Egypt signs $350 million in oil, power financing deals with Saudi Arabia

CAIRO: Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades.

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.

Two nuclear power stations could be out of action until December, says EDF

Two nuclear stations that play a vital role helping to keep Britain's already fragile electricity system intact could be out of action till the end of the year, EDF Energy said on Thursday.

Threats to energy companies risk 'the lights going out', warns Centrica chief

Centrica, the owner of British Gas, has warned that the intense political debate over gas and electricity prices has put Britain at risk of blackouts as soon as next year.

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.

Fracking to the rescue as US oil production hits 20-year high

Ministers have no 'plan B’ if new nuclear plants are not built and are “crossing their fingers” that private companies deliver on time and on budget, a committee of MPs warned on Monday.

Power shortage risks by 2015, Ofgem warns

Britain risks running out of energy generating capacity in the winter of 2015-16, according to the energy regulator Ofgem.

Two power plants to create 1,000 jobs in Yorkshire

Two new power stations are to be built in Yorkshire creating more than 1,000 jobs, the government has announced.