Global greenhouse gas emissions are set to rise by nearly a third in the next two decades, putting hopes of curtailing dangerous climate change beyond reach, a new report by BP has found.
BP has won permission to drill in the clear waters off Greenland, just three and a half years after abandoning similar plans to apply for a licence in the aftermath of the Deepwater Horizon blowout.
Npower is to close offices and outsource work to India in a move that will see 1,460 UK staff lose their jobs at the energy supplier.
BP and Shell have been forced on the defensive by new allegations of price-rigging made in a US lawsuit brought by four oil traders.
Compare and contrast. In the euro area, falling energy prices are cited as one of the reasons why the annual inflation rate has dropped to a four-year low of 0.7%.
Royal Bank of Scotland has handed the City regulator messages sent by one of its former traders in the latest twist in an investigation into potential manipulation of currency rates.
The best part of Ed Miliband's new energy policy is the plan to abolish Ofgem.
BP is at the centre of one of the world's biggest gas sales agreements, worth up to $100bn (£62bn) over 25 years, after signing a deal to supply energy from a Caspian Sea project that could reduce Europe's reliance on Russian fossil fuels.