Wednesday, October 31, 2012

BP Returns to Profitability and Raises Dividend

LONDON — BP returned to profitability with a better-than-expected third-quarter profit, prompting the oil giant to raise its dividend.

Tuesday, October 30, 2012

French supermarket uses Paris canals to reduce fuel costs

Franprix has become the first French supermarket to reinstate waterway deliveries to the heart of Paris, with the aim of bypassing traffic-choked roads and saving costs.

Monday, October 29, 2012

EDF to raise gas and electricity prices by 10.8%

EDF Energy customers will see a 10.8% rise in gas and electricity prices from 7 December, the company has announced.

Sunday, October 28, 2012

Solar islands floated as clean energy source for crowded continents

Global consultancy and certification firm DNV has unveiled designs for floating solar arrays that could rival offshore wind farms.

Saturday, October 27, 2012

Oil Set for Second Weekly Drop on Demand Outlook, Supply

Oil in New York rebounded after better-than-forecast U.S. economic figures fueled speculation that energy demand in the world’s largest crude user will increase. Futures rose as much as 0.3 percent after earlier dropping as much as 1.2 percent.

Friday, October 26, 2012

Good News Britain: North Sea tax break helps UK energy security

Industry body Oil & Gas UK on Talisman Energy's decision to invest £1.6bn in extending the life of fields in the North Sea.Oil & Gas UK is delighted to hear that the Government has approved Talisman's £1.6bn MonArb Area Redevelopment Project.

Thursday, October 25, 2012

Russia's energy giant Gazprom launches production at world's largest natural gas fields in Arctic

Russia's energy giant Gazprom launched production on Tuesday at one of the world's largest natural gas fields originally discovered some 40 years ago in the frozen and hitherto inaccessible Arctic.