Power storage group Alevo plan 1bn US battery plant

Could a long-vacant cigarette factory in North Carolina build the rechargeable battery that will unlock the future of the clean energy economy?

Cheaper oil gives Southeast Asia a chance to grow better, slash subsidies

(Reuters) - Rising risks of deflation in major economies have renewed worries about global growth, but sliding prices for oil and other commodities should boost most of Southeast Asia.

Shell Seeks 5 More Years for Arctic Oil Drilling Drive

Royal Dutch Shell Plc (RDSA) is asking the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push the start of drilling past the 2017 expiration of some leases.

Falling oil price puts BP’s profits at risk of 20% drop, say analysts

The dramatic effect of falling oil prices on profits in the energy sector will be underlined this week as BP unveils third quarter earnings that could be as much as 20% lower than the same period last year.

Centrica boss attacks ‘contradictory’ UK power policy

Sam Laidlaw, the chief executive of Centrica, has urged the government to reconsider its support for offshore wind and other costly low-carbon technologies because it will raise the cost for energy consumers at a time of lower wholesale power prices.

Crude Gives Back Gains; Saudi Oil Policy Seen Unchanged

West Texas Intermediate retreated from the biggest gain since September amid speculation a drop in Saudi Arabian oil supply to the market isn’t a signal for production cuts.

Ukraine and Russia reach gas 'consensus'

Ukraine and Russia have "found consensus" on a deal to end their gas dispute, according to the boss of Ukraine's state gas firm.

Japan's power failure: Bid to forge national grid stumbles

TOKYO (Reuters) - After the Fukushima disaster crippled Japan's nuclear energy sector three years ago, the government pledged the biggest shake up in the history of the fragmented electricity industry to boost competition and contain a surge in power prices.

Wind farms outstrip nuclear power

The UK's wind farms generated more power than its nuclear power stations on Tuesday, the National Grid says.

President Energy Surges After Finding Oil in Paraguay Basin

President Energy Plc (PPC) made Paraguay’s first major oil discovery in the Chaco basin, sending the U.K. explorer’s shares surging by the most in eight years.

Fossil fuel industry sustained by ‘toxic triangle’ that puts 400 million at risk

Political inertia, financial short-termism and vested fossil fuel interests have formed a “toxic triangle” that threatens to push up global temperatures, putting 400 million people at risk of hunger and drought by 2060, Oxfam said on Friday, a week before a European Union summit to finalise a new climate and energy policy framework.

Modi Eases Fuel Controls in Move to Revive India Economy

India scrapped controls on diesel prices and increased natural gas tariffs in Prime Minister Narendra Modi’s biggest steps toward curbing subsidies, spurring energy output and reviving the economy.

Fossil fuel divestment: climate change activists take aim at Australia's banks

Climate change activists will aim to give the big banks a $200m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests.

WTI Rises From Drop Below $80 as Goldman Disputes Glut

West Texas Intermediate crude held gains above $80 a barrel as Goldman Sachs Group Inc. said the market isn’t oversupplied. Brent was steady in London. Futures fluctuated in New York after rebounding 1.1 percent yesterday.

Russian gas shutdown would not cause blackouts, says European commission

A total shutdown of Russia’s gas supply to Europe will not cause blackouts this winter, the European commission said on Thursday, as Vladimir Putin warned of a potential repeat of 2008 when Russia turned off gas supplies to the Ukraine.

Wind power is cheapest energy, EU analysis finds

Onshore wind is cheaper than coal, gas or nuclear energy when the costs of ‘external’ factors like air quality, human toxicity and climate change are taken into account, according to an EU analysis.

Kuwait Joins Saudi View of No Immediate OPEC Supply Cuts

Two of OPEC’s biggest members say they won’t immediately reduce oil production to offset tumbling prices, a signal the group is unlikely to heed Venezuelan calls for an emergency meeting.

Iraq Follows Saudi Cuts as Brent Slides to 4-Year Low

Iraq will sell its Basrah Light crude to Asia at the biggest discount since January 2009 as it follows Saudi Arabia and Iran in cutting prices amid a slump in Brent futures to the lowest in almost four years.

Solar Could Be the Largest Source of Energy By 2050

Solar energy could be the world's largest source of power by 2050, providing more than a quarter of the Earth's energy, according to the International Energy Agency (IEA).

Big Six energy companies asked by Ofgem to reveal costs and profits

Ofgem, the energy watchdog, is launching a renewed transparency drive over the finances of the big six energy suppliers amid further concerns of profiteering.

China pollution levels hit 20 times safe limit

Days of heavy smog shrouding swathes of northern China pushed pollution to more than 20 times safe levels on Friday, despite government promises to tackle environmental blight.

EU approves Hinkley Point nuclear power station as costs raise by £8bn

The European commission on Wednesday gave Britain the green light for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years.

Investors wary as energy sector grows in high-yield bonds

NEW YORK, Oct 7 (IFR) - Energy companies have become a larger presence in the US high-yield bond market this year, relying on debt to fund capex as they expand exploration and production activity, but months of heavy issuance and weaker oil prices are taking their toll.

EU scraps plan to label tar sands oil as highly polluting

The European Commission on Tuesday proposed scrapping a mandatory requirement to label tar sands oil as highly polluting after years of industry opposition.

Chevron CEO's vision for US energy plan

Over the last 150 years, we've seen the greatest advancements in living standards in recorded history - advances enabled by affordable and reliable energy that have brought light, heat, mobility, modern communications and other benefits to billions of people around the world.

The nuclear industry still has its secrets

One of the nuclear industry’s promises for the future is that it will turn its back on its cold war past and be more open and transparent about its dealings.

Cramer: Oil decline obscured important discovery

With the sharp downturn in oil prices commanding headlines, Cramer thinks important stories have been pushed out, unfairly.

BP asks court to reconsider 'gross negligence' ruling

BP has asked a US court to reconsider its ruling of "gross negligence" over a 2010 oil spill in the Gulf of Mexico, which boosted its potential fines to around $18bn (£11.1bn).

Oil price hits two-year low after Saudi price cut

Global oil prices have fallen to their lowest level in more than two years after Saudi Arabia cut its official selling price.

Big six energy firms may lose quarter of customers by 2020, analysts warn

The big six energy suppliers are facing the loss of a quarter of their customers over the next six years, knocking £500m a year off their collective profits, City financial analysts have said.

After Fukushima, is it moral for Australia to sell uranium to India?

At the height of the Fukushima nuclear disaster in 2011, Japanese prime minister Nato Kan was faced with a decision: would he have to order the evacuation of Tokyo.