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.

Barack Obama names energy, environment and budget heads

US President Barack Obama has nominated new heads for the energy department and the Environmental Protection Agency, as he reshuffles his second term cabinet.

EU emissions data for 2012 to be released early April: Commission

LONDON: The European Commission will release preliminary emissions data for 2012 from firms operating under its emissions trading scheme (ETS) in early April and the exact date should be available in the next two weeks.

Rising costs drag oil and gas into factory age

LONDON/PERTH: Oil engineering consultant Steve earns 550,000 Australian dollars ($560,000) a year and is seeing new graduates signed up for six-figure salaries.

Workers taken off North Sea rig amid leak

More than 70 workers were taken off a North Sea oil platform on Saturday after a leak was detected.

Oil falls as spending cuts loom; pump prices dip

NEW YORK (AP) — Oil fell Friday to its lowest level of the year on worrisome economic developments in the world's two largest oil-consuming nations. The price of crude fell 1.5 percent and is down 6 percent in two weeks.

Post-Fukushima, Arguments for Nuclear Safety Bog Down

Alarms sounded and lights flashed as control panel dials at a nuclear power plant in upstate New York warned that the power for safety equipment was failing. The room went dark until the emergency lights kicked in.