Centre for Global Energy Studies Says Closing After 24 Years

The Centre for Global Energy Studies, a consulting firm founded by a former Saudi Arabian oil minister, said it’s closing after 24 years.

BP rules out UK shale gas drilling – for now

BP has ruled itself out of drilling for shale gas in the UK, at least for now – indicating it fears its damaged safety record from the Gulf of Mexico spill would make it a target for protesters.

Fukushima Wash-Up Fears in U.S. Belie Radiation Risks: Energy

Seaborne radiation from Japan’s wrecked Fukushima nuclear plant will wash up on the West Coast of the U.S. this year.

Parched, California Cuts Off Tap to Agencies

LOS ANGELES — Responding to one of the worst droughts in California’s history, state officials announced on Friday that they would cut off the water to local agencies serving 25 million residents and about 750,000 acres of farmland.

Natural Gas Futures Drop on Outlook for Milder February Weather

Natural gas fell for a second day in New York as forecasts for milder weather in February signaled reduced demand for heating fuel.

Iran dismisses Barack Obama's claim that sanctions prompted nuclear talks

Iran has said comments in Barack Obama's State of the Union speech about how sanctions linked to its nuclear programme had forced Tehran to the negotiating table were "unrealistic and unconstructive".

Keystone Report Said Likely to Disappoint Foes on Climate

The U.S. State Department is preparing a report that will probably disappoint environmental groups and opponents of the Keystone pipeline, according to people who have been briefed on the draft of the document.