Coalition's energy policy blamed for insulation job losses

More than 800 jobs have already been lost in the insulation industry as a direct result of the government's flagship energy efficiency policy, a business group has claimed.

Japan's new government sticks to three-year nuclear safety goal

TOKYO (Reuters) - Japan's new government said on Friday it hoped to stick to a three year deadline to decide whether to restart all nuclear reactors after safety checks, despite the country's newly formed nuclear regulator saying the deadline was impossible to meet.

Brent holds near $111 on US fiscal uncertainty; Japan supports

SINGAPORE (Reuters) - Brent crude held near $111 per barrel on Thursday as jittery investors stayed on the sidelines with a deadline to avert a U.S. fiscal crisis approaching, while hopes the new Japanese government's policies will spur demand supported prices.

Chevron to buy stake in Kitimat LNG from Encana, EOG

CALGARY, Alberta (Reuters) - Chevron Corp said on Monday it will enter the Canadian liquefied natural gas business with the acquisition of the 50 percent stake in the Kitimat LNG project held by Encana Corp and EOG Resources Inc.

Russia unveils $25 bn oil link to Pacific

MOSCOW: Russian President Vladimir Putin unveiled the final extension of a new $25 billion oil pipeline to the Pacific that underscores the energy power's gradual shift away from stagnant European markets.

Is nuclear power necessary for solving climate change?

The relative costs and benefits of nuclear energy have been the subject of heated debate in recent years thanks to a combination of factors, including the need to cut carbon emissions and the 2011 accident at Fukushima, Japan.

Russia clashes over energy with Belarus, Ukraine, EU

MINSK/MOSCOW (Reuters) - Russia plunged back into the disputes over energy with Ukraine and Belarus that have repeatedly disrupted oil and gas supplies to European Union countries, and it also termed EU energy policy as "uncivilized".

BP and Rosneft plan TNK integration

Bob Dudley, BP’s chief executive, is to join a steering committee to mastermind the integration of TNK-BP (LSE: BP.L - news) into Rosneft, the companies announced on Thursday.

Asian buyers to deepen Iranian crude import cuts in 2013

BEIJING/SINGAPORE: Asian buyers of Iranian crude will deepen import cuts in 2013 and struggle to send cash to Tehran to pay for oil as tightening Western sanctions choke the flow of hard currency to Iran's coffers.

YPF, Chevron sign Argentina shale pact

BUENOS AIRES, Argentina (AP) — Argentina's cash-strapped state energy company signed a partnership deal Wednesday with Chevron Corp. for a "massive development" of the South American country's vast nonconventional oil and gas resources.

EU declares no winner in carbon capture competition

The first round of a European commission contest to fund carbon capture and storage (CCS) projects failed to find a winner, the EU's executive said on Tuesday, deepening concerns that the technology will not be emerging soon to help cut emissions.

Climate Change Pits Sioux Against Barges for Scarce Water

For the Standing Rock Sioux Tribe, whose lands straddle the North and South Dakota border, river water means drinking supplies.

Fracking splits coalition over future for British energy

Cuadrilla Resources, the tiny company pioneering shale gas exploration in Britain, caused two minor earthquakes with its drilling near Blackpool.

Consumers get break on lower gas prices

Relief at the pump meant a drop in overall prices in November, according to the government's latest inflation reading.

Gas fracking: Ministers approve shale gas extraction

The government has given the go-ahead for a firm to resume the controversial technique known as fracking to exploit gas in Lancashire.

Exelon Skips Utility Fly-In to Lobby on Wind Tax Credit

A CEO of a major utility is skipping an industry-wide fly-in on dividend taxes to instead lobby lawmakers to oppose the production tax credit for wind energy.

Nexen Approval Paves Way for More Foreign Deals in Gas

Canada’s approval of two Asian takeovers valued at $20 billion may spark more foreign acquisitions of natural gas producers in the country while capping state-owned control of Alberta’s oil sands.

Fracking laws needed 'to control UK's dash for gas', says MEP

Brussels will move to regulate the shale gas industry, a senior member of the European parliament has warned, claiming the UK cannot be sure it knows what it is doing in embarking headlong on a "dash for gas".

Climate Talks Yield Commitment to Ambitious, but Unclear, Actions

DOHA, Qatar — The annual United Nations climate change negotiations concluded here late Saturday after the customary all-night negotiating session and recriminations over who must bear the costs and burdens of a warming planet.

BP partner Rosneft and Exxon to drill in Siberia

BP has been forced to take a backseat in its drive to expand its Russian operation after its joint venture partner Rosneft confirmed it was to explore for oil in Western Siberia with US rival ExxonMobil.

U.S. closer to being major natural gas exporter

The United States is one step closer to becoming a major exporter of natural gas.A long awaited report from the Energy Department issued Wednesday said the benefits of exporting the gas far outweigh the costs.

North Sea oil production 'could rise in short-term'

With high oil prices of at least $90 per barrel, output from the UK could rise to 1.4m barrels per day (bpd) in 2017 as large new fields are developed, the University of Aberdeen study found.

South African Company to Build U.S. Plant to Convert Gas to Liquid Fuels

WESTLAKE, La. — In an ambitious bet that the glut of cheap natural gas in the United States will last for many years, a South African energy company announced on Monday that it would build America’s first commercial plant to convert natural gas to diesel and other liquid fuels.

Dash for gas sees 30 new gas power plants by 2030

Britain could have 30 new gas-fired power stations running by 2030 under a dramatic expansion of generation plans to be unveiled this week.

Exclusive: Chevron, Transocean agree to change offshore Brazil procedures

RIO DE JANEIRO (Reuters) - Chevron Corp and Transocean Ltd have agreed to change offshore safety and operating procedures as part of a lawsuit seeking nearly $20 billion in damages from the companies for a November 2011 oil spill, Brazilian public prosecutors told Reuters on Friday.

Energy Bill to create 'low carbon economy', says Davey

Energy minister Ed Davey has unveiled the government's much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy".