortium led by BG and Eni is expected to sign an agreement with the central Asian state to transfer a stake in the Karachaganak oilfield
Peru’s prime minister steps down
2011-12-11 04:41:57 from FT.com - Energy Utilities Mining
Oscar Valdes, a former military officer, is to be sworn in on Sunday as Peru’s prime minister, replacing Salomón Lerner who unexpectedly resigned
New Peru PM promises ‘moderate’ policies
2011-12-11 04:41:57 from FT.com - Energy Utilities Mining
Former military officer Valdés plays down fears of a ‘militarisation’ of administration after sudden resignation of predessor
Treasury 'cash-grabs' hurt energy sector, says Tim Yeo
2011-12-10 21:00:29 from Energy - Telegraph
A "catalogue of cash-grabs" by the Treasury has damaged vital investor confidence across the energy sector, Tim Yeo, chairman of the energy select committee, has argued.![]()
Pair of independent directors to quit TNK-BP
2011-12-09 23:16:22 from FT.com - Energy Utilities Mining
Gerhard Schroeder, the former German chancellor, and James Leng are to quit
25 years on ... what could Sid tell us?
2011-12-09 19:17:00 from FT.com - Energy Utilities Mining
British Gas privatisation failed to encourage popular share ownership – but shareholder democracy is what we need today
Scotland faces £100m bill for hurricane
2011-12-09 18:15:59 from FT.com - Energy Utilities Mining
Early closures, blocked roads, power outages and employees staying at home have hit revenue and productivity, says PwC
Veolia chief sets two-year deadline for turnround
2011-12-09 17:09:17 from FT.com - Energy Utilities Mining
Antoine Frérot announced the ailing water services company is selling its stake in Transdev but investors will want more evidence of progress
Harry Winston posts heavy 3Q losses
2011-12-09 16:01:26 from FT.com - Energy Utilities Mining
Canadian diamond group blames writedowns and a 40% drop in sales in its mining sector
From King Coal to King Gas
2011-12-09 11:07:07 from FT.com - Energy Utilities Mining
ExxonMobil’s annual report notes the increasing importance of natural gas, writes Javier Blas
US seeks to block Transocean protection move
2011-12-09 01:33:59 from FT.com - Energy Utilities Mining
Drilling contractor asks for a summary judgment that would compel BP to meet any damages, penalties and other costs over the Deepwater Horizon disaster
EPA blames fracking for Wyoming pollution
2011-12-09 00:06:58 from FT.com - Energy Utilities Mining
First official finding of contamination due to procedure, but agency stresses that features of gas production in the state differ from other places
England's water merger controls to be relaxed
2011-12-08 22:30:32 from FT.com - Energy Utilities Mining
In a long-awaited white paper, the government says it intends to scrap the requirement for deals to be referred to the Competition Commission
England’s water merger controls to be relaxed
2011-12-08 22:30:32 from FT.com - Energy Utilities Mining
In a long-awaited white paper, the government says it intends to scrap the requirement for deals to be referred to the Competition Commission
Companies to be allowed to choose water suppliers
2011-12-08 22:27:20 from Utilities - Telegraph
Every business in England would be able to choose its water supplier, under radical plans to increase competition in the sector.![]()
Kalahari Minerals: China's nuclear option
2011-12-08 20:54:41 from FT.com - Energy Utilities Mining
Having bided its time since the UK Takeover Panel gave a second offer for Kalahari an adverse ruling, the Chinese company is hardly going to let anyone steal its prize
Kalahari Minerals: China’s nuclear option
2011-12-08 20:54:41 from FT.com - Energy Utilities Mining
Having bided its time since the UK Takeover Panel gave a second offer for Kalahari an adverse ruling, the Chinese company is hardly going to let anyone steal its prize
Chinese power group eyes uranium companies
2011-12-08 20:04:31 from FT.com - Energy Utilities Mining
CGNPC in £632m offer for London-listed Kalahari Minerals that if completed would trigger an offer for Australia-listed Extract Resources
GDF Suez lays out five-year plan in Asia
2011-12-08 19:39:47 from FT.com - Energy Utilities Mining
The world's biggest independent power producer is to spend up to €55bn as it tries to double its size in the region and cut its reliance on Europe
GDF Suez chief guards shareholders' interests
2011-12-08 19:39:47 from FT.com - Energy Utilities Mining
The French state may own 35% of the world's leading power generator, but its CEO has shown he is willing to do battle with Paris
GDF Suez chief guards shareholders’ interests
2011-12-08 19:39:47 from FT.com - Energy Utilities Mining
The French state may own 35% of the world’s leading power generator, but its CEO has shown he is willing to do battle with Paris
Syrian pipeline attack raises supply threat
2011-12-08 19:09:17 from FT.com - Energy Utilities Mining
Raid on key installation by rebel fighters highlights fragility of oil industry in Middle East where markets have been disrupted by Arab Spring
Natural gas to eclipse coal by 2025 as major energy source
2011-12-08 17:59:40 from Energy - Telegraph
Natural gas will eclipse coal as the world's second-biggest source of energy in just over ten years, according to ExxonMobil's latest annual survey.![]()
Tepco faces renewed pressure over state aid
2011-12-08 16:21:56 from FT.com - Energy Utilities Mining
Shares fall on rumours of equity stake in return for Y1,000bn government capital injection
Rockhopper and Desire jump on Falklands find
2011-12-08 07:00:25 from Energy - Telegraph
Rockhopper Petroleum has unveiled another oil discovery near the Falkland Islands, sending its shares up almost 10pc.![]()
BP faces five more charges over gulf spill
2011-12-07 23:17:16 from FT.com - Energy Utilities Mining
Oil major responds that issues raised by regulator played 'no causal role' in Deepwater Horizon disaster
BP talks peace deal with Russian partners
2011-12-07 23:13:01 from FT.com - Energy Utilities Mining
Discussions on a settlement, which would involve the transfer of some BP assets to TNK-BP, come ahead of a critical board meeting in Brussels
If you see Sid, thank him, 25 years after gas float
2011-12-07 22:57:10 from FT.com - Energy Utilities Mining
An epoch-defining privatisation, the £5.6bn sale of shares in British Gas marked the high summer of Thatcherite optimism for popular capitalism
Crude tumbles after jump in US oil stocks
2011-12-07 20:52:20 from FT.com - Energy Utilities Mining
ICE January Brent fell 89 cents a barrel to $109.92 in New York midday trading while Nymex January WTI was down 34 cents a barrel at $100.94
Dream of wide share ownership foiled
2011-12-07 19:48:49 from FT.com - Energy Utilities Mining
By the end of the 1980s individuals owned 20.3% of UK equities, but that fell to 16% by the millennium, due in part to initial over enthusiasm and Black Monday
PetroChina finds shale gas reserves
2011-12-07 19:01:12 from FT.com - Energy Utilities Mining
Such sources expected to transform China's energy supply in future decades by providing potentially cheap and plentiful fuel
Victory over oil rig workers on holiday allowances
2011-12-07 18:57:03 from Energy - Telegraph
The oil and gas industry can breathe a sigh of relief after the Supreme Court said employers could insist workers take their holiday during onshore rest periods rather than interrupt offshore work.![]()
Buffett utility company buys into solar power
2011-12-07 17:59:44 from FT.com - Energy Utilities Mining
MidAmerica Energy Holdings, the utility company owned by Warren Buffett's Barkshire Hathaway is to make its first investment in solar power
Buffett utility makes solar power move
2011-12-07 17:59:44 from FT.com - Energy Utilities Mining
MidAmerica Energy Holdings, the utility owned by Berkshire Hathaway is to make its first investment in solar power
Refining: Domestic processing capacity is rising quickly
2011-12-07 16:28:52 from FT.com - Energy Utilities Mining
Sylvia Pfeifer and Javier Blas find the region's industry is diversifying beyond extraction
Deciphering Saudi's crude price hike
2011-12-07 10:12:53 from FT.com - Energy Utilities Mining
Move reflects market tightness and reduces likelihood of Opec supply cuts at next week's meeting, writes Jack Farchy
RWE capital call falls short after S&P warning
2011-12-07 00:03:19 from Energy - Telegraph
German power giant RWE failed to raise its targeted €2.5bn (£2.15bn) from shareholders after Standard & Poor's warning about cutting eurozone credit ratings - including Germany's - played havoc with its funding plans.![]()
Mines in the Andes
2011-12-06 23:36:34 from FT.com - Energy Utilities Mining
Development must be balanced by environmental concerns
Veolia to sell UK water companies
2011-12-06 23:32:10 from Utilities - Telegraph
Veolia, the French utility giant, plans to sell €5bn (£4.3bn) of assets, including its three UK-regulated water companies and its 50pc stake in public transport company Transdev.![]()
Small caps: European Goldfields boosted
2011-12-06 21:09:00 from FT.com - Energy Utilities Mining
The Anglo-Canadian gold miner, whose main asset is in Greece, said that it had received preliminary approaches from third parties
Bob Dudley says high oil prices threaten economic recovery
2011-12-06 20:27:41 from Energy - Telegraph
Oil prices are so high as to risk stunting global economic growth, according to BP chief executive Bob Dudley.![]()
Platinum touches 26-year low versus gold
2011-12-06 18:41:53 from FT.com - Energy Utilities Mining
The price of the precious metal fell below the $1,500 an ounce mark for the first time in six weeks
Regulators strike $210m deal over mine deaths
2011-12-06 17:51:22 from FT.com - Energy Utilities Mining
Alpha Natural Resources reached agreement with regulators in an effort to close a series of civil and criminal probes related to the disaster at a mine in West Virginia
Veolia in €5bn fire sale of assets
2011-12-06 17:32:01 from FT.com - Energy Utilities Mining
Water utility's new chief executive has revealed a restructuring plan for a 'profound transformation' that breaks from its expansionist past
Questor share tip: Three battered oil companies
2011-12-06 17:18:35 from Energy - Telegraph
Questor takes a look at three underperforming oil shares that have been tipped in this column and gives a view on what investors should do.![]()
Codelco workers threaten strike over sale
2011-12-06 17:07:18 from FT.com - Energy Utilities Mining
Chilean miners prepared to walk out if Anglo American refuse to sell
Anglo American
2011-12-06 14:51:38 from FT.com - Energy Utilities Mining
Investors in the London-listed miner have something to celebrate for once
Veolia: back to basics
2011-12-06 14:08:23 from FT.com - Energy Utilities Mining
Investors should wait until French utility makes progress on new strategy
RWE share sale hit by S&P warning
2011-12-06 12:11:48 from FT.com - Energy Utilities Mining
German utility's capital increase falls €400m short after market turmoil
Slowdown fears spark Australian rate cut
2011-12-06 05:06:48 from FT.com - Energy Utilities Mining
Worries about slowing Asian growth and turbulence in Europe have pushed Australia's central bank to cut its core interest rate
BP says Halliburton 'destroyed evidence'
2011-12-06 01:06:34 from Energy - Telegraph
BP has accused Halliburton of destroying evidence that could be used to show that the US oil services company shares the blame for the Gulf of Mexico oil spill.![]()
Halliburton slurry tests could play out in court
2011-12-06 00:19:34 from FT.com - Energy Utilities Mining
The conduct of the US group's tests and the handling of the results could become crucial details in a mammoth damages court case
Veolia to dispose of stake in Transdev
2011-12-05 22:02:53 from FT.com - Energy Utilities Mining
French utility is to seek buyers for its 50% holding in the public transport operator as it moves to cut its debt and allay investor concerns
BP accuses Halliburton of destroying evidence
2011-12-05 20:52:40 from FT.com - Energy Utilities Mining
Oil group demands handover to an independent forensic electronics firm of the computer used to conduct analysis into the Deepwater Horizon spill
Small caps: Treatt profits soured by forecast
2011-12-05 20:52:26 from FT.com - Energy Utilities Mining
Ingredients supplier drops 8.3% after slowdown in fourth-quarter activity overshadows strong year from 'windfall' rise in commodity prices
Uncertainty reigns in Zimbabwe mining fight
2011-12-05 19:57:23 from FT.com - Energy Utilities Mining
After months of talks between mining companies and government officials over the country's indigenisation law an acceptable formula remains uncertain
Solar panels: subsidy spat
2011-12-05 19:20:35 from FT.com - Energy Utilities Mining
Both green energy sceptics and environmentalists must see that the effect of China's subsidies will be harmful in the long run if US and European panel makers are wiped out
ITC to buy Entergy's south-east US grid
2011-12-05 19:15:19 from FT.com - Energy Utilities Mining
Group will become US's largest high-voltage operator, while Entergy will cut its debt and offload business that needs substantial investment over the next few years
Whitehaven considers $4.8bn merger with Aston
2011-12-05 16:26:16 from FT.com - Energy Utilities Mining
Whitehaven Coal is in talks about forming a "merger of equals" with rival Australian coal producer Aston Resources
Brazil acts fast to clear up oil spills
2011-12-05 15:10:02 from FT.com - Energy Utilities Mining
Environmental body to impose tougher rules for companies looking to profit from country's oil boom
Vedanta / Cairn India
2011-12-05 13:00:15 from FT.com - Energy Utilities Mining
UK-listed miner's pursuit of Indian oil company is not good news for investors
Cairn cleared for India sale to Vedanta
2011-12-05 05:59:40 from FT.com - Energy Utilities Mining
Cairn Energy can press ahead with its much-delayed $6.5bn sale of a stake in its Indian unit to Vedanta, after receiving the final government approvals
Anglo chief under pressure over Chile fight
2011-12-04 20:11:54 from FT.com - Energy Utilities Mining
Cynthia Carroll, chief executive, is under pressure to resolve a row in Chile or risk the wrath of a significant number of leading shareholders
US stock bounce: ups and downs
2011-12-04 19:28:16 from FT.com - Energy Utilities Mining
Plenty of reason for caution because the one series of data that has not improved is also one of the most important: house prices
Iron ore: rock solid
2011-12-04 19:27:59 from FT.com - Energy Utilities Mining
The big mining companies are right to have maintained high levels of capital expenditure in the face of slower growth in China
Climate investing: sunset industry
2011-12-04 18:51:26 from FT.com - Energy Utilities Mining
A market shake-out is in prospect but the appeal, and likely returns, of climate change investing are fading fast
First Reserve in $1bn wind farm venture
2011-12-04 17:02:24 from FT.com - Energy Utilities Mining
US private equity house to announce long-term agreement with Spain's Renovalia Energy
Local councils turn to the bond markets to pay for infrastructure projects
2011-12-03 17:41:22 from Energy - Telegraph
Local authorities are considering revamping the municipal bond market to finance the road, light rail and school projects that are key to the Government's plans for £250bn of infrastructure investment.![]()
Svanberg can fit Volvo role along with BP post
2011-12-03 13:02:42 from Energy - Telegraph
When he was appointed chairman of BP in September 2009, Carl-Henric Svanberg was little known in the UK. And having spent the majority of his career in his native Nordic region, there was no reason for him to be.![]()
ConocoPhillips plans $10bn share buy-back
2011-12-02 23:56:51 from FT.com - Energy Utilities Mining
The US oil group also reveals a 15% rise in planned capital spending as part of a radical restructuring that will split the company in two
When in doubt retailers blame the weather
2011-12-02 21:22:37 from FT.com - Energy Utilities Mining
An unseasonably warm autumn, on top of widespread snow disruption last Christmas, has resulted in a year of near-continuous discounting
BP's Carl-Henric Svanberg under fire over 'Volvo' link
2011-12-02 20:37:02 from Energy - Telegraph
The chairman of BP is poised to add the same role at truck-maker Volvo to his working week, sparking criticism that he risks being distracted as the oil giant struggles to recover from its disastrous Gulf of Mexico spill.![]()
Disappointment in heavy oilfields saps Xcite momentum
2011-12-02 20:20:39 from FT.com - Energy Utilities Mining
Negative updates on the group's heavy oilfield development dampen good news from drilling results at its Bentley field in the North Sea
Rio to finish aluminium upgrade
2011-12-02 20:16:52 from FT.com - Energy Utilities Mining
Multinational miner is to spend $2.7bn to complete the modernisation of Kitimat, a 60-year-old smelter in British Columbia, by 2014
Doubt over future of most productive coal mine
2011-12-02 18:58:05 from FT.com - Energy Utilities Mining
Closure of Britain's best-producing colliery is being discussed after a dispute over pay between the Union of Democratic Mineworkers and UK Coal
EU sanctions force Shell to quit Syria
2011-12-02 11:15:53 from FT.com - Energy Utilities Mining
Royal Dutch Shell to cease activities in Syria after the European Union blacklisted three state-owned oil companies in the country
Brazil orders Chevron to shut production well
2011-12-02 00:11:56 from FT.com - Energy Utilities Mining
The decision to shut one of the company's 11 production wells follows a safety audit of its Frade offshore oil platform
Pathfinder at odds with Mozambique general
2011-12-01 21:03:13 from FT.com - Energy Utilities Mining
The dispute involves a metals mining prospect that General Veloso was hoping to develop, a venture that the Aim-quoted group was planning to finance
BP sells package of gas assets for $1.67bn
2011-12-01 19:44:27 from FT.com - Energy Utilities Mining
A subsidiary of Plains All American Pipeline is acquiring the business that pipes and stores natural gas across Canada and the US Midwest
Europe prepares oil imports embargo on Iran
2011-12-01 19:14:57 from FT.com - Energy Utilities Mining
Foreign ministers have started working on an embargo, saying they were examining 'measures aimed at severely affecting' its financial and energy sectors
Global output picture worsens
2011-12-01 18:42:03 from FT.com - Energy Utilities Mining
The fortunes of the world's manufacturers diverged last month as US factories churned out goods at a decent pace while those in Asia and Europe faltered
Enron's fall raised the bar in regulation
2011-12-01 17:38:52 from FT.com - Energy Utilities Mining
The energy company's collapse led to stricter enforcement of regulation and more sophisticated accounting fraud teams in the SEC
Questor share tip: Oil price will continue to boost Shell
2011-12-01 17:03:18 from Energy - Telegraph
The run-up to Christmas always prompts analysts to bring out their crystal balls - and early entrants in the 2012 oil price prediction stakes are Goldman Sachs and Scandinavian bank SEB.![]()
Energy trade still feels shockwaves from Enron's collapse
2011-12-01 16:40:22 from FT.com - Energy Utilities Mining
Speculative trading returns as volumes in the US oil and gas market build up
Scottish company in 'biocoal' breakthrough
2011-12-01 13:59:41 from FT.com - Energy Utilities Mining
Aberdeen-based company develops microwave technology to produce 'biocoal' - wood pellets made from forestry products
Oil in Africa
2011-12-01 11:44:54 from FT.com - Energy Utilities Mining
The oil industry is waking up to the most surprising oil patch in the world
Working in Risk: the skills required for a rapidly developing and high-profile profession
2011-12-01 10:03:03 from FT.com - Energy Utilities Mining
High stakes increase need to guard against loss
Pollution fears dominate 'fracking' hearing
2011-12-01 00:40:03 from FT.com - Energy Utilities Mining
Polls suggest that public opinion in New York is fairly evenly divided on fracking, which the state is proposing to allow
Genel Energy books £8.3m interim loss
2011-12-01 00:19:35 from FT.com - Energy Utilities Mining
Investment vehicle formed by financier Nat Rothschild and ex-BP chief executive Tony Hayward, has booked an £8.3m loss in first six months
Anglo accuses Codelco of 'artificial dispute'
2011-11-30 23:44:25 from FT.com - Energy Utilities Mining
Lawyers for UK-listed miner cite published interviews they say proves that key officials at the Chilean group knew of pre-emptive sale option
Desalination plant ready for drought
2011-11-30 22:08:01 from FT.com - Energy Utilities Mining
Thames Water warns Londoners will next year be drinking water from a desalination plant if the current dry spell continues
AEA secures new debt deal
2011-11-30 21:18:51 from FT.com - Energy Utilities Mining
Amended covenants with Lloyds have given the struggling energy and environmental consultancy enough liquidity to make it through to next year
Dana yields soar amid refinancing worries
2011-11-30 16:50:38 from FT.com - Energy Utilities Mining
The company's convertible sukuk soared above 27 per cent as fund managers raised doubts on roll over of $1bn debt next October
Cairn's search for Greenland oil ends in failure
2011-11-30 14:11:12 from FT.com - Energy Utilities Mining
A $600m search for oil off the coast of Greenland has ended in failure, sending the shares in the FTSE 100 group sharply lower
BP back in court over Prudhoe spill
2011-11-30 11:02:34 from Oil Prices - Telegraph
BP has violated probationary conditions imposed on it by US authorities after the Prudhoe Bay oil spill in 2007 and should be subject to additional punishment, according to federal prosecutors.![]()
New Hope Corporation
2011-11-30 10:12:28 from FT.com - Energy Utilities Mining
Bidders eagerly circle the Australian thermal coal producer
Oil prices surge ahead of EU embargo talks
2011-11-29 23:39:32 from FT.com - Energy Utilities Mining
Price of oil grades similar to Iran's have surged as traders and refiners take positions ahead of possible measures against Tehran
Rail and road projects to receive a boost
2011-11-29 21:03:00 from FT.com - Energy Utilities Mining
Train electrification and main highway projects around country and extension to London Underground system
Barrick Gold and Antofagasta face mine fight
2011-11-29 20:43:01 from FT.com - Energy Utilities Mining
Mining groups launch international arbitration claims against Baluchistan government after gold and copper project plans rejected
Creative focus helps to lift ITV as Footsie advances
2011-11-29 20:19:16 from FT.com - Energy Utilities Mining
Shares in the broadcaster up 2.8% after UBS reiterates its 'buy' recommendation in the wake of a meeting with chief executive Adam Crozier
Small caps: Bowleven climbs amid takeover talk
2011-11-29 20:13:55 from FT.com - Energy Utilities Mining
Some traders reckon recent share price weakness has left the Cameroon-focused explorer vulnerable to a bid
Beijing presses Sudanese to end oil row
2011-11-29 18:44:27 from FT.com - Energy Utilities Mining
The rare intervention by China, which last year bought two thirds of Sudan's output, comes as Brent crude, the benchmark, surged above $110 a barrel
Autumn Statement 2011: heavy industry gets £250m energy relief
2011-11-29 18:39:59 from Energy - Telegraph
Energy intensive-industries such as steel making, cement and chemical manufacturers were granted a £250m package from George Osborne on Tuesday to help counteract rising power costs.![]()
France warns of Syria humanitarian crisis
2011-11-29 18:09:36 from FT.com - Energy Utilities Mining
Foreign minister will propose that EU launches initiative with Arab League and Turkey to channel food and medical supplies into country
Relief for energy intensive industries
2011-11-29 17:54:59 from FT.com - Energy Utilities Mining
George Osborne cheered energy intensive industries by confirming a £250m package of support, but green groups said the move was a 'polluters' charter'
BHP puts diamonds division up for sale
2011-11-29 17:29:19 from FT.com - Energy Utilities Mining
World's biggest mining company to review options for Ekati mine in northern Canada
Potash prospects put English mining back on map
2011-11-29 17:11:17 from FT.com - Energy Utilities Mining
Momentum gathers to build one of the world's biggest potash mines in Yorkshire
Mining decline has brought coals to Newcastle
2011-11-29 16:26:20 from FT.com - Energy Utilities Mining
Government funding for potash industry offers hope for region where closure of coal mines has taken away jobs and the community's identity
Tepco/KDDI: holding was expendable
2011-11-29 16:20:47 from FT.com - Energy Utilities Mining
Stricken utility raises cash by selling stake in telecoms operator but plenty more pointless cross-holdings in Japan need to go
Relief for energy-intensive industries
2011-11-29 15:29:23 from FT.com - Energy Utilities Mining
George Osborne cheered energy intensive industries by confirming a £250m package of support in a bid to 'keep industry and jobs in Britain'
2011 to be hottest La Niña year
2011-11-29 11:08:04 from FT.com - Energy Utilities Mining
This year is set to be the hottest in which there has been a La Niña pattern and the 10th warmest since records started 16 decades ago
At least eight dead in Congo violence
2011-11-29 09:46:04 from FT.com - Energy Utilities Mining
Sporadic violence and widespread voting irregularities threaten to disrupt presidential and parliamentary polls
EnQuest soars on North Sea production guidance
2011-11-29 09:40:02 from Energy - Telegraph
EnQuest, the North Sea oil company that was spun out of Petrofac, said it would almost double oil production in the next two years, propelling its shares to the top of the mid-cap leader board.![]()
China's rush into renewables: The way the world turns
2011-11-28 22:44:14 from FT.com - Energy Utilities Mining
A Beijing-inspired drive to go green has hit prospects of western companies in wind and solar power but now faces its own set of market difficulties. By Leslie Hook and Ed Crooks
Codelco sees low chance of accord with Anglo
2011-11-28 21:02:32 from FT.com - Energy Utilities Mining
Chilean miner says there is a 'very low' probability of reaching a negotiated settlement to avert a legal battle over an option to buy a stake in assets
Ivory Coast problems cut Randgold's targets
2011-11-28 20:34:30 from FT.com - Energy Utilities Mining
African miner revises down its production estimates because of strike action, power supply interruptions and the failure of a mine equipment
Top management change at BHP as CFO leaves
2011-11-28 20:08:24 from FT.com - Energy Utilities Mining
Graham Kerr is replacing Alex Vanselow, who is stepping down in February to look for a chief executive position in a UK or Australian company
New block on Polyus push for FTSE
2011-11-28 19:57:00 from FT.com - Energy Utilities Mining
A committee led by Vladimir Putin, Russia's prime minister, has again delayed its ruling on the gold producer's plan for a premium London listing
Anadarko to take lead on Mozambique project
2011-11-28 17:57:28 from FT.com - Energy Utilities Mining
US group is testing itself as operator with five junior partners on its new natural gas project off the coast of the African country
Rio chief adds to chorus of metals gloom
2011-11-28 17:42:09 from FT.com - Energy Utilities Mining
Chief executive Tom Albanese says eurozone crisis and weaker US economy outlook affecting sentiment
Rio set to win bid for Canadian uranium company
2011-11-28 17:11:58 from FT.com - Energy Utilities Mining
Cameco, the world's biggest uranium producer, declines to raise its offer for Hathor Exploration for a second time
Tepco to raise Y192bn from sale of KDDI
2011-11-28 15:33:04 from FT.com - Energy Utilities Mining
Divestment, which is aimed at helping cover the costs of the Fukushima Daiichi nuclear plant disaster, will provide little relief for troubled utility
Tepco to raise Y192bn from selling stakes
2011-11-28 15:33:04 from FT.com - Energy Utilities Mining
KDDI divestment, aimed at helping cover the costs of the Fukushima Daiichi nuclear plant disaster, will provide little relief for troubled utility
Israelis soak up high cost of desalination drive
2011-11-28 14:26:12 from FT.com - Energy Utilities Mining
The price of water has doubled in two years as Israel embarks on a long-term plan to produce 70% of its water needs by 2050 from the process
A lesser lapse for gold miner
2011-11-28 13:23:31 from FT.com - Energy Utilities Mining
There is reassurance in Randgold's recent problems
Growing doubts over Saudi Arabia's supply stand-ins
2011-11-28 09:52:30 from FT.com - Energy Utilities Mining
As Riyadh stands by its output targets, can Brazil step up production, asks Javier Blas
Anadarko doubles estimates for Mozambique find
2011-11-28 06:50:22 from FT.com - Energy Utilities Mining
The US group upgrades the offshore, deepwater project; its biggest natural gas discovery
Tax relief for big energy users is on way
2011-11-28 00:05:42 from FT.com - Energy Utilities Mining
Ministers are preparing to unveil compensation measures and tax relief worth about £250m for energy-intensive industries, underlining how the government is tempering its green credentials
Heavy industry to be boosted by £250m energy package
2011-11-27 21:40:34 from Energy - Telegraph
Heavy industry is set to be one of the major beneficiaries of the Autumn Statement with a £250m package of measures aimed at helping firms meet energy regulations.![]()
Autumn Statement 2011: Heavy industry to be boosted by £250m energy package
2011-11-27 21:40:34 from Energy - Telegraph
Heavy industry is set to be one of the major beneficiaries of the Autumn Statement with a £250m package of measures aimed at helping firms meet energy regulations.![]()
Iraq signs $17bn gas deal with Shell and Mitsubishi
2011-11-27 19:50:26 from FT.com - Energy Utilities Mining
Iraq has signed a $17bn deal with Royal Dutch Shell and Mitsubishi to capture flared gas at southern oilfields
Buy-out firm sells ASCO for £250m
2011-11-27 19:28:31 from Energy - Telegraph
Doughty Hanson to buy ASCO Group, the oil and gas logistics operator, for around £250m from rival Phoenix Equity Partners.![]()
Vale's giant carriers whip up a storm
2011-11-27 18:10:59 from FT.com - Energy Utilities Mining
Valemaxes can carry up to twice as much iron ore as the capesize vessels that mostly ply the commodities route between Brazil and China
ABB and Siemens in HDVC power race
2011-11-27 14:19:53 from FT.com - Energy Utilities Mining
Swiss and German groups pour millions into research into circuit breakers for high voltage direct current power lines, the most efficient way of transmitting electricity over long distances
Centrica weighs up RWE's North Sea assets
2011-11-26 20:13:29 from Energy - Telegraph
Centrica, the owner of British Gas, has been examining the possibility of buying RWE's North Sea oil and gas assets for up to €2bn (£1.7bn).![]()
Week in review: Bowleven shares drop
2011-11-25 20:48:01 from FT.com - Energy Utilities Mining
Oil and gas explorer fell 30.8% over the week even after reporting the discovery of further oil reserves in its exploration well offshore Cameroon
Italian venture hits Severn Trent
2011-11-25 17:33:34 from FT.com - Energy Utilities Mining
The aborted refinancing of an Italian water company prompted by the eurozone crisis has hit profits at FTSE 100 water and sewerage operator
Questor share tip: Severn Trent is a hold
2011-11-25 17:05:16 from Utilities - Telegraph
The market did not like Severn Trent's interim results, which were issued on Friday, one bit. The shares fell as much as 4.5pc in morning trade, before clawing back some losses to finish the day 1.7pc lower.![]()
Trap Oil snares Centrica and JX Nippon
2011-11-25 16:53:56 from FT.com - Energy Utilities Mining
North Sea-focused company secures immediate £2.75m towards cash reserves in farm-out agreement with British Gas owner and Japanese group
Chevron banned and fined over oil spill
2011-11-25 16:53:23 from FT.com - Energy Utilities Mining
Brazil blocks US group and contractor Transocean from region after recent leak off coast of Rio, with saga turning increasingly political
Questor: Turning waste into money
2011-11-25 11:33:09 from Energy - Telegraph
Garry White takes a close interest in a new way to create energy.![]()
China to probe US clean energy subsidies
2011-11-25 11:14:04 from FT.com - Energy Utilities Mining
China has launched an investigation into US subsidies for renewable energy, in a quickly escalating dispute over clean energy policies
Severn Trent profits hit by exposure to Italy
2011-11-25 11:10:47 from Utilities - Telegraph
Midlands-based water group Severn Trent reported a 35pc fall in first-half profits after the group wrote down the value of an Italian asset and financing costs increased.![]()
Doubts over SSE's renewables scheme
2011-11-24 22:47:58 from FT.com - Energy Utilities Mining
Utility slips over fears its wind farm and hydro-electric plans could prove uneconomic, as FTSE 100 suffers longest losing streak since 2003
US blocks key fund in climate agreement
2011-11-24 22:44:40 from FT.com - Energy Utilities Mining
Fraught negotiations intensify ahead of next week's UN summit, as carbon prices plummet to an all-time low
Codelco opens door to deal with Anglo
2011-11-24 20:31:18 from FT.com - Energy Utilities Mining
Chilean state-owned copper miner suggests any financial settlement in its dispute with the UK group would not come cheap
Heritage Oil pins hopes on arbitration to settle £261m Ugandan tax dispute
2011-11-24 18:33:56 from Energy - Telegraph
Heritage Oil has insisted that arbitration proceedings in London are the "correct forum" to settle a $404m (£261m) tax dispute after a Ugandan court rejected an appeal.![]()
Heritage shrugs off loss of Ugandan tax case
2011-11-24 18:24:55 from FT.com - Energy Utilities Mining
Oil group confident of overturning disputed tax bill in London courts
RWE to sell Egyptian assets to bolster finances
2011-11-24 17:44:54 from FT.com - Energy Utilities Mining
Oil and gas exploration unit RWE-DEA has identified the assets as the 'most likely contenders' to raise cash without undermining solid results
Frack boom sparks sand rush
2011-11-24 17:34:02 from FT.com - Energy Utilities Mining
High demand from shale gas drillers prompt miners to expand their operations, a move that is attracting the attention of private equity investors
Pennon's profits rise
2011-11-24 14:25:38 from FT.com - Energy Utilities Mining
Prices at regional water supllier South West Water up by 5%
Pennon boosted by higher water bills
2011-11-24 14:25:38 from FT.com - Energy Utilities Mining
Profits up 11%, but concerns over waste disposal group
Ovo Energy cancels January price rise
2011-11-24 11:33:35 from FT.com - Energy Utilities Mining
Ovo Energy, an independent energy supplier, has cancelled plans to increase prices for its variable rate customers next year due to falling wholesale costs
Pammy's palladium push
2011-11-24 10:35:19 from FT.com - Energy Utilities Mining
Higher prices hit jewellery demand for precious metal
Brazil suspends Chevron over oil spill
2011-11-24 01:39:06 from FT.com - Energy Utilities Mining
The move by the country's regulator to temporarily ban the US oil group raises doubts over its future role in one of the industry's biggest investment programmes
Higher costs eat into United Utilities profits
2011-11-23 23:30:09 from FT.com - Energy Utilities Mining
Higher spending on infrastructure renewals that were agreed with regulators and greater operating costs weighed on the group's performance
North Sea oil field packs big punch for market
2011-11-23 18:22:03 from FT.com - Energy Utilities Mining
Output problems in the Buzzard oilfield, which produces a small amount of benchmark crude, are having a big knock-on effect on world prices
Questor share tip: Take a dip in United Utilities' reservoir for the income
2011-11-23 17:32:04 from Utilities - Telegraph
In a high-inflation environment utility groups are a good way to protect your income.![]()
Green energy could trigger 'catastrophic' blackouts
2011-11-23 16:55:09 from Energy - Telegraph
'Unstable' renewable energy sources increase the risk of 'supra-regional' electricity blackouts with multi-billion pound consequences, insurance giant Allianz has warned.![]()
Metals and oil decline on growth worries
2011-11-23 12:17:59 from FT.com - Energy Utilities Mining
JPMorgan revises down first-quarter oil forecasts
United Utilities complaints fall 20pc
2011-11-23 11:56:58 from Utilities - Telegraph
United Utilities, the UK's largest listed water company, said passenger complaints had fallen by 20pc, as the company lifted its first half dividend by almost 7pc.![]()
Exxon's Kurd deal contradicts conventional wisdom
2011-11-23 10:03:15 from FT.com - Energy Utilities Mining
Washington seems to have been left in the dark about oil contract, writes Javier Blas
Australia's mining tax jumps political hurdle
2011-11-23 09:35:36 from FT.com - Energy Utilities Mining
Divisive laws for a profit tax on mining companies have narrowly passed through the Australian parliament's lower house
Weir buys US 'fracking' group for $675m
2011-11-23 09:21:59 from FT.com - Energy Utilities Mining
UK supplier of pumps and drilling equipment buys wellhead specialist Seaboard
Complaints over cut 'a bit rich'
2011-11-22 22:18:08 from FT.com - Energy Utilities Mining
Solar installation chief fears the number employed in the UK sector could be decimated by the middle of next year
Huhne tries to take heat out of solar debate
2011-11-22 22:18:08 from FT.com - Energy Utilities Mining
New limits could be placed on subsidies for households that install renewable energy
UK plays catch-up on Iraq investment
2011-11-22 21:59:11 from FT.com - Energy Utilities Mining
British companies are lagging far behind European competitors despite high-profile oil and gas contract wins
Exxon's Kurd contracts questioned
2011-11-22 21:14:20 from FT.com - Energy Utilities Mining
Iraqi official says the US oil group was in breach of the law when it signed exploration contracts with the country's semi-autonomous region
Energy LBOs: fuel for thought
2011-11-22 20:36:11 from FT.com - Energy Utilities Mining
Using leverage to make a long duration bet into a glutted market has less downside and far more upside than it seems. Watch this space for more deals
Vale shake-up revives fears over direction
2011-11-22 19:45:19 from FT.com - Energy Utilities Mining
Murilo Ferreira will put forward Tito Martins as new chief financial officer as part of Brazilian mining group's latest management reshuffle
US utilities risk backlash, says report
2011-11-22 17:47:05 from FT.com - Energy Utilities Mining
Consumers' bills will rise as companies meet new environmental rules and invest in ageing networks, according to a leading consultancy
Frontline's emergency cash call reveals the crisis in the shipping industry
2011-11-22 16:43:22 from Energy - Telegraph
Frontline, the world's biggest operator of oil tankers, has warned that it may run out of cash early next year as a slowing global economy threatens profits in the shipping industry.![]()
ONGC scraps $2bn secondary share sale
2011-11-22 15:54:04 from FT.com - Energy Utilities Mining
The decision, which comes as India's equity market is hit by global economic jitters and a severe slowdown in capital inflows, is likely to derail government plans to cut its fiscal deficit
Chevron faces possible ban over Brazil leak
2011-11-21 22:37:44 from FT.com - Energy Utilities Mining
Country's oil and gas regulator said it could deny the US company access to lucrative fields as well as fined for the spill off the coast of Rio
Our need for affordable energy can't be met by endless windfarms
2011-11-21 21:31:22 from Energy - Telegraph
The Duke of Edinburgh seems to have hit the nail pretty much on the head by branding wind farms "absolutely useless".![]()
Energy suppliers face stiff penalties for preventing businesses from switching
2011-11-21 21:19:17 from Energy - Telegraph
Energy suppliers unfairly preventing business customers from switching to rivals in the search for cost savings are facing stiff penalties from Ofgem, the industry regulator.![]()
Water industry fears Ofwat plans will upset investor confidence
2011-11-21 21:15:18 from Utilities - Telegraph
Water companies are braced for the latest update from their regulator Ofwat on plans for pricing, which critics say threaten to undermine the £5bn investment the industry needs a year.![]()
Centrica strikes £14bn deal with Norway's Statoil
2011-11-21 21:10:33 from Energy - Telegraph
Assurances from the Prime Minister that gas will continue to play an important role in Britain's energy mix helped pave the way on Monday for a far-reaching oil and gas asset, supply and partnership deal between Centrica and Statoil, the Norwegian state controlled group.![]()
Chevron faces £18m fine over Brazil oil spill
2011-11-21 21:09:16 from Energy - Telegraph
US oil giant Chevron is expected to be fined nearly $28m (£18m) as a result of an oil spill off the coast of Brazil and could face a temporary ban on operating in the country.![]()
Chevron faces fines of up to £53m over Brazil oil spill
2011-11-21 21:09:16 from Energy - Telegraph
US oil giant Chevron is facing fines that could total $83m (£53m) as a result of an oil spill off the coast of Brazil and could face a temporary ban on operating in the country.![]()
Touchstone Gold rises on Colombia results
2011-11-21 21:00:02 from FT.com - Energy Utilities Mining
Company boosted by positive start to its Rio Pescado exploration project, while other mining groups suffered falls
Saudi Arabia halts $100bn oil expansion programme
2011-11-21 19:06:59 from FT.com - Energy Utilities Mining
Halt comes in spite of tightness in the oil market due to ongoing production disruptions in Libya, Syria and Yemen
Oil groups turn to royalty trusts for finance
2011-11-21 16:19:14 from FT.com - Energy Utilities Mining
Volatile markets are forcing explorers to seek new avenues of funding, offering investors a slice of future profits from new oilfields
Centrica: an unfinished article
2011-11-21 14:47:10 from FT.com - Energy Utilities Mining
The case for a break-up of the UK company's utility/producer model is building
Athens backs down over property tax
2011-11-21 14:07:51 from FT.com - Energy Utilities Mining
Greek power workers win concession after finance ministry agrees not to cut off customers who have delayed paying levy on electricity bills
Centrica agrees £13bn supply deal with Statoil
2011-11-21 09:45:40 from FT.com - Energy Utilities Mining
The owner of British Gas has agreed to pay £1bn for assets owned by Statoil of Norway as it secured a 10-year supply deal valued at £13bn
Centrica buys £1bn Norwegian gas assets from Statoil
2011-11-21 09:38:42 from Energy - Telegraph
Centrica, the owner of British Gas, has agreed to buy £1bn worth of Norwegian oil and gas assets from Statoil, Norway's national oil company, and signed a further £13bn supply deal lasting until 2025.![]()
Solyndra setback
2011-11-20 22:07:46 from FT.com - Energy Utilities Mining
If support for clean energy investment becomes a casualty of the scandal, it could cost the US taxpayer
America is entering a new age of plenty
2011-11-20 21:39:23 from FT.com - Energy Utilities Mining
Green energy and energy independence were often seen as the same thing. It is now easier to see how distinct they are, writes Edward Luce
Companies sign up to WindMade scheme
2011-11-20 20:58:30 from FT.com - Energy Utilities Mining
Vestas, the Danish wind turbine manufacturer, hopes the trademark for those using at least 25% wind power will promote the virtues of the energy source
Zhaikmunai to seek London listing
2011-11-20 19:57:03 from FT.com - Energy Utilities Mining
The Kazakhstan-based oil and gas group is the latest company from the former Soviet Union to signal its intention to join the FTSE 250 index
French bond sell-off shows crisis spreading
2011-11-20 19:41:53 from FT.com - Energy Utilities Mining
Corporate debt was badly hit, providing proof that the eurozone's debt crisis is now permeating even the region's supposedly safer corners
Iraq oil: fools rush in
2011-11-20 19:21:53 from FT.com - Energy Utilities Mining
Western oil companies are rushing to semi-autonomous Kurdistan in an unseemly scramble without regard for significant risks
Arab League set to join sanctions campaign
2011-11-20 16:44:55 from FT.com - Energy Utilities Mining
Arab states are preparing to join an escalating campaign of sanctions against Syria, putting the country's economy under further stress
Nathaniel Rothschild's £180m oil windfall
2011-11-18 22:08:37 from Energy - Telegraph
Financier Nathaniel Rothschild is expected to be given about £180m in shares in Genel Energy over the next four years, after the Turkish oil company completes its reversal into his Vallares cash shell.![]()
Could slow growth see mega-caps shine again?
2011-11-18 20:56:17 from FT.com - Energy Utilities Mining
To outperform in a rising market, corporations may have to take more aggressive steps to push their valuations closer to other companies
Questor share tip: Lamprell a bright prospect in a buoyant sector
2011-11-18 19:40:00 from Energy - Telegraph
Eurozone debt fears have caused stock market valuations to tumble, even in an industry where the outlook is pretty rosy. Oil services is one of these sectors - and falls have created a buying opportunity.![]()
US oil climbs above $100 on pipeline switch
2011-11-18 19:15:39 from FT.com - Energy Utilities Mining
Analysts at JPMorgan raised 2012 forecasts from $97.50 a barrel to $110, as well as its 2013 predictions from $114 a barrel to $118
Anglo and Codelco wrestle over Chilean assets
2011-11-18 18:09:23 from FT.com - Energy Utilities Mining
Prospects for a negotiated settlement between Anglo American and the Chilean group, two of the world's biggest copper miners, appeared to improve
Chemring latest to suffer after profit warning
2011-11-18 17:09:51 from FT.com - Energy Utilities Mining
Military equipment maker's shares fall 15% as company is latest to be 'hammered' by market after profit warning over unexpected delay to contract
Drama continues at Swedish miner
2011-11-18 16:34:45 from FT.com - Energy Utilities Mining
Exploratory miner did opt for a placing, managing to raise £6.5m and expand its capital base by 21 per cent, but shares tumbled to just 17p
World acts on emissions without global climate pact
2011-11-18 16:23:11 from FT.com - Energy Utilities Mining
This month's UN summit is not expected to produce a binding agreement but in 2010 countries and companies have acted of their own accord
UN panel foresees wilder weather
2011-11-18 14:01:29 from FT.com - Energy Utilities Mining
IPCC says world can expect more extreme weather events in the decades ahead, with an increase in heatwaves, droughts and floods
Questor in Kurdistan
2011-11-18 09:27:06 from Energy - Telegraph
Garry White goes in search of investment opportunities in the energy-rich country.![]()
Rio Tinto boosts offer for Hathor to C$654m
2011-11-18 09:25:22 from FT.com - Energy Utilities Mining
Rio Tinto boosts its offer in the fight for Hathor Exploration, a Canadian company developing large uranium deposits in northern Saskatchewan
Anglo American's war with
Codelco worsens
2011-11-18 00:04:19 from FT.com - Energy Utilities Mining
Chilean miner accuses UK group of "mortgaging its future" in the country, but there appears to be signs of an appetite for a negotiated settlement
Brazil probes Chevron over spill
2011-11-17 23:17:48 from FT.com - Energy Utilities Mining
The country is at a crucial stage in the development of Rio de Janeiro's 'pre-salt' reserves, estimated to contain up to 50bn barrels of oil
National Grid battered by US snow and Hurricane Irene
2011-11-17 22:28:22 from Energy - Telegraph
Hurricane Irene and autumn snow storms in the US have left National Grid with a £140m bill, but the company managed to stay in profit for its first half despite the "exceptional" weather.![]()
Tony Hayward moves into Kurdistan with Genel Energy as tensions rise
2011-11-17 22:16:42 from Energy - Telegraph
Vallares, Tony Hayward and Nathaniel Rothschild's oil investment vehicle, will issue its Genel prospectus at lunchtime on Friday - three days sooner than expected.![]()
Nuclear watchdog defends Iran report
2011-11-17 20:47:53 from FT.com - Energy Utilities Mining
Yukiya Amano, director-general of the International Atomic Energy Agency, says 'it is clear that Iran has a case to answer'
Morocco wins green light for solar complex
2011-11-17 20:31:57 from FT.com - Energy Utilities Mining
Ouarzazate complex will have a capacity of 500 megawatts, enough to power around 90,000 homes
Crude switch triggers US oil recovery
2011-11-17 19:51:06 from FT.com - Energy Utilities Mining
A pipeline reversal has helped West Texas Intermediate crude narrow the gap with Brent
David Ross looks to put Cosalt out of its misery with low-ball bid
2011-11-17 19:47:34 from Energy - Telegraph
David Ross, the Carphone Warehouse co-founder, has launched a bid to bring oil services group Cosalt back into his family's control with a low-ball £400,000 takeover proposal.![]()
Bumi loan move raises questions for Rothschild
2011-11-17 19:20:46 from FT.com - Energy Utilities Mining
UK miner agreed to a plan for liquidating $482m in related-party loans before Nathaniel Rothschild called publicly for the same loans to be settled
Bumi: boom or bust?
2011-11-17 16:35:39 from FT.com - Energy Utilities Mining
Poor corporate governance, debt woes and falling coal prices trouble the Indonesian company
National Grid shrugs off heavy weather
2011-11-17 16:07:38 from FT.com - Energy Utilities Mining
Utility overcomes mayhem caused by August's hurricane Irene to its US business and costs of earlier snow storms to nudge up dividends
Investors seek compensation for Spanish solar cuts
2011-11-17 15:09:11 from FT.com - Energy Utilities Mining
A group of foreign energy investors have launched arbitration action against the government of Spain for unexpectedly slashing solar tariffs last year
Oft-nude tycoon risks Northern exposure
2011-11-17 11:51:54 from FT.com - Energy Utilities Mining
The £747m extracted from nudity-loving Sir Richard Branson for Northern Rock by the decorously besuited Robin Budenberg is a reasonable one
Hurricane Irene blows National Grid profits off course
2011-11-17 11:47:29 from Utilities - Telegraph
National Grid has reported a 3.1pc dip in pre-tax profits after Hurricane Irene and snow storms in America left the power distributor nursing a £140m clean-up bill.![]()
Centrica warns on lost customers
2011-11-17 11:11:10 from FT.com - Energy Utilities Mining
British Gas owner blames commodity prices and mild autumn for 200,000 clients switching energy suppliers
Interactive Business Bullet: Northern Rock, Retail sales, Euro crisis, BHP Billiton and Centrica
2011-11-17 10:43:41 from Energy - Telegraph
Top stories: Northern Rock, Euro crisis, BHP Billiton and Centrica.![]()
Pipeline switch helps CME's WTI woes
2011-11-17 10:08:37 from FT.com - Energy Utilities Mining
The US oil benchmark jumps above $100 on Seaway reversal, writes Gregory Meyer
Glencore upbeat as it becomes an oil producer
2011-11-17 10:07:55 from FT.com - Energy Utilities Mining
Swiss-based miner announces first oil flows from Equatorial Guinea field
Centrica says warm weather, weak economy to hit profits
2011-11-17 08:14:01 from Energy - Telegraph
Centrica, the owner of British Gas which yesterday cut 850 jobs, warned profits this year will be hit by unusually warm weather, the flagging economy and an exodus of consumers after its recent price increases.![]()
GE signs Mongolian wind power deal
2011-11-17 05:28:33 from FT.com - Energy Utilities Mining
General Electric will help build Mongolia's first wind energy park in a $100m deal with Newcom, a Mongolian private investment company
Codelco accused of 'brutal abuse of power'
2011-11-16 22:49:38 from FT.com - Energy Utilities Mining
Anglo American escalates conflict with state-owned mining company after injunction barring sale of further stakes in its Chilean subsidiary
Shell pulls out of Kurdistan oil talks
2011-11-16 22:05:51 from FT.com - Energy Utilities Mining
Effort to protect lucrative investments in southern Iraq after Baghdad officials threaten to cancel existing contract with ExxonMobil
AEA shares plunge and chief executive quits on profits warning
2011-11-16 20:50:59 from Energy - Telegraph
Andrew McCree, the chief executive of AEA Technology, has resigned as the energy consultancy sounded its second profit warning in seven months.![]()
Energy costs blamed as Rio axes smelter
2011-11-16 20:42:25 from FT.com - Energy Utilities Mining
Fears that power-intensive industry could be hit by climate-change policies were heightened as 500 jobs were lost in an unemployment blackspot
Gold hurt by eurozone fears and US dollar
2011-11-16 20:06:19 from FT.com - Energy Utilities Mining
The continued worries over the single currency has meant that the yellow metal has traded in a narrow range since the beginning of November
Tullow Oil set to get Uganda stake sale nod
2011-11-16 20:05:21 from FT.com - Energy Utilities Mining
The move by Kampala to allow the Irish explorer to sell $2.9bn of stakes to Total and Cnooc would spur a project that has been under threat
Contractors look to tap Brazil's nuclear sector
2011-11-16 19:21:37 from FT.com - Energy Utilities Mining
The country's growing economy and the need for a diverse energy mix have led the government to announce an aggressive expansion of its programme
Turkey hopes for Shell exploration deal
2011-11-16 17:35:59 from FT.com - Energy Utilities Mining
Move would intensify scramble for energy resources in eastern Mediterranean, although Ankara has limited maritime territory
Job cuts at Centrica and Rio Tinto greet soaring unemployment figures
2011-11-16 17:25:25 from Energy - Telegraph
More than 1,300 fresh British job losses greeted the news that the number of people without work in the UK has hit its highest level in 17 years.![]()
Uranium miners hamstrung by price and demand
2011-11-16 17:01:57 from FT.com - Energy Utilities Mining
Industry keeps a wary eye on plant programme cutbacks
US power plants turn to 'uprates'
2011-11-16 16:36:27 from FT.com - Energy Utilities Mining
Nuclear industry's focus on increasing existing plants' output
India plays politics with petrol price cut
2011-11-16 15:50:30 from FT.com - Energy Utilities Mining
State-controlled refiners cut petrol prices after Congress party ally threatens to quit ruling alliance
US crude jumps on pipeline reversal plan
2011-11-16 15:15:58 from FT.com - Energy Utilities Mining
Enbridge's purchase of Seaway stake from ConocoPhillips is expected to reduce Cushing supply glut, as oil is moved to Gulf Coast
Solar power: cloudy outlook
2011-11-16 11:51:33 from FT.com - Energy Utilities Mining
Plunging polysilicon prices and reckless Chinese manufacturers hurt market
Japan's trading houses look to resource investments
2011-11-16 10:19:06 from FT.com - Energy Utilities Mining
With the new government's blessing, the sogo shosha are chasing new opportunities
Ofgem head flags major fraud threat
2011-11-15 20:40:31 from Energy - Telegraph
Head of UK's energy regulator says his "biggest concern" is that a newspaper front page will one day read: "Ofgem in fraud".![]()
BG Group fires gun on internal race for top job
2011-11-15 20:04:53 from Energy - Telegraph
British oil and gas producer BG Group has named three staff members it has put into competition as contenders to replace chief executive Frank Chapman, who has said he plans to retire when he turns 60 in two years.![]()
Anti-nuclear mood melts Tepco's hopes of normality
2011-11-15 17:42:18 from FT.com - Energy Utilities Mining
Owner of Fukushima Daiichi nuclear power station talks of the meltdowns as a merely temporary setback
Abengoa considers New York listing
2011-11-15 17:34:21 from FT.com - Energy Utilities Mining
Alternative energy group considers New York listing to develop ties with US market as eurozone crisis drives up Spanish companies' borrowing costs
Gillard moves to lift uranium ban on India
2011-11-15 15:59:37 from FT.com - Energy Utilities Mining
The PM's proposal to the ruling Labor party is part of Australia's efforts to improve relations with the rising Asian power
IAEA to quiz UAE over its nuclear programme
2011-11-15 15:55:57 from FT.com - Energy Utilities Mining
Watchdog to look at $40bn project's resilience to earthquakes and climate change
BG Group starts race for chief executive role
2011-11-15 15:41:20 from FT.com - Energy Utilities Mining
The FTSE 100 oil and gas producer has started the race between three internal candidates to take over the role of chief executive from Sir Frank Chapman
Solar entrepreneurs mount legal challenges
2011-11-15 15:38:59 from Energy - Telegraph
The Government's decision to halve state subsidies for solar panel schemes before a consultation has been completed is a "financial and political disaster" that "willingly bankrupts" companies, solar entrepreneurs have warned.![]()
Local protests put India on back foot
2011-11-15 15:21:04 from FT.com - Energy Utilities Mining
Fear of a repeat of Fukushima has halted work on a number of plants
Uncertainty lingers for China's power policy
2011-11-15 14:44:18 from FT.com - Energy Utilities Mining
Darling of the recent nuclear renaissance pauses building projects after Fukushima disaster
Nuclear power stands at a crossroads
2011-11-15 14:13:07 from FT.com - Energy Utilities Mining
The Fukushima disaster has polarised views on the energy industry
Osborne faces revolt over fuel prices
2011-11-15 11:02:19 from FT.com - Energy Utilities Mining
Chancellor faces a commons revolt over planned rises in petrol duty as MPs prepare to vote on motion to stabilise prices
Anadarko reveals Colorado shale oil find
2011-11-14 23:39:28 from FT.com - Energy Utilities Mining
Reservoir thought to hold up to 1bn barrels of recoverable oil, unlockable using horizontal drilling and hydraulic fracturing methods pioneered for shale gas
BG Group in Brazil oil well surprise
2011-11-14 23:20:22 from Energy - Telegraph
BG Group, the UK's third-biggest oil and gas producer, said a well in deep water off the coast of Brazil had pumped more oil than expected.![]()
Snapshot of how nuclear crisis hit business
2011-11-14 21:50:39 from FT.com - Energy Utilities Mining
Concrete technology company's Tepco tie-up has stalled. Now Zerotechno is pursuing links with other power companies to produce carbon-free fly ash, turning waste produced by coal-fired power plants into a useful concrete additive
Anglo faces legal fight with Chile miner
2011-11-14 21:09:21 from FT.com - Energy Utilities Mining
Codelco is requesting a temporary injunction against the multinational mining company to stop it selling further stakes in a copper mine
EDF searches for reactor suppliers
2011-11-14 20:48:23 from FT.com - Energy Utilities Mining
The chief executive of EDF wants to strengthen the group's capability to work with reactor suppliers other than Areva
UK taxman's share of petrol pump price drops
2011-11-14 19:37:45 from Energy - Telegraph
The Government's share of the petrol pump price fell in the last decade, the Office for National Statistics (ONS) said.![]()
Barclays' Lucas is a counter-intuitive credit crusader
2011-11-14 18:38:51 from FT.com - Energy Utilities Mining
A proposed quick fix to an accounting problem could save the bank the embarrassment of receiving a knock to reported profits next year
Energy bills cause fall in living standards
2011-11-14 17:52:38 from Energy - Telegraph
Families suffered their fourth consecutive monthly squeeze in living standards in October, as soaring gas and electricity prices pushed up household costs.![]()
EDF concerns for socialist victory in France
2011-11-14 17:45:43 from FT.com - Energy Utilities Mining
Presidential candidate François Hollande promising to cut reliance on nuclear energy
Rosatom firm on expansion plan
2011-11-14 17:45:43 from FT.com - Energy Utilities Mining
Russia's state nuclear power corporation is forging ahead with plans to double in size and widen its international reach
German utilities look further afield
2011-11-14 17:45:43 from FT.com - Energy Utilities Mining
Eon and RWE consider new opportunities after Berlin moves to close reactors
Canada more wary of US after pipeline blow
2011-11-14 16:50:15 from FT.com - Energy Utilities Mining
The Keystone XL delay is causing more people north of the border to question the wisdom of putting too many eggs in one trade basket
Oil shale boom boosts US jobs market
2011-11-14 16:35:55 from FT.com - Energy Utilities Mining
Manufacturing growth in oil field services equipment leads to big jumps in profit and calls for new staff to cope with demand
UK plans ambitious expansion of nuclear power
2011-11-14 16:35:24 from FT.com - Energy Utilities Mining
The UK has embarked on plans for up to 12 new reactors by 2025 but concerns exist over the state of the companies involved
Politics stokes fears over Iran nuclear plans
2011-11-14 14:01:07 from FT.com - Energy Utilities Mining
Israel and the US have reasons to raise renewed alarms as the world is distracted by the Arab uprising and the eurozone debt crisis
Aung San Suu Kyi renews call to free political prisoners
2011-11-14 13:07:55 from FT.com - Energy Utilities Mining
The Nobel Peace Prize laureate says her National League for Democracy movement has yet to decide whether to contest parliamentary by-elections
BHP Billiton to spend £2.8bn developing shale gas
2011-11-14 12:30:53 from Energy - Telegraph
BHP Billiton, the mining giant, backed the burgeoning shale gas industry as it unveiled plans to spend $4.5bn (£2.8bn) on its development next year.![]()
Lonmin warns on market volatility
2011-11-14 10:25:00 from FT.com - Energy Utilities Mining
Platinum miner fears 'unpredictable' trading could hit annual sales targets
A mining accident
2011-11-13 22:16:04 from FT.com - Energy Utilities Mining
Pension funds should think hard before backing some of the risky foreign mining companies queueing to list in London
Grounded ships ride high again
2011-11-13 20:11:00 from FT.com - Energy Utilities Mining
A rise in longer journeys has pushed up charter rates for LNG tankers, sending owners of mothballed vessels scrambling to reactivate them
Kurds talk to two more oil groups
2011-11-13 19:21:05 from FT.com - Energy Utilities Mining
Landmark deal with ExxonMobil has raised tensions with Iraq's federal government.
Hayward says Bumi row 'won't be repeated' at Genel
2011-11-13 19:07:44 from Energy - Telegraph
There is "zero chance" of the shareholder split at Bumi Resources spreading to its sister company Vallares, former BP chief executive Tony Hayward has insisted.![]()
Exxon's Kurdistan move set to trigger raft of oil mergers
2011-11-13 18:58:15 from Energy - Telegraph
Exxon Mobil's move into the Kurdistan region of Iraq could spark a wave of consolidation in the area, according to Dr Barham Salih, the Kurdish prime minister.![]()
Rising LNG price prompts tanker scramble
2011-11-13 16:44:37 from FT.com - Energy Utilities Mining
High prices mean energy companies are vying for unused LNG tanker capacity, and are offering tanker owners higher rates
The old Putin gets set to swagger back
2011-11-13 16:32:18 from FT.com - Energy Utilities Mining
At a Moscow dinner there was little sign of the reformist transformation some have been expecting from the hawkish Russian president of 2000-2008
Oil majors struggle to increase production
2011-11-13 14:12:42 from FT.com - Energy Utilities Mining
Gulf of Mexico is the ultimate prize but energy groups weighed down by regulatory burdens
British Gas provides backdated bill boost for small businesses
2011-11-12 17:06:31 from Energy - Telegraph
Tens of thousands of small businesses will no longer be hit by huge backdated utility bills after British Gas broke ranks with the industry.![]()
Bob Holt guides energy firm to £10m listing
2011-11-12 16:11:51 from Energy - Telegraph
Bob Holt, the long-standing chairman of support services group Mears, is to bring a new energy consultancy to the London Stock Exchange's junior Aim market in a £10m-plus listing.![]()
Bumi shows downside of heeding your own advice
2011-11-12 00:48:40 from FT.com - Energy Utilities Mining
The increasingly public spat at the company suggests at best that Nat Rothschild was naive in his expectations of his Indonesian partners
Petrobras says currency effects threaten profits
2011-11-12 00:26:18 from FT.com - Energy Utilities Mining
Brazilian oil major says that its profits in the fourth quarter are likely to be hit by fluctuations in the value of the real
Anglo chief faces battle in Chile
2011-11-11 23:53:35 from FT.com - Energy Utilities Mining
The miner has angered the world's biggest copper company by volume and a national government regardless of its rights to sell to Mitsubishi
Zambia to double mine royalties
2011-11-11 22:50:00 from FT.com - Energy Utilities Mining
Move follows an election pledge to distribute mining revenues more equitably in the poverty-stricken country
Props crack in Rothschild's mine venture
2011-11-11 21:49:47 from FT.com - Energy Utilities Mining
Nat Rothschild's investment and his relationship with the Bakrie family seems at risk of falling apart as tensions run high over the past week
Scotland welcomes Osborne's renewables fund
2011-11-11 19:08:30 from FT.com - Energy Utilities Mining
Chancellor releases £100m for Scots' green energy; the rest of a £200m levy would go towards creating UK's green bank
Oil strengthened by Iran tension and tight supplies
2011-11-11 18:55:45 from FT.com - Energy Utilities Mining
Crude prices strengthen on the back of fears of tight supply and demand, and heightening geopolitical risk
£10bn Russian lawsuits against BP thrown out
2011-11-11 18:45:53 from Energy - Telegraph
BP has claimed victory in two "legally absurd" multi-billion pound lawsuits after a Siberian court rejected claims brought by a minority shareholder in its Russian joint venture.![]()
Questor share tip: Cape slump looks overdone
2011-11-11 17:09:08 from Energy - Telegraph
Services group Cape had been one of Questor's best-performing tips - until last week. The shares plunged by a third on Wednesday after the group's latest trading update. However, Questor regards the falls as overdone.![]()
EDF fined for hacking into Greenpeace computer
2011-11-11 15:16:12 from FT.com - Energy Utilities Mining
Two ex-security chiefs at French nuclear energy giant jailed for their part in surveillance operation
San Leon Energy hope remains
2011-11-11 14:31:54 from FT.com - Energy Utilities Mining
Investors will be hoping the company's failure will prove but a melancholy prelude to eventual success for a further wave of shale work
Centrica's £30m US protection plan deal
2011-11-11 10:29:51 from Utilities - Telegraph
Centrica, the owner of British Gas, has bought an American home protection plan business in a deal worth $48m (£30m).![]()
Russian court throws out $16bn TNK-BP lawsuits
2011-11-11 10:19:51 from Energy - Telegraph
A Russian court has thrown out two multi-billion dollar lawsuits against BP, handing the British oil company a key victory in legal battles surrounding its Russian oil venture TNK-BP.![]()
Sinopec buys stake in Galp's Brazil assets
2011-11-11 09:50:58 from FT.com - Energy Utilities Mining
China's biggest oil refiner signs a $5.2bn deal for a 30 per cent stake in the Brazilian assets of Portugal's Galp Energia
Siberian court rejects claim against BP
2011-11-11 09:18:31 from FT.com - Energy Utilities Mining
TNK-BP minority shareholders fail in bid for $2.8bn compensation over Rosneft deal
Centrica buys US warrranty provider
2011-11-11 09:04:56 from FT.com - Energy Utilities Mining
Owner of British Gas broadens range into appliance breakdown cover with $48m acquisition of Home Warranty of America
SEC probes Nabors over private jet use
2011-11-11 00:40:17 from FT.com - Energy Utilities Mining
The oil drilling company was already facing a shareholder backlash over a $100m payment made to Eugene Isenberg, its chairman
Keystone decision pushed beyond election
2011-11-10 22:57:27 from FT.com - Energy Utilities Mining
The Obama administration has pushed back a decision on a controversial proposed oil pipeline from Canada to Texas after announcing a futher review of the project
Vedanta plays down earnings squeeze
2011-11-10 22:45:57 from FT.com - Energy Utilities Mining
Indian miner posts reduced profits at $916m, but insists it still represent one of the few gateways into the rapidly industrialising subcontinent
Anglo heads towards rocky ground in Chile
2011-11-10 22:05:47 from FT.com - Energy Utilities Mining
The miner's deal with Mitsubishi of Japan softens the blow from the possibility that it could lose half of one of its premier growth projects
Syria stops payments to Shell and Total
2011-11-10 21:34:48 from FT.com - Energy Utilities Mining
Damascus shows growing unease about the Syrian economy's ability to weather pro-democracy protests against the regime of Bashar al-Assad
Exxon signs Kurd exploration contracts
2011-11-10 21:30:46 from FT.com - Energy Utilities Mining
The world's supermajors have held back from signing deals with region for fear of antagonising Baghdad, which believes contracts illegitimate
Codelco prepares for Anglo battle over Sur
2011-11-10 19:08:56 from FT.com - Energy Utilities Mining
Chilean copper group says it will 'defend and exercise' its right to buy nearly half its most prized Chilean assets at low prices
Lack of courtroom chairs halts BP lawsuit
2011-11-10 18:25:37 from Energy - Telegraph
BP's travails in Russia moved from drama to farce after a judge adjourned a £1.7bn lawsuit against the oil major's joint-venture representatives in the country because of a lack of chairs in the courtroom.![]()
Questor share tip: SSE is still a good dividend play
2011-11-10 18:10:20 from Energy - Telegraph
This week's headline interim results from utility group SSE could have given investors a start, as profits slumped by about a quarter. However, things aren't as bad as first appearances suggest.![]()
Questor share tip: EnQuest well placed to harvest North Sea potential
2011-11-10 18:07:33 from Energy - Telegraph
The share price of North Sea oil group EnQuest has been on the slide this year - and Questor feels that the valuation does not appear to reflect the company's growth prospects.![]()
Ill-judged smirks about Italy miss deeper truth
2011-11-10 14:36:26 from FT.com - Energy Utilities Mining
Networked Italians need to realise that mechanisms they have used to keep real world at bay are precisely those that failed them
Homeserve reviews direct marketing practices
2011-11-10 12:45:32 from FT.com - Energy Utilities Mining
Shares in the home emergency insurer shares surged after announcing it had also started accepting limited inbound telephone sales calls
Veolia weighed by pricing pressures
2011-11-10 12:42:00 from FT.com - Energy Utilities Mining
French environmental services group hit by operational difficulties
Repsol bolstered by Argentina subsidiary
2011-11-10 10:51:25 from FT.com - Energy Utilities Mining
Spanish integrated oil company's Argentine subsidiary offsets falls in production in Libya during the third quarter
Late starter catches up fast in a role that keeps growing
2011-11-10 10:17:38 from FT.com - Energy Utilities Mining
Interview: Cairn Energy's managing director delayed her career after 'children came first'
RWE suffers in Berlin's nuclear fallout
2011-11-10 09:14:30 from FT.com - Energy Utilities Mining
Rival Eon hit harder than Essen-based RWE, despite 21% drop in core earnings due to factors such as Germany's nuclear energy phase-out
China's commodities demand levels off
2011-11-10 06:52:53 from FT.com - Energy Utilities Mining
Imports of raw materials levelled off in October as tight monetary conditions start to filter down through the world's second-largest economy
Tullow Oil cuts output targets
2011-11-10 03:28:04 from FT.com - Energy Utilities Mining
Energy explorer disappoints investors by trimming targets due to slower production growth at its Jubilee deepwater oilfield in Ghana
SSE and Shell announce carbon capture pilot
2011-11-09 23:10:54 from FT.com - Energy Utilities Mining
A pilot project at Longannet in Fife was cancelled in October after Scottish Power, the lead developer, said it would cost at least £1.5bn
'Invest in production or see oil hit record $150 a barrel'
2011-11-09 22:55:23 from Energy - Telegraph
The oil price could soon spiral to an all-time high of $150 (£94) a barrel without enough investment in production, the International Energy Agency (IEA) has warned.![]()
Rothschild calls for clean-up at PT Bumi
2011-11-09 22:20:29 from FT.com - Energy Utilities Mining
Nat Rothschild calls for a 'radical cleaning up' of coalminer PT Bumi Resources, the Jakarta-listed affiliate of London-listed Bumi plc
US investigating imported Chinese solar cells
2011-11-09 20:40:03 from FT.com - Energy Utilities Mining
The US opened an official investigation into whether imported Chinese solar cells were unfairly undercutting American products
Emergency power systems to be worth £1.5bn by 2020
2011-11-09 19:45:52 from Energy - Telegraph
Emergency power systems at Britain's hospitals, factories and offices could be used to keep the lights on, as old power plants close and the grid relies more on inconstant renewable energy such as wind, experts said.![]()
Falling prices risk putting solar producers in the shade
2011-11-09 19:16:21 from FT.com - Energy Utilities Mining
Recent bloodbath among publicly traded solar companies has left investors asking which will be left standing
SSE hit by gas costs and derivative losses
2011-11-09 18:19:06 from FT.com - Energy Utilities Mining
UK power utility slumps to an interim pre-tax loss of £6m but still predicts a slight rise in adjusted full-year profits
Vestas abandons €15bn revenue target
2011-11-09 17:13:04 from FT.com - Energy Utilities Mining
World's biggest wind turbine manufacturer warns of more job cuts and hints at a change of management
Striking Freeport workers reject 35% pay rise
2011-11-09 15:57:08 from FT.com - Energy Utilities Mining
Pay rise snub and prolonged strike adds pressure on Freeport as authorities push it to renegotiate its contract and seek more revenue
Energy watchdog warns on climate risk
2011-11-09 11:45:03 from FT.com - Energy Utilities Mining
International Energy Agency calls for low-carbon technologies to limit the rise in world temperature to just 2C
IEA warns on global energy policies
2011-11-09 11:45:03 from FT.com - Energy Utilities Mining
Watchdog calls for low-carbon technologies to halt oil price spike
Nat's rep at risk as Bumi spat spills into open
2011-11-09 11:31:20 from FT.com - Energy Utilities Mining
Nat Rothschild's plan for a FTSE 100 coal miner is going up in smoke and he looks isolated
Fallout from German nuclear move hits Eon
2011-11-09 08:53:51 from FT.com - Energy Utilities Mining
Government phase-out and tax on fuel rods caused sharp cost for utility in first nine months of year
Bumi Resources repays part of $1.9bn loan
2011-11-09 01:04:38 from FT.com - Energy Utilities Mining
Indonesian coal group partly owned by Nat Rothschild's resources venture with the Bakrie family says it has refinanced and cut interest payments
Areva faces setback on nuclear project
2011-11-08 23:08:34 from FT.com - Energy Utilities Mining
Finnish reactor is a flagship project for Areva as well as for France which hopes to secure more export orders for new generation EPR reactor
Dynegy: hedge funds mine rich seam
2011-11-08 20:59:18 from FT.com - Energy Utilities Mining
Though coal plants are worth far below what they cost to build, that cannot last forever. The spread is always darkest before the dawn
Ofgem to probe risk of UK gas drought
2011-11-08 19:57:57 from Energy - Telegraph
Energy regulator Ofgem has been ordered to launch an investigation into whether the UK's long-term gas supply is safe, amid mounting worries about rising electricity prices and Britain's energy security.![]()
IAEA report says Iran has sought warhead
2011-11-08 19:48:48 from FT.com - Energy Utilities Mining
UN nuclear watchdog says Tehran has 'carried out activities relevant to the development of a nuclear explosive device'
Opposition grows to $7bn tar sands scheme
2011-11-08 19:09:55 from FT.com - Energy Utilities Mining
The Keystone XL oil pipeline, seen as a racing certainty to go ahead just a few months ago, now faces heavy going
Tehran hits at IAEA chief on Iran report
2011-11-08 18:09:13 from FT.com - Energy Utilities Mining
Yukiya Amano is said to see nuclear watchdog's role as supplying technical data regardless of politics, but Iran says it is in cahoots with the US
Russia-EU gas pipeline delivers first supplies
2011-11-08 16:18:07 from FT.com - Energy Utilities Mining
Merkel affirms 'safe and resilient partnership with Russia' as leaders formally open Nord Stream
Mining groups have a mountain to climb
2011-11-08 16:07:19 from FT.com - Energy Utilities Mining
Regulations and costs take their toll on controversial extraction technique
Endesa profits hit as disposals slow down
2011-11-08 11:18:25 from FT.com - Energy Utilities Mining
Spanish utility's nine-month net profits fall 27% once cash generated by disposals is stripped out
Australia passes carbon tax laws
2011-11-08 07:39:44 from FT.com - Energy Utilities Mining
Legislation seen as political victory for Gillard government and will force 500 biggest polluters to pay up
Dynegy subsidiaries put into bankruptcy protection
2011-11-08 06:36:52 from FT.com - Energy Utilities Mining
Debt pile forces the troubled electricity company to push five of its subsidiaries into Chapter 11 bankruptcy protection
Thousands of solar jobs at risk
2011-11-07 23:09:52 from FT.com - Energy Utilities Mining
A majority of managers are preparing to lay off more than 50 per cent of their staff because of imminent cuts to subsidies, industry research shows
French nuclear cuts put at €60bn
2011-11-07 21:01:30 from FT.com - Energy Utilities Mining
A report on the cost to reduce France's reliance on nuclear energy represents an opening shot in what could be an intense lobbying battle for EDF
Failed Argentinian deal reignites BP doubts
2011-11-07 20:55:23 from FT.com - Energy Utilities Mining
Bridas's decision to pull out of agreement to buy the group's 60 per cent stake in Pan American Energy punctures Bob Dudley's positive tone
Repsol announces big shale oil find in Argentina
2011-11-07 20:29:27 from FT.com - Energy Utilities Mining
Discovery boosts Spanish group's overall recoverable reserves by nearly 1bn barrels of oil equivalent (boe), or about 50 per cent
China's September gold imports jumps sixfold
2011-11-07 18:39:26 from FT.com - Energy Utilities Mining
Strong buying by investors follows sharp fall in prices for the yellow metal
Weir Group declines to raise profit guidance
2011-11-07 17:35:52 from FT.com - Energy Utilities Mining
Shares in the company dip as investors react to news the engineer will stand by expectations despite growing orders
Energy companies face stringent demands
2011-11-07 17:04:20 from FT.com - Energy Utilities Mining
The collapse of BP's Argentine deal comes as the president pushes measures likely to weaken already fragile investor confidence in the country
BP / Bridas: difficult partners
2011-11-07 12:28:46 from FT.com - Energy Utilities Mining
Investors should look closely at execution risk as another one of chief executive Bob Dudley's strategic transactions has failed
Asian fuel oil market defies economic gloom
2011-11-07 10:29:49 from FT.com - Energy Utilities Mining
Traders say supply and demand tighter than during oil rally of mid-2008, writes Javier Blas
Alaska eyes LNG pipeline to Pacific Rim
2011-11-06 23:08:47 from FT.com - Energy Utilities Mining
Governor asks large energy producers including ExxonMobil and BP to examine potential for export project
Tar sand storms
2011-11-06 22:16:10 from FT.com - Energy Utilities Mining
To discriminate against a reliable source of supply from a friendly country, thus favouring fuels that might have even worse consequences for the environment, would be madness
Commodities: Advocates keep the shale gas flame alight
2011-11-06 19:06:00 from Energy - Telegraph
Admitting your unconventional approach to extracting shale gas in Britain seems to have triggered a few earthquakes is, by anyone's count, a public relations disaster.![]()
UN to reveal Iran's 'intent' on nuclear weapons
2011-11-06 18:34:35 from FT.com - Energy Utilities Mining
The UN's nuclear watchdog, the IAEA, will reveal significant new evidence this week that Iran has sought to build a nuclear bomb
BP woes pile up as Argentine deal collapses
2011-11-06 18:17:30 from Energy - Telegraph
BP was involved in a testy exchange yesterday over the collapse of a $7.1bn (£4.4bn) Argentine oil deal as it fended off allegations that it had described Russian oligarchs in its TNK-BP partnership as "crooks and thugs."![]()
Oil demand globally to peak before 2020
2011-11-06 16:50:31 from Energy - Telegraph
Global oil demand is expected to peak before 2020 as a "perfect storm" of regulation promotes energy efficiency, new technology and biofuel use across the world, according to a new study.![]()
Eon and RWE winded by nuclear blow
2011-11-06 13:43:29 from FT.com - Energy Utilities Mining
Japanese nuclear disaster and Germany's decision to close down its 17 nuclear reactors has seen profits slump for both utilities
BP's Argentina disposal falls through
2011-11-06 12:25:37 from FT.com - Energy Utilities Mining
$7.1bn deal to sell a majority stake in Pan American Energy to Bridas collapses in acrimony
Energy firms failing poorer consumers
2011-11-05 19:44:01 from Energy - Telegraph
The "big six" suppliers have been exposed as paying far less than expected towards a drive to help Britain's poorest households.![]()
CoAL welcomes support after a difficult year
2011-11-05 02:25:16 from FT.com - Energy Utilities Mining
Mining group stokes up investor enthusiasm for a $106m share placing to solve funding problems on developing the Vele colliery in South Africa
ENRC delays Kazakh coal deal due to volatility
2011-11-04 20:03:13 from FT.com - Energy Utilities Mining
ENRC postpones vote on transaction to acquire shares in Kazakh coalminer Shubarkol as shareholders show concern over volatile markets
Diamond dynasty ends era of dominance
2011-11-04 19:39:51 from FT.com - Energy Utilities Mining
South Africa's Oppenheimers finally decided to sell their stake in De Beers to Anglo American for $5.1bn after emotional discussions within the family
Bakries to sell half their stake in Bumi
2011-11-04 19:16:49 from FT.com - Energy Utilities Mining
The family is selling its shares to Samin Tan, a Chinese-Indonesian coking coal tycoon, to cover a $1.34bn loan led by Credit Suisse
Questor Plus: insure yourself against the Eurocrisis
2011-11-04 18:22:58 from Energy - Telegraph
Garry White's preferred insurance stocks in today's volatile times.![]()
Anglo American/De Beers
2011-11-04 15:20:59 from FT.com - Energy Utilities Mining
Anglo American, the London-listed miner which already owns 45% of De Beers, will pay $5.1bn to increase its stake to 85%
Bad loans drag down Caixabank profits
2011-11-04 12:21:21 from FT.com - Energy Utilities Mining
Group has almost a quarter of loans to real-estate developers in default as Spanish banking system faces mounting losses from property bubble
Tepco set for heavy losses despite more aid
2011-11-04 11:15:38 from FT.com - Energy Utilities Mining
The operator of the Japanese nuclear plant destroyed by the tsunami, has forecast heavy losses despite securing more government help
Super-sewer's price rises £500m
2011-11-03 23:58:19 from FT.com - Energy Utilities Mining
The project designed to end the dumping of untreated effluent into the Thames will now cost more than £4bn
Chesapeake strikes shale gas deals
2011-11-03 23:55:18 from FT.com - Energy Utilities Mining
Chesapeake Energy, the US's biggest independent natural gas producer, announced deals worth $3.4bn to develop shale gas in Ohio as it reported a 71 per cent jump in third-quarter profit
London small-caps: Kofax hit by drop in licence revenues
2011-11-03 21:03:56 from FT.com - Energy Utilities Mining
Document management software falls 13 per cent after lowering its outlook for 2012 amid falling software licence revenues in Europe, Middle East and Africa
Alstom sees rise in orders, but not profits
2011-11-03 21:03:50 from FT.com - Energy Utilities Mining
Sales at French transport and power group dip 10 per cent reflecting 'the trough in orders' taken during 2009
Keystone flops
2011-11-03 20:39:26 from FT.com - Energy Utilities Mining
The Obama administration now finds itself in the unusual position of determining the fate of a project vital to the oil supply industry's expansion
Blistering nuclear experience for GDF's Mestrallet
2011-11-03 19:41:41 from FT.com - Energy Utilities Mining
Gérard Mestrallet must be cursing Belgium's accelerated phase-out of its nuclear plants and the freeze on domestic gas prices in France
Questor share tip: Don't waste the opportunity to invest in Shanks
2011-11-03 17:47:00 from Utilities - Telegraph
Humans produce a lot of waste and Shanks's business is disposing of it - sensibly. Yesterday, the company's interim numbers proved that where there's muck there's definitely brass, even in a downturn.![]()
UN to reveal signs of Iran nuclear arms plan
2011-11-03 17:41:53 from FT.com - Energy Utilities Mining
An IAEA report next week will spell out in unprecedented detail the possible military dimensions of Tehran's atomic programme
AMSC to sue Sinovel in Beijing court
2011-11-03 16:17:17 from FT.com - Energy Utilities Mining
US energy group seeks $400m in damages from Chinese wind turbine maker over alleged intellectual property theft
Norilsk seals $4.5bn share buy-back
2011-11-02 22:52:39 from FT.com - Energy Utilities Mining
Move potentially consolidates the grip of metals tycoon Vladimir Potanin on the Russian nickel miner whose ownership structure remains a mystery
Heavy rain fail to damp Randgold production
2011-11-02 20:46:34 from FT.com - Energy Utilities Mining
The FTSE 250 miner points to 13% improvement in selling price of gold as the group surprised investors by maintaining its quarterly output
Antofagasta beats softening copper price
2011-11-02 20:40:28 from FT.com - Energy Utilities Mining
Antofagasta increased production in a challenging price environment while pushing ahead with investment to exploit new deposits
Cuadrilla admits drilling caused Blackpool earthquakes
2011-11-02 12:36:27 from Energy - Telegraph
Private company Cuadrilla Resources has admitted that its activities probably caused two 'seismic events' that occured in Blackpool earlier this year.![]()
Shale gas fracking blamed for Blackpool quake
2011-11-02 11:55:13 from FT.com - Energy Utilities Mining
The 'minor seismic event' was probably triggered by extracting gas from rocks with a controversial procedure known as fracking, a report says
KKR seeks control of oil explorer Samson
2011-11-01 21:44:50 from FT.com - Energy Utilities Mining
US private equity group is in exclusive talks about a potential $5bn takeover of one of the largest privately held US oil and gas explorers
Bumi/Bakrie Group: little has changed
2011-11-01 21:00:26 from FT.com - Energy Utilities Mining
Mr Rothschild and his backers will still have locally connected partners who can help them to navigate the business and government corridors of Jakarta
Drilling snags dent Soco valuation
2011-11-01 20:15:28 from FT.com - Energy Utilities Mining
Shares in the oil explorer fell as low as 289.8p amid disappointment over initial production levels at a field being developed in Vietnamese waters
Japan restarts nuclear reactor
2011-11-01 19:59:43 from FT.com - Energy Utilities Mining
Symbolically important first step before dozens of idled reactors can be brought back online
Cameron faces petrol price rebellion
2011-11-01 19:30:23 from Oil Prices - Telegraph
David Cameron is facing the prospect of a backbench rebellion over petrol prices, after more than 80 MPs supported calls for the Government to tackle rising fuel tax.![]()
Polymetal on verge of promotion to FTSE 100
2011-11-01 17:18:19 from FT.com - Energy Utilities Mining
Alexander Nesis, founder of miner Polymetal, brushes off worries over companies from ex-Soviet countries seeking to join London's main list
Commodities hit by fears of China slowdown
2011-11-01 11:31:33 from FT.com - Energy Utilities Mining
Chinese manufacturing activity slows, while eurozone crisis continues to weigh on sentiment
Bakries agree Bumi deal with Indonesian investor
2011-11-01 09:18:55 from FT.com - Energy Utilities Mining
Indonesia's Bakrie family has agreed to sell half its stake in Bumi Plc to an Indonesian investor named Samin Tan
Solar chiefs threaten legal action
2011-10-31 23:10:31 from FT.com - Energy Utilities Mining
Government plans to cut subsidies to households would destroy the industry and risk 25,000 jobs, say angry executives
Trading Emissions reports continued deep losses
2011-10-31 22:57:38 from FT.com - Energy Utilities Mining
'Perfect storm' keeps clean energy investor in the red with £27m pre-tax loss in the full year
Pension funds eye challenge to Nabors payout
2011-10-31 22:40:07 from FT.com - Energy Utilities Mining
Union schemes blanch at $100m payment to Eugene Isenberg, drilling group chairman, to honour a contract clause as he stands aside as chief executive
Anadarko posts loss after BP settlement
2011-10-31 22:37:31 from FT.com - Energy Utilities Mining
US oil and gas group reports a large quarterly loss after taking a charge to pay for a $4bn settlement with BP
Abramovich admits 'not very ethical' practices
2011-10-31 21:03:09 from FT.com - Energy Utilities Mining
Russian billionaire Roman Abramovich concedes amending dates in documents after questions from the legal team of rival Boris Berezovsky
China steps in where America finds it less necessary to tread
2011-10-31 20:25:52 from FT.com - Energy Utilities Mining
Saudi oil refinery deal signals a switch in Middle Eastern states' attention away from Washington towards Beijing
24,000 businesses to get choice of water supplier
2011-10-31 20:08:36 from Utilities - Telegraph
Around 24,000 business will gain the right to choose their water supplier, under proposed reforms intended to drive down prices and improve service in the water industry.![]()
Glencore abandons loan deal with Bakries
2011-10-31 19:19:05 from FT.com - Energy Utilities Mining
Deal breakdown leaves Indonesian family in last-minute talks with several groups to meet deadline with Credit Suisse
Government accused of 'destroying 25,000 green jobs'
2011-10-31 18:43:35 from Energy - Telegraph
Ministers have been accused of destroying 25,000 jobs and "bankrupting a whole industry", after the Government unveiled plans to slash subsidies for green energy.![]()
UK nuclear power plant moves step closer
2011-10-31 18:15:14 from Energy - Telegraph
Plans for Britain's first new nuclear power station moved a stage further on Monday as the Government gave the go-ahead for two new plants in Yorkshire costing almost £1.2bn and creating more than 1,000 jobs.![]()
Vestas shares plunge on production delays
2011-10-31 18:15:04 from FT.com - Energy Utilities Mining
World's biggest wind turbine maker forced to cancel projects as work on German factory falls behind schedule
BG Group names former Schlumberger chief Andrew Gould as new chairman
2011-10-31 18:10:31 from Energy - Telegraph
BG Group, the UK's third biggest oil and gas producer, named Andrew Gould, the chairman and former chief executive of oilfield services company Schlumberger, as its next chairman.![]()
China's Winsway in Canadian coking coal bid
2011-10-31 17:21:07 from FT.com - Energy Utilities Mining
Hong Kong-listed importer joins Japan's Marubeni in $1bn offer for Alberta-based Grande Cache Coal
Move to reduce companies' water bills
2011-10-31 16:03:27 from FT.com - Energy Utilities Mining
Rule changes could lead to lower water bills for many commercial customers as the government moves to open the market to further competition
Sharjah oil group sues UAE state utility
2011-10-31 15:04:42 from FT.com - Energy Utilities Mining
A family company is taking on the authorities in a rare public confrontation with the authorities in the sheikhdom
TNK-BP to buy $1bn stake in Amazon venture
2011-10-31 14:26:28 from FT.com - Energy Utilities Mining
Anglo-Russian oil alliance seeks to expand its international portfolio despite continuing legal wranglings
Vestas: twisting in the wind
2011-10-31 14:20:01 from FT.com - Energy Utilities Mining
The world's biggest wind-turbine manufacturer has issued a profit warning, investors will be more concerned by what they still do not know
Ipic sells longer-dated bonds
2011-10-31 13:21:19 from FT.com - Energy Utilities Mining
Abu Dhabi investment arm moves to take the pressure off pressing maturities schedule
Npower fined £2m by regulator
2011-10-31 13:02:24 from FT.com - Energy Utilities Mining
Company fined £2m by Ofgem and is the latest of the UK's "big six" utilities to be penalised for mishandling customer complaints
Npower fined £2m for poor complaint handling
2011-10-31 12:27:49 from FT.com - Energy Utilities Mining
Energy firm failed to record details of complaints from domestic householders and small businesses
Npower fined £2m for mishandling customer complaints
2011-10-31 08:56:42 from Energy - Telegraph
Energy giant Npower has been fined £2m by regulator Ofgem for mishandling customers' complaints.![]()
Riverstone considers sale of Seajacks
2011-10-30 23:45:23 from FT.com - Energy Utilities Mining
Lord Brown's renewable energy fund could generate a return several times its original investment in the offshore wind farm servicing business
Super-sewer aims to relieve strain
2011-10-30 22:45:14 from FT.com - Energy Utilities Mining
The capital's effluent is dumped into the river when its 19th century sewers cannot cope, a problem Thames Water hopes to tackle
London's £3.6bn super-sewer under fire
2011-10-30 22:39:22 from FT.com - Energy Utilities Mining
Thames Water says project is only practical way to cut discharge rate of untreated sewage into river from 60 times a year to four or less
Transocean eyes more action against BP
2011-10-30 22:27:25 from FT.com - Energy Utilities Mining
The owner of the drilling rig that sank in the Gulf of Mexico last year aims to prove the UK group should be liable for almost all the disaster's costs
SSE pulls plug on its web deals
2011-10-30 19:00:50 from Utilities - Telegraph
One of Britain's biggest energy suppliers, SSE, will this week pledge to scrap its discount internet tariffs, after the Government attacked "predatory pricing" by the industry online.![]()
Japan's plain man looks to rebuild
2011-10-30 16:55:27 from FT.com - Energy Utilities Mining
Determination to set country back on a course to fiscal sustainability priority for former finance minister now sixth premier in five years
Small caps: Sirius Minerals rises 40%
2011-10-28 23:22:09 from FT.com - Energy Utilities Mining
Aim-quoted company finds three 'world-class' seams of potash deposits in Yorkshire
Prokhorov revealed
2011-10-28 20:58:04 from FT.com - Energy Utilities Mining
Imposing figure in Russian business and, for a brief time, in Kremlin politics
Investor unease at London's foreign influx
2011-10-28 20:26:29 from FT.com - Energy Utilities Mining
Some fear the new arrivals, combined with the entry of other overseas-based resources groups, will debase both the market and the FTSE 100
Polymetal placing values miner at £3.5bn
2011-10-28 19:28:20 from FT.com - Energy Utilities Mining
Gold and silver mining group prepares for debut on London's main list next week and could clear way for more Russian companies.The company's expected admission to the FTSE 100
EDF reaches agreement over Edison
2011-10-28 18:33:02 from FT.com - Energy Utilities Mining
An announcement could soon be made over operational control of the Italian power provider, barring any last-minute change of heart among investors
Renting out roof to solar power firms could make your home harder to sell, surveyors warn
2011-10-28 18:05:06 from Energy - Telegraph
Homeowners hoping to save money by leasing their roofs to host solar panels could struggle to sell their houses, surveyors have warned.![]()
Refinery business boosts Total
2011-10-28 18:02:00 from FT.com - Energy Utilities Mining
French oil group's net income rises by 13% to €2.8bn in the third quarter as it benefited from a surprisingly good performance at its refining division
High oil prices lift Chinese majors' revenues
2011-10-28 16:10:33 from FT.com - Energy Utilities Mining
The results will reinforce their financial positions as they pursue expansion, but fuel prices, which are controlled by the state, could soon hit profits
Chevron reports drop in production
2011-10-28 15:12:23 from FT.com - Energy Utilities Mining
The US oil group's third-quarter earnings more than doubled on higher prices for crude oil and refined products, but shares fell on analyst concerns
Questor Plus: BP v Shell
2011-10-28 12:33:25 from Energy - Telegraph
Garry White: Questor's preferred portfolio choice.![]()
Professor Iron Ore's lessons on China
2011-10-28 09:16:45 from FT.com - Energy Utilities Mining
A new pseudo-academic commodity joins Dr Copper and catches the interest of hedge funds
Shell joins US frack gas exports cash dash
2011-10-27 22:00:13 from FT.com - Energy Utilities Mining
Technology-savvy group is well-placed to benefit, but export growth will depend partly on US resource protectionism and prospects in China
UK manufacturers to bear greater energy costs
2011-10-27 19:39:10 from FT.com - Energy Utilities Mining
Competitiveness at risk as energy-intensive users face 50% more costs on electricity bills than counterparts in Germany
Questor share tip: Shell beats consensus
2011-10-27 17:47:53 from Energy - Telegraph
Last month, Questor recommended buying shares in market debutante APR Energy, a provider of temporary power equipment. Yesterday's update shows everything is on track. Buy.![]()
Questor share tip: APR's deal gives power to spark profits
2011-10-27 17:28:04 from Energy - Telegraph
Last month, Questor recommended buying shares in market debutante APR Energy, a provider of temporary power equipment. Yesterday's update shows everything is on track.![]()
Statoil income jumps, but below expectations
2011-10-27 17:27:34 from FT.com - Energy Utilities Mining
Norwegian state-controlled energy group is set to boost production levels and commit further spending to exploration
UK manufacturers pay 10pc more for electricity than German rivals
2011-10-27 17:19:32 from Energy - Telegraph
The chemical, steel and other energy intensive industries in Britain are increasing the pressure on the Government for relief, as new figures show they pay substantially more than German rivals.![]()