Putin's Energy Giant Falls on Hard Times

Years of mismanagement and politically driven expansion are catching up to the Russian state-owned natural gas company Gazprom.

Fossil fuel subsidies 'killing UK's low-carbon future'

Britain is "shooting itself in the foot" by subsidising its coal, oil and gas industries by $4.2bn (£2.6bn) a year even as government reviews the "green levies" on energy bills which support energy efficiency and renewable power, according to a report published on Thursday.

Germans face hefty bill to end nuclear power

BERLIN (AP) — There were cheers around Germany when Chancellor Angela Merkel announced last year, in the wake of the Fukushima disaster in Japan, a swift end to nuclear power in favor of renewable energy sources like wind and solar.