Oil surges over 3 percent on Gaza and gas row
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 declares British Energy bid unconditional
EDF said on Monday its Lake Acquisitions vehicle bidding for British Energy had declared its offer wholly unconditional.
Energy watchdog fines Npower for mis-selling
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.
EU conditionally clears EDF to buy British Energy
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.
LUKOIL seen to agree loan
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.
London energy meeting aims for oil price stability
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.
Shell pension underfunded
Royal Dutch Shell's Dutch pension fund has fallen into deficit as share market turmoil knocked 40 percent off the fund's value, forcing the oil major and employees to increase contributions.
Aggreko says year to top forecasts
Temporary power provider Aggreko guided higher on 2008 profit again and said on Friday while it was confident for the first-half next year, it was still taking a cautious stance.
Tullow makes new oil finds
Explorer Tullow Oil made new oil finds in Ghana and Uganda which it expects to boost reserves, it said on Thursday, lifting its shares more than 7 percent.
Oil steady under $44 after 3 percent rise overnight
Oil extended gains to trade above $44 a barrel on Thursday, after rising more than 3 percent overnight on signs that top oil exporter Saudi Arabia has slashed January supplies ahead of next week's OPEC meeting.
Oil rises as Saudi cuts supplies
Oil rose more than 3 percent on Wednesday on signs that OPEC kingpin Saudi Arabia has slashed supplies to customers for January as the economic crisis continues to slow demand.
RWE takes stake in planned carbon capture plant
Germany's RWE AG has a taken a controlling stake in a British carbon capture and storage (CCS) coal power project, its subsidiary said on Wednesday.
Oil jumps 7 pct as Saudi Arabia deepens cuts
Oil was steady below $44 on Tuesday, after breaking six straight session of losses with a 7 percent rally on Monday, fuelled by a jump in equity markets and signs of deepening cuts from key supplier Saudi Arabia.