EU energy and climate talks – not Juncker – are the real show in Brussels

Drivers through the European quarter in central Brussels on Friday got a shock as giant banners were unfurled in front of the EU buildings showing political leaders speeding off the edge of a cliff.

Exclusive: U.S. energy venture says its refineries would produce export-ready fuel

(Reuters) - Quantum Energy Inc (QEGY.PK), a U.S. energy venture, intends to build a network of "micro refineries" that would produce fuel fit for export, an executive said on Friday.

Indonesia Seeks $5 Billion to Cut CO2 From Deforestation

Indonesia needs about $5 billion in aid to hit its target for reducing emissions, according to the agency set up to protect rainforests and peatlands.

US eases oil export restrictions

The US has given permission to two firms to export oil, after it has been lightly processed - a move that could see oil exports from the US increase.

Green investment bank to launch £1bn offshore wind fund

The government's Green Investment Bank (Gib) has announced plans to raise £1bn to encourage new investors to put money into offshore windfarms.

Energy Future Crown Jewel Creates Rift: Corporate Finance

The jockeying has begun for the prized asset of Energy Future Holdings Corp., which filed for bankruptcy in April with about $50 billion of debt after the largest leveraged buyout in history.

Coal's share of energy market at highest level since 1970

Coal has reached its highest market share of global energy consumption for more than 40 years, figures reveal, despite fears that its high carbon emissions make it a prime cause of climate change.

Energy freeze prompts differing lawmaker reactions

A controversial bill that will freeze Ohio's renewable energy and efficiency standards for at least two years continues to await Gov. John Kasich's signature.

Shell in preliminary Nigeria oil spill judgement

Anglo-Dutch oil giant shell is braced to pay up to £30m in compensation after two oil spills in Nigeria.

South African Minister Reviews Resource Law as Discord Grows

South Africa’s mines minister has asked President Jacob Zuma to hold off on signing a new mineral resources law so the legislation that faces growing opposition can be reviewed.

India overtakes US as Nigeria's biggest oil importer

India has taken over from the US as the largest importer of Nigerian oil, the West African state's national oil company has said.

World's energy systems vulnerable to climate impacts, report warns

Rising sea levels, extremes of weather and an increase in the frequency of droughts and floods will all play havoc with the world's energy systems as climate change takes hold, a new report has found.

Ukraine crisis: Russia halts gas supplies to Kiev

Ukraine says Russia has cut off all gas supplies, in a major escalation of a dispute between the two nations.

Energy firms given three-day switching deadline

Consumers will be able to switch energy suppliers in just three days by the end of the year under radical new switching rules unveiled by Ofgem today.

Crude Records Year’s Biggest Weekly Gain on Iraq Unrest

West Texas Intermediate and Brent crudes charted the biggest weekly gains this year as Islamist fighters extended their advance in Iraq, triggering concern of a return to civil war. Futures in New York climbed 4.1 percent this week while they added 4.4 percent in London.

Apparent pause in global warming blamed on 'lousy' data

A widely reported "pause" in global warming may be an artefact of scientists looking at the wrong data, says a climate scientist at the European Space Agency.

Fukushima Fires Up Atomic Industry’s Removal-of-Liability Drive

Japan will introduce legislation this year to ratify a controversial treaty backed by General Electric Co. and other atomic-plant manufacturers seeking protection from damage claims caused by nuclear accidents.

Chile's energy dilemma after ditching megaproject

Following the Chilean government's decision to scrap what would have been the biggest energy project in the country's history, the BBC's Gideon Long asks what Chile will now do for energy instead.

Iran to Increase Oil Output by 700,000 Barrels a Day

Iran is increasing oil production and can boost output by 700,000 barrels a day within two months if international sanctions on its economy are lifted, according to Oil Minister Bijan Namdar Zanganeh.

BP loses bid to freeze Gulf of Mexico spill payouts

The US Supreme Court has refused to allow BP to stop paying compensation claims while it awaits a review of its settlement with businesses over the 2010 Gulf of Mexico oil spill.

Why gas prices are needlessly expensive

If there’s any doubt that the summer driving season is upon us — despite the feeling that it snowed only two weeks ago — just look at the price at the pump.

The US carbon trading schemes that Australia's prime minister cannot see

Tony Abbott might be in for a bit of a surprise when he takes a business delegation to New York as part of his current overseas trip.

Russia-China Gas Pact Stirs Dream of Bridge Across Amur

In winter, Russian shoppers drive cars across the frozen Amur River to buy knock-off Nike sneakers from Wu Haiou’s stall in the Chinese city of Heihe.

Obama plan to reduce pollution will allow some states to increase emissions

Barack Obama's new power plant rules will still allow some states to increase their share of the carbon pollution that causes climate change, officials admitted for the first time on Wednesday.

OPEC Loses Price Power as Saudis Take Control

OPEC isn’t moving oil markets like it used to. As Saudi Arabia, the world’s largest oil exporter, has acted with more independence and crude prices stabilized, the group’s gatherings in Vienna to discuss output have lost potency.

World not moving fast enough on renewable energy, says IEA

The world is not moving fast enough on investment in low carbon energy to tackle climate change, new research from the International Energy Agency has found.

Britain's solar boom seen even bigger this year

(Reuters) - Britain's growth in solar capacity could be greater this year than last as firms snap up government subsidies for new large plants before they come to an end, said Foresight Group, a major British asset manager investing in the solar sector.

US unveils sharp curbs on coal power plants

The Obama administration has proposed strong new rules targeting coal-burning power plants in an effort to curb global warming.

Shale and non-Russian gas imports at heart of new EU energy strategy

Europe will need to tap more diverse sources of gas and develop more supplies of controversial shale gas within the continent, amid concerns over the Ukraine crisis, according to a new energy security strategy unveiled by the European commission on Wednesday.

Ukraine makes part payment on Russian gas debt

Ukraine has paid part of its gas debt to Russia after talks between both sides and the European Union, says EU Energy Commissioner Guenther Oettinger.