Global stock markets at risk from Black Swan spike in oil price

Global stock markets are at risk from a spike in oil prices which could derail the fragile economic recovery and lead to a major correction in share prices, warns Steen Jakobsen, chief economist at Saxo Bank.

Clegg blocks Cameron's plan for windfarm cap

Nick Clegg has blocked a proposal by David Cameron to restrict the construction of onshore windfarms, a Liberal Democrat source has said.

Energy crisis saps power from South African economy: experts

Port Elizabeth (South Africa) (AFP) - The South African economy, the biggest in Africa and a top emerging market, is being held back badly by a crisis at the sclerotic state-owned electricity provider Eskom, experts say.

Energy companies make concessions after 800,000 customers leave 'big six'

The scramble to win new energy customers amid growing complaints about the "big six" power companies intensified on Friday with an independent supplier cutting its prices and one of the large providers promising to pay back annual credit balances.

Wind of change sweeps through energy policy in the Caribbean

Aruba in the southern Caribbean has 107,000 people, a lot of wind and sun and, until very recently, one very big problem.

David Cameron: UK must accept the potential of fracking

David Cameron has insisted the UK should accept fracking, claiming the controversial method of extracting gas will attract "real public support" when the benefits are explained.

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.

US president Barack Obama’s sphinx-like energy policy, suits him just fine

US President Barack Obama's policy on energy and climate change remains inscrutable and full of strategic ambiguity, which probably suits him just fine.

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.

Analysis: Oil price rise raises specter of global recession

LONDON (Reuters) - A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared to the economic shock an Israeli attack on Iran would cause.

Energy prices 'to rise' with carbon floor pricing

Price comparison site uSwitch.com has warned that household energy bills could increase as floor prices are put in place for carbon emissions.

Outlined in the 2011 Budget, the pricing system is due to come into effect from April 2013 and aims "to drive investment in the low-carbon power sector".