Victoria to fast-track the construction of 50 new wind turbines worth $200m

The Victorian government has set itself against the Coalition government over renewable energy by fast-tracking plans to build 50 new wind turbines worth $200m.

Barrel of US crude drops below $40

NEW YORK (AP) — A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis.Friday's fall, to $39.86, was just the latest indicator of a vast shift in the energy landscape over the past year.

Japan switches on first nuclear reactor since Fukushima disaster

TOKYO — Japan switched on a nuclear reactor Tuesday on the southern island of Kyushu, marking a first, tentative return to nuclear energy after catastrophic meltdowns four years ago at the Fukushima plant.

'Tony Abbott’s hubris is staggering': UK's climate adviser on emissions target

Australia’s “pathetic” 2030 emissions reduction target shows the country has opted out of the global effort to limit warming, according to the head of the British government’s climate change advisory body.

Slip sliding oil and inflation data

Producer price inflation data, consumer sentiment and industrial production are on tap for Friday, but traders may be diverted more by other factors, such as whether oil continues to slide.

Fracking bids to be fast-tracked

Shale gas planning applications are to be fast-tracked under new government measures to crack down on councils that delay on making a decision.

Oil at $30 Is No Problem for Some Cost-Cutting Bakken Drillers

The lowest crude prices since 2009 might still not be enough to end the U.S. energy renaissance.