UK Government green goals face failure

Government plans to generate more than a third of Britain's electricity from green energy sources, such as wind and solar power, by 2020 are doomed to failure without a dramatic increase in state support.

UK energy secretary urges shift to low carbon economy

The UK cannot afford to allow any obstruction to the development and use of low carbon technologies, a minister has warned.

Three nuclear power sites bought

Three nuclear power sites have been bought by European energy firms, the Department of Energy and Climate Change (DECC) has said.

European carbon trading scheme will not cut power sector emissions, MPs told

The European carbon trading system is a 'failure' and will not help the UK to meet its emission reduction targets, electricity generator EDF warns a committee of UK MPs.

Oil falls below $51 as rally losses steam

Re-emerging doubt about global demand drove oil prices below $51 a barrel Tuesday.

Gas exports cushion blow of downturn, lower energy prices

Qatar inaugurated on Monday the first of four liquefied natural gas (LNG) plants due to start up this year, which should help the small state outpace the economic growth of Gulf Arab neighbours in 2009.

Nigeria oil militants kidnap Scot

Militants in Nigeria's Niger Delta region have kidnapped a Scottish oil worker and killed his police guard.

Drax profits fall 10% as demand for power wanes

Profits at Drax fell by 10% last year, partly due to a slump in power demand.

Decision on new coal-fired plant delayed again

Decisions about any new coal-fired power plants in the UK have been delayed until the autumn.

UK Government Proposes New Licensing Plan For Offshore Gas Storage

The U.K. government Thursday proposed a new licensing scheme which will open up to 200 miles around the U.K. coast for offshore gas storage and importation projects.

Recession threatens future oil and gas supply

The current global downturn is likely to threaten future global energy supply

Global demand for oil faces biggest contraction since 1982

Demand for oil will drop by 1.2 per cent this year, the biggest annual contraction since 1982, the International Energy Agency (IEA) warned yesterday.