Atomic energy is branded ‘a busted flush’ by Salmond
A FRESH war of words broke out last night between Holyrood and Westminster over whether Scotland can survive without nuclear power.
War of words over nuclear power north of the border
Scotland cannot rely on renewable energy alone, and must turn to nuclear power to safeguard future electricity production, Scottish Secretary Jim Murphy claimed yesterday.
£360m BG bid for Pure on the table
OIL and gas operator BG Group threw down the gauntlet to bid rivals yesterday with a £360million offer for Australian coal-seam gas producer Pure Energy.
BP feeling effects of falling oil demand despite £18.1bn haul
A bigger-than-expected hit from steeply falling oil prices at the end of last year has weighed on BP despite annual profits soaring 39% to a record £18.1billion.
Shell reports £335.7m quarterly deficit as crude prices bite
Royal Dutch Shell reported pre-tax losses of more than £300million yesterday in the final quarter of last year because of the impact of falling oil prices.
Centrica expands North Sea gas assets
ATTEMPTS by gas firm Centrica to reduce its exposure to volatile wholesale prices continued yesterday with a £22million UK North Sea acquisition.
US major makes find off coast of Rio
ExxonMobil says it has discovered oil in deep water off Rio de Janeiro, near massive fields that could hold as much as 80billion barrels, it was reported yesterday.
Russian gas starts flowing into Europe
Russian natural gas began flowing into Europe yesterday after a nearly two-week cut-off that left large parts of the continent shivering.
Hostages rescue mission ‘botched’
MILITANTS said yesterday the Nigerian military botched a rescue mission aimed at liberating two British hostages captive in the country's southern oil region.
Russia and Ukraine reach gas deal
Russia and Ukraine announced a deal yesterday to end the bitter dispute that has blocked Russian natural gas from Europe for nearly two weeks.
Putin urges European gas firms to pay to restore supplies
Russian Prime Minister Vladimir Putin last night urged Europe's gas companies to help pay to get supplies back on track.
Freezing European countries plead for Russian gas
The leaders of gas-starved European nations travelled to Ukraine and Russia yesterday pleading for supplies to be restored.
Gas deal is deadlocked by new row
A deal to get gas flowing again across the European Union was deadlocked last night in a new war of words between Russia and Ukraine.
British hostages ‘alive and well’ despite four-month ordeal
Two Britons who have been held hostage for four months are "alive and well" but will not be released until the leader of Nigeria's main militant group is freed, the organisation said yesterday.
Russian-Ukraine gas dispute stalemate
Europeans left freezing and in the dark saw their hopes for an end to the Russia-Ukraine gas dispute sink after officials failed to reach a deal which would restore power to millions of homes.
End in sight to crisis as Russia pledges to restore gas supplies
An end to the gas supply crisis in Europe appeared to be close last night after Russia vowed to restore full services once observers are in place to check flows through Ukraine.
Russia closes taps on gas to Europe
Russia shut off all gas supplies to Europe through Ukraine yesterday, leaving tens of thousands of people in more than a dozen countries without heat during a winter cold snap.
Gas row leads to threat of danger reactor reopening
One of the world's most dangerous nuclear power plants, mothballed after international protests, may be reopened because of the Russian gas row, it emerged yesterday.
Russia gas supply row escalates
Russia raised the stakes in its gas dispute with Ukraine last night - risking serious reductions in supplies to European Union countries.
Russian gas monopoly cuts off all supplies to Ukraine
Russian gas monopoly Gazprom said it cut all gas supplies to Ukraine yesterday after talks broke down over payments for past shipments and a price for 2009.
Oil price volatility likely to continue despite Opec moves
Motorists have had a rollercoaster ride at the petrol pump this year as oil prices careered to record levels before falling back.
Scots power ahead with renewables
A fifth of the electricity used in Scotland came from renewable sources last year, it was revealed yesterday.
French giant agrees to sell two UK power plants
British Energy (BE) buyer EDF said yesterday it would sell two power stations as part of a deal to gain European approval for its £12.5billion takeover.
Calls for energy firms to slash unfair prices now
Energy regulator Ofgem yesterday called for speedier action from suppliers to slash unfair pricing from energy bills.
Crude oil falls to lowest price for more than three years
Crude oil fell below $50 a barrel to its lowest level since March 2005 yesterday amid fears of a global downturn on demand.