Oil was steady above $48 on Tuesday after rising 5 percent overnight, as Israel's deepening incursion into Gaza and a spat between Russia and Ukraine over gas prices stoked fears of severe supply disruptions.
EDF said on Monday its Lake Acquisitions vehicle bidding for British Energy had declared its offer wholly unconditional.
The energy regulator said Monday it was fining the UK arm of German power group RWE 1.8 million pounds for failing to stop mis-selling of energy contracts.
French utility EDF won permission from EU competition authorities on Monday to buy nuclear operator British Energy, subject to various conditions, the European Commission said in a statement.
Russia's LUKOIL has agreed with banks on raising a major loan that will allow it to purchase a significant stake in Spanish energy major Repsol, government and industry sources told Reuters.
Energy ministers from the world's largest oil producers and consumers are likely to agree on the need for stable oil prices and better and more timely data on energy when they gather in London on Friday.
One water’s Duncan Goose is in the spotlight this month as Exec looks at the phenomenon of social entrepreneurship, which is replacing the cut and thrust of Nineties’ business ethos as the way forward.
Oil & Gas UK, the leading representative organisation for the UK offshore oil and gas industry, will be hosting a breakfast briefing in London on September 20.
The renewables revolution has been labelled “the biggest thing in building.” Is this true? Exec takes a look
Ranked at number two in The Sunday Times 2007 Fast Track 100 league, Oceanteam 2000 is undergoing enormous growth and is looking to consolidate in 2008.
Revolutionising safety sharing in the oil and gas industry, Step Change in Safety is holding its first ‘Safety Share Fair’ on April 16, 2008.
07 January 2009 10:25