North Korea to discuss nuclear talks in Moscow: Report

MOSCOW: North Korea's chief nuclear negotiator will meet senior Russian officials in Moscow next week, state media reported, amid signs of a new push to get Pyongyang to re-join protracted talks over ending its atomic programme.

Obama, GOP Face Showdown Over EPA Nomination

The White House is headed for a showdown with Senate Republicans over President Obama's pick to head the Environmental Protection Agency.

UK shale gas resources 'greater than thought'

UK shale gas resources may be far greater than previously thought, a report for the government says. The British Geological Survey estimates there may be 1,300 trillion cubic feet of shale gas present in the north of England - double previous estimates.

South Sudan moves closer to oil pipeline to the south

South Sudan has moved closer to its target of gaining access to a pipeline to export its oil to the south.

Oil below $100 highlights widening gap in OPEC pain thresholds

LONDON: Oil's fall below the $100 a barrel favoured by OPEC exposes the deepening divide between countries in the group better able to cope with a lower price and those most hurt by it, making collective action to halt any further price slide harder.

Obama Said to Solicit States on Cutting Carbon Emissions

The Obama administration plans to solicit ideas from states on how to cut greenhouse-gas emissions as it seeks to impose standards for carbon dioxide on new and existing electric-power plants, according to people briefed on the plans.

Why Cheap Gasoline Could Be Bad For America's Economic Comeback

Oil prices have fallen in the past week, with benchmark Brent crude down more than 5% to less than $100 a barrel on Monday morning.

Indonesia Raises Subsidized Fuel Prices Amid Riots

Indonesia raised domestic fuel prices for the first time since 2008 to cut subsidy costs and boost confidence in the nation’s currency in the face of protest rallies.

Russia, China reach $60 bln oil supply deal: Vladimir Putin

SAINT PETERSBURG: Moscow and Beijing have reached agreement on a USD 60 billion contract to ramp up Russian oil supplies to China, part of the two countries' strategy to tighten their energy partnership, Russian President Vladimir Putin said today.

Uganda aims for commercial oil output by 2016

NAIROBI (Reuters) - Uganda is aiming for commercial output of oil by 2016 at the earliest, as the landlocked east African nation seeks cheaper energy and funds for infrastructure projects.

Power crisis fears unnerve industry in booming Philippines

MANILA (Reuters) - An electricity outage that blacked out large swathes of the Philippines' main island of Luzon for up to eight hours last month has highlighted worries about a potential power crisis that could undermine Asia's fastest-growing economy.

Bradwell-on-Sea identified as potential site to dump radioactive waste

When it comes to the Nuclear Decommissioning Authority, the only way is Essex. Bradwell-on-Sea has been identified as a possible site to dump radioactive waste.

Indonesia MPs back budget package that would allow fuel price hikes

JAKARTA (Reuters) - Indonesian parliamentarians gave their backing to budget revisions that pave the way for long delayed cuts in fuel price subsidies, blamed for sapping the budget and undermining confidence in Southeast Asia's biggest economy.

Sellafield fined £700,000 for sending radioactive waste to landfill

The nuclear company Sellafield Ltd has been fined £700,000 and ordered to pay more than £72,000 costs for sending bags of radioactive waste to a landfill site.

Exxon CEO says delays in gas export permits hurt U.S.

WASHINGTON (Reuters) - Delays in approval of more natural gas export projects are costing U.S. companies millions of dollars a day and giving a leg up to rival countries also looking to boost exports, the chief of Exxon Mobil Corp said on Thursday.

Merkel vows to rein in renewable subsidies

BERLIN (Reuters) - German Chancellor Angela Merkel promised on Wednesday to scale back Germany's generous system of subsidies to the renewables sector if she is re-elected in September, a move that would reduce the costs of her green revolution on consumers.

Offshore wind industry in government investment boost

The government is to set up a new body aimed at attracting increased investment into the British offshore wind industry.

Global carbon emissions hit record high in 2012

LONDON: China led a rise in global carbon dioxide (CO2) emissions to a record high in 2012, casting doubt over the chances of limiting global warming to what scientists regard as an acceptable level.

Tim Yeo denies claims he offered to advise solar energy lobbyists for cash

Tim Yeo, the Tory grandee and former environment minister, has rejected allegations that he used his position on a Commons select committee to help business clients.

Oil Options Fall as Futures Rally on U.S. Employment Data

Crude oil options volatility fell as the underlying futures rallied to a two-week high on better-than-expected U.S. employment data.

British Gas owner Centrica in talks to buy shale fracking stake

The British Gas owner Centrica is in talks with Britain's leading fracking company about buying a stake in its most promising acreage just months after playing down the prospects for shale gas.

EDF doesn’t have us over a barrel in Hinkley nuclear talks, says Michael Fallon

Ministers and EDF still disagree on “five or six” issues over the building of Britain’s first new nuclear plant in a generation, Michael Fallon has said, insisting the French company does not have the Government “over a barrel”.

Somerset council objects to nuclear waste transfer option

Proposals to transport nuclear waste in to Somerset ignore public health and safety, a council has warned.

Iraq to lower oil targets with foreign firms: Minister

BAGHDAD: Iraq is in talks with foreign energy firms to lower long-term oil production targets agreed several years ago because of sagging global crude demand forecasts, the country's top energy official told AFP.

EU faces tough decision on China solar panels

BRUSSELS: The European Commission faces a difficult choice on Wednesday -- stick to its principles and impose anti-dumping duties on Chinese solar panel imports, or bow to German-led pressure and avoid a step many believe risks a full-scale trade war with Beijing. The stakes are high, commercially and politically.

UK has until July to implement tougher energy market rules

The government has so far failed to introduce measures from Brussels to crack down on oil and gas market abuse more than 18 months after it was told to and despite a flurry of price-fixing claims.

OPEC agrees to maintain oil output ceiling: Venezuela

VIENNA: OPEC has agreed to hold its output ceiling at 30 million barrels of oil per day, Venezuelan Energy Minister Rafael Ramirez said on Friday after a key meeting in Vienna.

Banks in the dark over $15 billion of promised Rosneft M&A business

LONDON/MOSCOW (Reuters) - Banks that helped Russian oil company Rosneft finance its $55 billion buyout of rival TNK-BP have been left waiting for their payback - a share in $15 billion in asset sales expected to follow the deal, sources familiar with matter said.