Oil down near $86 after Europe, China rate cuts

SINGAPORE (AP) — Oil fell to near $86 a barrel Friday in Asia amid doubts that Europe and China's interest rate cuts will be enough to halt an economic slowdown.

Japan nuclear disaster "clearly man-made," report says

TOKYO - Last year's crisis at the Fukushima nuclear plant was "a man-made disaster," and not only due to the tsunami, a Japanese parliamentary panel said in a report.

Oil and gas are the new African queens

When Royal Dutch Shell proposed a 195p-a-share, £992m offer for Mozambique-focused oil and gas explorer Cove Energy in February, many in the City regarded it as a “full” offer.

Offshore wind power cost 'could fall one-third by 2020'

The costs of offshore wind power generation could be brought down by one-third by the end of the decade, making this form of renewable energy commercially viable in the UK, according to new reports by the wind industry and government.

Oil slips on more signs of slowing economy

NEW YORK (Reuters) - Oil prices edged lower on Monday as weak manufacturing data from the United States, Europe and China reinforced concerns about slowing economic growth and its threat to demand for petroleum.

Government must resist new 'dash for gas', advisers say

The government needs to multiply investment in clean energy four-fold to avoid breaking laws on renewables and climate change, official advisers say.

BP considers Gazprom gas pipeline to UK

BP is considering building a pipeline to import Russian gas to the UK in tandem with state-controlled energy giant Gazprom.