Warmth grants are still available for Halton's vulnerable residents (From Runcorn and Widnes World)

THE npower health through warmth scheme, which helps homeowners in Runcorn and Widnes, is celebrating after installing over £4 million worth of heating and insulation measures across England and Wales during 2013. Many vulnerable residents in Halton have ...

British consumers face energy price hikes

Despite public disapproval and even an appearance in front of a Parliamentary select committee, UK Energy Supplier E.ON became the last of the Big Six energy giants -- SSE, E.ON, EDF, npower, Scottish Power and British Gas -- to bump up the price of fuel ...

UK government found ‘cheerleading’ for fracking industry

But Decc emailed UKOOG before a review by Public Health England of the health and environmental impact of fracking that the regulation was ... head of unconventional gas and oil at Decc: “Thanks for a productive meeting (it's like being ...

Hamper surprise for unhappy customer

A disgruntled npower customer has been left flabbergasted by the generosity of his electrical power supplier following a complaint about recent price hikes. Geoff Lambourne, of Wainfleet St Mary, wrote to the company expressing his indignation over the ...

Clifton's abandoned British Gas scheme investigated

The government has said it will investigate why British Gas abandoned a scheme offering free or subsidised insulation to homes in Nottingham. About 2,000 people living in council-owned and privately-owned properties in Clifton had signed up to ...

President SCCI for judicious use of EDF

Talking to reporters on Friday evening he was of the view that the accumulated amount in the Fund is being used for several development projects in the country; whereas it should be utilized only for the development of Export Sector. He further added that ...

Questions of Cash: Scottish Power owed me money but I couldn't get the message through

Out of pocket on car sale after auto trader ad mix-up Q . I put my car up for sale in Auto Trader. It should have been listed as a Volkswagen Golf V5, but instead the website generated a listing for a Golf Sport TDI DPF Diesel. I did not choose this.

Natural-Gas Futures Slide, But Post Gain for the Week

NEW YORK--Natural-gas futures slid Friday but ended higher for the week as traders closed out their bets on higher prices following a record-high storage withdrawal. Natural gas for February delivery settled down 5.6 cents, or 1.3%, at $4.326 a ...

FOI release: Email contact with EdF

By HM Government

Request for information on email contact between EdF and the Secretary of State for Energy and Climate Change or his office/team between 4th and 17th November 2013.

UK's shale gas reserves enough for next 50 years

Experts have said that the shale gas reserves in the UK might be enough for oil firms to extract during the coming five years. David Cameron has that that the new carbon capture technology will allow the country to exploit the vast reserves of shale gas ...

Corporate report: Second progress report on the promotion and use of energy from renewable sources for the United Kingdom

By HM Government

Member States are required under Article 22 of the Renewable Energy Directive to submit progress reports to the European Commission every two years on performance against their interim renewable energy targets. The UK's first progress report was submitted in 2011 and focused on developments in 2009 and 2010.

This second report covers performance against the 2011/2012 interim target. It follows a template provided by the Commission and pulls together a range of statistical data for 2011 and 2012, including data on renewable energy generation and consumption broken down between renewable electricity, heat and transport sectors, biomass use, land use, commodity prices and greenhouse gas savings. It also provides brief updates on the various policy measures and financial incentives in place to drive and unlock barriers to renewable deployment.

The report shows that:

• 
  

  The UK is making very good progress. In 2012 we exceeded the amount of renewable energy required by our 2011/12 interim target, reaching 4.2% of total energy compared with a target of 4.04%. This is up from 3.8% in 2011 and when averaged across 2011 and 2012 - as required under the Renewable Energy Directive methodology - we achieved 4.0%, which is within the margin of error around the estimate

  
  


• 
  

  DECC's latest estimates suggest that the UK is currently on course to meet its next interim renewable energy target of 5.4% for 2013/2014

  
  


• 
  

  Renewable electricity generation increased by 23% from 32.7 TWh in 2011 to around 40.2 TWh in 2012, and renewable heat by 7% from 13. 9 TWh to 14.8TWh over the same period. This strong growth is continuing, and the renewable share of electricity reached a record 15.5% in the second quarter of 2013.

  
  


• 
  

  Renewable electricity capacity increased by 27% from 12.2GW to 15.5GW between the end of 2011 and 2012 with strong growth in the onshore and offshore wind and solar sectors. Again this upward trend is continuing, and we reached 19.5GW installed renewable electricity capacity by the end of the second quarter of 2013.

  
  


• 
  

  The proportion of renewable energy used in transport increased from 2.7% in 2011 to 3.7% in 2012. This increase was a result of the introduction of double counting from December 2011 which provided further support for the most sustainable biofuels derived from wastes. As these fuels count twice towards the Renewable Energy Directive target for transport and under the UK Renewable Transport Fuel Obligation (RTFO), suppliers were able to meet their obligations with less fuel and therefore the absolute amount of transport biofuels consumed in the UK reduced from 11.3TWh in 2011 to 10.3 TWh in 2012.

  
  


• 
  

  With recent government announcements confirming the long term strike prices for renewable electricity under the Electricity Market Reform, increases to some tariffs under the Renewable Heat Incentive, and work to unlock barriers, we have put in place a robust suite of financial and other measures from which to continue to ramp up deployment to 2020.

  
  

EDF goes long with €9bn blockbuster

EDF stormed the bond market last week, selling more than €9bn-equivalent of hybrid and senior bonds across three currencies with tenors stretching up to 100 years – in the process blazing a trail for others eyeing similar multi-billion transactions.

EU and Russia fail to bridge Gazprom gap

The Russian energy ministry issued only a brief statement after Friday's negotiations saying the two sides had "agreed to create a working group for discussing all legal and technical issues related to the South Stream project." The complex details of the ...

Emails reveal UK helping shale gas industry manage fracking opposition

Shale gas industry executives and government officials collaborated in private to manage the British public's hostility to fracking, emails released under freedom of information rules reveal. Officials shared "lines to take" with the industry ...

Nat gas should stay cheap—for long time: Study

"We now have knowledge and comfort that we have an incredible resource base—technically recoverable resources of 3,000 trillion cubic feet," said ... for $4 or less." Natural gas futures were trading Friday at $4.34 per million Btu on the Nymex.

SSE’s Bhlaraidh windfarm granted planning consent

The proposed 108MW, 32 turbine windfarm, will be located on the Glenmoriston Estate to the north west of Invermoriston, in the Great Glen. Colin Nicol, director of onshore renewables, said: “During this period, SSE will be engaging with local people.

EDF : completes its series of bond issuances launched earlier this week with a 100-year bond in sterling

EDF (A+ S&P / Aa3 Moody's / A+ Fitch) has today successfully priced a 100-year £1.35 billion bond issuance in sterling, closing the series of issuances launched earlier this week, which included the multi-currency hybrid bond and senior dollars bond ...

Subsidiary of energy giant RWE Npower to cut renewables investment

A subsidiary of energy firm ... instead of being a direct investor. “RWE used to be a company that pretty much wanted to own 100% of everything we were involved in”, he said. “We need to find ways of making our money go further which ...

SSE Stock Rating Lowered by Barclays (SSE)

The stock currently has a consensus rating of “Hold” and a ... Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts ...

ArmRosGazprom renamed Gazprom Armenia

Newly established Sky Net airline is expected to operate its first flight in mid-March, to Tbilisi, Batumi and Tabriz. Relations between the US and Germany are now even worse than they were a decade ago when the US invaded Iraq, an ally of Chancellor ...

UPDATE 2: EDF opens books on 100-year sterling bond

Updates with deal size. For full real-time bond market news see www.ifrmarkets.com ) A banker on the deal said that EdF will print £1.35bn of the bonds in the transaction, which will have a longer tenor than the company has existed. It follows on from ...

Woodside seals LNG export deal with British Columbia government

Woodside Petroleum has moved ahead with initial plans for a liquefied natural gas export project on Canada's Pacific coast, reaching an agreement with the provincial British Columbia government on a site for the venture. Under the accord, announced ...

SSE Wins Approval for $273 Million Scottish Highlands Wind Farm

SSE Plc (SSE) won approval to build a 166 million-pound ($273 million) wind farm in Scotland as ... s venture near Invermoriston could power about 50,900 homes, it said. Scotland plans to get all of its electricity from renewable sources by ...

SSE Scottish Senior Open returns for 2014

Fairmont St Andrews will welcome some of the biggest stars of days gone by when it stages the SSE Scottish Senior Open for the sixth successive year. The event, one of the most prestigious on the European Senior Tour, will take place on the resort's ...

UPDATE: EDF opens books on 100-year sterling bond

Electricite de France will test just how currency-agnostic investors' demand for spread has become in a world of rock-bottom yields when it sells the first ever sterling century bond later on Friday. ( Updates with details and background. For full real ...

SSE Scottish Senior Open returns to Fairmont

The SSE Scottish Senior Open will return to the stunning Fairmont St Andrews for the sixth consecutive year from August 15-17, when Santiago Luna will defend the title he claimed in dramatic circumstances. The sublime Torrance Championship Course has ...

EDF Marketing 100-Year Bonds After Raising $10 Billion This Week

Electricite de France SA is selling the first 100-year bonds in Europe in almost three years after borrowing $10.2 billion in global fundraising this week. The world's biggest operator of nuclear reactors is marketing the notes in pounds to ...

Npower boss who helped German energy giant avoid paying millions of pounds in tax takes new job... as Government tax adviser

A top businessman who helped the German owners of Npower avoid paying millions of pounds of tax is now advising ... HMRC given his role in helping RWE with tax avoidance at a time when energy bills have been soaring. Official figures released ...

Proximity wins SSE CRM account

SSE confirmed Proximity had been awarded the business, after a review began in August last year. MRM Meteorite was knocked out after the first pitch, and Rapp was also involved at an earlier stage, but subsequently pulled out. SSE does not have an ...

SSE all clear on 108MW Bhlaraidh

SSE has been given the all clear to build the up to 108MW Bhlaraidh wind farm to the north of the Great Glen in the Scottish Highlands. The Scottish government granted permission for the Section 36 plans for 32 turbines around 4km northwest of ...

Gas and electricity supplier cuts investments in green energy

The big six supplier has announced plans to sell its stake in a number of renewable projects including windfarms, and part of a biomass energy plant. According to The Guardian, npower's staff, as well as local councils, are going to be offered ...

EDF sells first 100 year sterling bond - will others follow?

Not content with issuing €7.5bn of dollar senior and tri-currency hybrid capital this week in a dashing sale already being tipped as deal of the year, Electricité de France came back today for the most spectacular coup of all – a 100 year sterling bond...

Rugby Union: Richmond wants officials to tame the Lions

Sheffield Tigers director of rugby Dan Richmond is hoping for strong officiating when the forward power of Leicester Lions comes to Dore Moor tomorrow. Despite four losses in their last five SSE National League Two North fixtures, the Tigers clinched ...

BG Group to begin Honduras oil, gas exploration with $20 mln investment

TEGUCIGALPA, Jan 16 (Reuters) - British oil and gas company BG Group will soon begin oil and gas exploration on Honduras's Atlantic coast with an initial investment of at least $20 million, a company executive said on Thursday. Honduran authorities plan to ...

Fuel liquefied natural gas operations in B.C. with renewable electric energy: report

VICTORIA — Oil and gas companies planning to develop liquefied natural gas operations in British Columbia should be forced — or strongly encouraged — by the provincial government to run their plants with renewable electric energy instead ...

British Gas's record profits ignite fury

There are fresh calls for a Competition Commission inquiry into the energy market after the UK's largest energy supplier announced record profits, two months after it raised prices during one of the coldest winters on record. British Gas, which operates as ...

SSE apologises after £10.5m fine

SSE provided "misleading and unsubstantiated statements" to potential customers about prices and savings that could be made by switching to SSE, according to Ofgem. Management at SSE - one of Britain's "big six" energy suppliers - failed to pay enough ...

Fat cat who helped Npower avoid MILLIONS of pounds of tax lands top Inland Revenue job

Former boss Volker Beckers ran an avoidance operation in Malta meaning the firm paid no corporation tax in the UK for four years while energy bills soared by 55% Giving advice: Volker Beckers is on board of HRMC A fatcat who helped energy firm Npower's ...

Drax Group Stock Rating Reaffirmed by Barclays (DRX)

Barclays restated their overweight rating on shares of Drax Group (LON:DRX) in a report released on Wednesday, AR Network reports. Barclays currently has a GBX 915 ($15.08) price objective ... One analyst has rated the stock with a sell rating, three ...

Correspondence: Response to Radiation Free Lakeland campaign about about geological dumping of nuclear waste in Cumbria

By HM Government

Thank you for your letters, delivered to my Department on 3 December 2013.

I appreciate your passion for and loyalty to Cumbria and, whilst I also appreciate your position on the implementation of a geological disposal facility (GDF), I would like to reassure you that our revised proposals for finding a site to host a GDF are not directed at one location. My department is currently considering responses to a consultation on the process for finding a GDF. This was a national consultation with a truly national set of proposals.

The UK government is committed to geological disposal as the safest and most effective option for managing the UK's legacy of higher activity radioactive waste. It is vital that we find a long-term solution for the waste generated from more than 50 years of nuclear power generation. But we do not have a specific site in mind for this facility; indeed we are committed to working in partnership with any communities nationwide that might ultimately host a facility.

The current proposals, if they are subsequently implemented, would aim to enable potential host communities from across the country to come forward and find out more about what a GDF could mean for their area. We also want a process that is fair, transparent and appealing to communities nationwide, and one that involves local support for the development as well as a fully robust safety case.

More generally, the Government's stated aim to invest now in building a diverse, low carbon and efficient energy mix includes new nuclear power stations. Alongside renewables and clean oil and gas, nuclear energy is essential if we are to achieve an 80% reduction in greenhouse gas emissions by 2050. Developers of new nuclear power stations must have robust and responsible plans in place for waste disposal. We are
satisfied that geological disposal is technically achievable, that a suitable site can be identified and that secure interim storage arrangements will be available until a GDF is ready.

Finally, I will ensure that your letters are considered as part of the consultation analysis and I thank you again for taking the time to write to me.

Kind regards

Edward Davey

Nigeria: FEC Approves N1.9 Billion for Onitsha-New Haven Power Transmission Project

The Federal Executive Council (FEC) yesterday approved the sum of N1.9 billion for the supply of 746-kilometer of Aluminium Conductor Composite Core Reinforced (ACCR) for the re-conduction of the Onitsha-New Haven 330kv transmission line. The approval was ...

Natural-Gas Futures Rise on Record Storage Withdrawal

NEW YORK--Natural-gas futures pared earlier gains, but finished higher Thursday after government data showed that supplies of the heating fuel fell by a record amount last week on frigid temperatures. Natural gas for February delivery climbed 5 ...

Verizon Communications Inc. : EDF Fellowship Bringing Big Splash with Water Reduction

Verizon looks forward to working with EDF this coming summer ... 1d ago VERIZON COMMUNICATIONS INC.: Voices for Internet Freedom Calls on the FCC to Ta.. 2d ago VERIZON COMMUNICATIONS INC.: Open Internet Ruling: No Change for Consumers' Abi..

British Columbia Gives Approval to Australia's Woodside for LNG Terminal

CALGARY-British Columbia said Thursday it has awarded Australian energy company Woodside Petroleum Ltd. (WPL.AU, WOPEY) exclusive rights to proceed with a proposed liquefied natural gas terminal at an undeveloped site on Canada's Pacific coast.

Research and analysis: Green Deal assessments research: Full Report

By HM Government

The Department of Energy and Climate Change commissioned GfK NOP to conduct three surveys on samples of households who have had a Green Deal Assessment in order to find out more about the experience, and what households have done and plan to do since having the assessment.

Big Six energy provider RWE halves investment in renewables

RWE, whose npower retail arm is one of the UK's big six power suppliers, has already shelved what would have been one of the world's largest offshore wind farms, the Atlantic Array, among other businesses. Paul Coffey, the chief operating ...

Guidance: Illustrative draft of the Renewables Obligation (Amendment) Order 2014

By HM Government

Reflecting the decisions in the Government Response to the consultation on proposals to enhance the sustainability criteria for the use of biomass feedstocks under the Renewables Obligation (RO), Ofgem is updating its “Guidance to Generators” on biomass sustainability reporting.
Ofgem would like to share the updated draft guidance with stakeholders for comments, well ahead of the proposed implementation date of 1st April for the changes. We have therefore published this illustrative draft of the regulations to enact these changes to enable stakeholders to comment on the Ofgem guidelines more effectively.
This is provided for information only.

Natural Gas Advances as Eastern Cold Push to Boost Fuel Demand

Natural gas for February delivery rose 16 cents, or 3.7 percent, to $4.485 per million British thermal units at 12:05 p.m. on the New York Mercantile Exchange. Futures rose to $4.495, the highest intraday price since Dec. 23. Volume was more ...

EDF's wows market with EUR7.46bn-equivalent issuance fest

"It's obvious that the cost of funding is simply incredibly favourable at the moment and we are taking advantage of that," said Piquemal ... owned by the French government," one London-based investor said. "The hybrid is much more attractive ...

EDF's wows market with €7.46bn-equivalent issuance fest

EDF stormed the market this week, selling almost €7.5bn-equivalent of hybrid and senior bonds across three currencies to ravenous investors, blazing a trail for others eyeing similar multi-billion transactions. The majority state-owned utility revealed ...

The Hidden Nasty In Centrica PLC’s Latest Results

Centrica's results back this up — the average gas consumption per British Gas customer in 2012 was 10% lower than in 2008. However, falling consumption hasn't been reflected in customers' bills — Centrica's revenue from residential ...

Npower rapped over complaints figures (From Worcester News)

"Good customer service and complaints handling are key ingredients to ... followed by Scottish Power at 46.2, British Gas at 55, Eon at 61.8 and EDF Energy at 74.2. Last year the company introduced a new billing system, which led to problems for a number ...

Npower on top of customer complaints list

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT Loans4 and Mortgages4 are the trading names of Loans4 Limited - Registered Office: 111/113 High Street, Evesham, Worcs, WR11 4XP

3 FTSE Shares Going Ex-Dividend: SSE PLC, Compass Group plc and Pennon Group plc

But so far this week the index of top UK shares is up 76 points to 6,816. But in addition to share price gains, dividends form a significant part of FTSE 100 returns ... this information click here. All information provided is governed ...

Gas price up on colder weather, risk of Dutch production cap

Traders said that the price rises were a result of a colder weather outlook for the rest of the week and because of the risk of a cap on the Groningen gas field. "The Dutch cabinet will discuss future production plans for the Groningen gas field tomorrow.

Npower records highest number of customer complaints

Npower has become the worst company among the leading energy firms in the UK as it received the highest number of customer complaints. The energy provider received a whooping eight times more negative feedback than its nearest competitor in the country.

EDF - $4.7bn multi-tranche senior issue on the US bond market

ENP Newswire - 16 January 2014 Release date- 15012014 - EDF has successfully priced a $4.7 billion senior bond issue in 5 tranches. $750 million , at floating rate with a 3-year maturity $1 billion , with a 3-year maturity and a fixed coupon of ...

Open consultation: Electricity Market Reform: allocation of Contracts for Difference

By HM Government

The consultation confirms policy positions previously set out in the Electricity Market Reform (EMR) October consultation document and in the EMR Delivery Plan, published on 19 December 2013, that government is minded to progress to immediate competition for established technologies and intends to undertake further stakeholder engagement on this approach in January 2014.

The consultation will run for four weeks.

FEC Approves N1.9bn for Onitsha-New Haven Power Transmission Project

The Federal Executive Council (FEC) yesterday approved the sum of N1.9 billion for the supply of 746-kilometer of Aluminium Conductor Composite Core Reinforced (ACCR) for the re-conduction of the Onitsha-New Haven 330kv transmission line. The approval was ...

Natural Gas Futures Decline From Two-Week High on Mild Weather

Natural gas futures declined from a two-week high in New York on forecasts for milder weather that would limit demand for the heating fuel. Natural gas for February delivery fell 4.4 cents to settle at $4.325 per million British thermal units on ...

FOI release: Correspondence and meetings between the Office of Unconventional Gas and Oil, UKOOG, Centrica and IGas

By HM Government

Request for information on correspondence and meetings between the Office of Unconventional Gas and Oil, UKOOG, Centrica and IGas.

SSE gets nod for 108MW Bhlaraidh

SSE has won consent from the Scottish government for its Bhlaraidh wind farm in the Scottish Highlands, which would become one of the UK's largest onshore wind farms if built to its full capacity. The project is approved for up to 32 turbines and 108MW ...

Bristol VMD roll out seven new fire-fighting & emergency response vehicles for Gazprom Neft Badra BV

Pressbox (Press Release) - Bristol Vehicles Manufacturing Division (Bristol VMD), a subsidiary of the Concorde – Corodex Group and M.H. Al Mana Group of Companies (CCG), has revealed the roll out of seven new fire ... 19 to 21, 2014 at Dubai ...

Energy giants' claims that 5pc is a 'fair' profit margin challenged by City analyst

Britain's Big Six energy firms have repeatedly defended their profits in the face of political and consumer anger. Centrica's British Gas household supply business typically makes a 5pc margin after tax, or nearly 7pc pre-tax, while the other ...

Total Prepares for $50m Investment in British Shale

Total acquired a 40% stake in two shale gas exploration and production licenses in the Gainsborough Trough in central England, making it the second French company to invest in British shale potential, while hydraulic fracking remains banned in ...

FOI release: Gifts made to DECC by foreign governments

By HM Government

FOI requesting information on gifts made to the Department of Energy and Climate Change (DECC) by foreign governments. Specifically, how much DECC had spent on repairs, renovations or maintenance of gifts made by foreign governments in each year 2010-11; 2011-12 and 2012-13.

FOI release: Subsidiaries to Improwise Ltd

By HM Government

FOI request asking:

• how much money (broken down by each individual payment) has been paid by DECC and its subsidiaries to Improwise Ltd in each of the financial years 2010 - to-date and


• details of any bookings that DECC and its subsidiaries may have with Improwise Ltd. but not yet paid for


• a description of the services provided by Improwise Ltd. in return for any payments or bookings including:
  
  • the title of each of the courses provided/planned
  
  
  • the details of venues used or planned to deliver the course, and the cost of the use of the venue.
  
  

EDF : prices ?4 billion multi-currency follow-on hybrid bonds

Following yesterday's announcement of a $4.7 billion senior bonds offering, EDF (A+ S&P / Aa3 Moody's / A+ Fitch) has successfully raised a c.4.0 billion euros equivalent hybrid bond issuance in four tranches and three currencies, rolling out the second ...

UK: EDF Energy Reappoints Carlson Wagonlit Travel to Manage Global Travel Program

EDF Energy has reappointed Carlson Wagonlit Travel (CWT) to manage its Global Travel Program for the next four years, following an extensive RFP process. The new contract will see CWT continue to manage travel for the energy supplier in France, Belgium ...

EDF advances 105MW Stoneray

EDF Renewable Energy's 105MW Stoneray wind project in Minnesota is a few steps closer to regulatory approval. The state Public Utilities Commission has issued a draft site permit for the up to 62-turbine scheme. The commission also denied a request by ...

Northern Alexandria Gas Project begins production in 2016: Head of EGAS

EGAS began negotiating plans with BP and British Gas Group (BG) that involve linking the Northern Alexandria Gas Project to the Al-Borlos Treatment Plant. The Northern Alexandria Gas Project, which is affiliated with British Petroleum (BP), will ...

Npower receives most complaints

Npower has continued to receive the highest number of complaints among energy suppliers - around eight times more than the best performing company, figures show. Consumer Futures said Npower received 253.1 complaints per 100,000 customers ...

Must-know: Why natural gas prices fell 6% last week

The chart below shows natural gas prices plotted against CHK's and KWK's stock prices over time on a percentage ... and KWK), and the U.S. Natural Gas Fund ETF (UNG). Investors with such holdings find it prudent to track the price of natural ...

Npower Says Sorry As Bill Complaints Soar

One of the 'big six' energy suppliers, npower, has told Sky News it has let many of its customers down amid a rising tide of complaints to regulators and charities. Information compiled by the watchdog Consumer Futures found that the company continued to ...

UK GAS-Mild weather saps demand and prices

LONDON, Jan 15 (Reuters) - British gas prices fell on Wednesday as milder weather weighed on demand and the transmission network was comfortably supplied despite lower imports from Europe and Norway. Gas for delivery on Thursday was trading 0.20 pence ...

RWE AG : Npower Says Sorry As Bill Complaints Soar

Information compiled by the watchdog Consumer Futures found that the company continued to receive the highest number of complaints between July and September - around eight times more than the best-performing firm, SSE. Its data suggested npower collected ...

BNP Paribas Increases Drax Group Price Target to GBX 950 (DRX)

Drax Group plc is the holding company of the Drax group of companies. The Company is engaged in the generation and sale of electricity and by-products of the electricity generation process at Drax Power Station, Selby, North Yorkshire and the sale of ...

Broker snap: Barclays downgrades Centrica and SSE

With margins under pressure, we now forecast EPS 8% below consensus for SSE by March 2016 expectations, and 19% below consensus for Centrica by 2015. ‘If the next government does freeze retail prices, we forecast consensus EPS downgrades of up to 22% and ...

Npower announces a 2.6pc cut in its bills

and will be the last to announce a price cut. The move follows the government's decision to change the green levies on bills. British Gas, SSE and now Npower are passing the benefit on to its customers with fixed rates and standard variable rates.

SSE PLC : Warm Home Discount to help 350,000 customers

Around 350,000 customers will benefit from this year's Warm Home Discount (WHD) scheme which enables pensioners and vulnerable customers to receive financial help with their winter fuel bills. SSE will spend £50 million this year helping vulnerable ...

Market overview: Barclays lowers price targets on Centrica and SSE

1124: Analysts at Barclays have today downgraded their view on the shares of both Centrica and SSE to ‘underweight'. They explain to clients that: ‘Centrica and SSE now face a UK energy supply margin squeeze regardless of the outcome of the next ...

British Gas reacts to Ofgem's white label loophole with single cheapest tariff across brands

British Gas is preparing to make a formal announcement tomorrow (16 January) that British Gas customers will be offered the cheapest tariff on Sainsbury's Energy, a white label brand it set up in partnership with Sainsbury's. Yesterday morning ...

Npower still No. 1 for energy complaints

Npower continues to receive the most complaints of any energy provider, following a long-running customer service meltdown caused by the introduction of new billing systems. Figures from Consumer Futures, the watchdog, indicate that the supplier received ...

npower still top of the complaints charts

Research carried out by Consumer Futures has revealed that the German-owned energy company received 253 complaints per 100,000 customers between July and September 2013. This represents a 25% rise in complaints for npower, since the last study ...

Npower most complained about Big Six supplier

SSE was the least complained about energy company, with 32.3 complaints per 100,000 customers, followed by Scottish Power (46.2), British Gas (55), E.ON (61.8) and EDF Energy (74.2). Audrey Gallacher, director of energy at Consumer Futures, said ...

Npower named worst British supplier as complaints soar

Pic: Getty Npower has been named the worst British energy supplier for customer service, with complaints soaring by 25 per cent compared to last year. The German-owned energy giant confirmed its unenviable status of Britain's worst supplier after failing ...

Npower stays bottom of complaints league amid billing problems

With or without fracking, decarbonisation is the best bet for Britain Ofwat to set up new company in preparation for retail competition Npower stays bottom of complaints league amid billing problems HomeServe faces £49 million fine for mis-selling George ...

SSE Lowered to “Underweight” at Barclays (SSE)

SSE (LON:SSE) was downgraded by investment analysts at Barclays to an “underweight” rating in a note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 1,810 ($29.83) price objective on the stock, up from ...

Download result SSE (10th Class) Annual 2013 Regular, Jammu, Winter Zone

The Jammu and Kashmir State Board of School Education (JKBOSE) has published the SSE (10th Class) Annual 2013 Regular, Jammu, Winter Zone on Wednesday. Students can visit the official website of Jammu and Kashmir State Board of School Education (JKBOSE) i ...

Open consultation: EMR Consultation on industry code and licence modifications

By HM Government

The Government is seeking views on the consequential industry code and licence modifications required as a result of the implementation of Electricity Market Reform. The change documents attached to this consultation document set out drafts of the amendments considered to enable the effective delivery of EMR.

To implement EMR legislation successfully, once agreed by Parliament and in force, these changes will need to be integrated within the appropriate existing industry codes, licences and other documents. This includes industry licences, controlled by the Authority, Ofgem, which allow a licensee to take part in or carry out activities within the electricity sector such as transmission, distribution, interconnection, generation and supply.

Industry codes of practice will also require updating as these underpin the electricity markets, and licensees are required to maintain, become a party to, and/or comply with such codes in accordance with the conditions of their licence.

This consultation will close on 13 February 2014, with the intention for final modifications to come into force at the same time as the implementing legislation for EMR (Summer 2014).

Npower still worst for customer complaints

Npower continues to receive the largest number of customer complaints, according to new figures from Consumer Futures. The data showed that npower received 253 complaints per 100,000 customers between July and September last year, around eight ...

Europe Power Prices Plunge as Most EDF Reactors Online Since ’11

Electricity prices in Europe's biggest economies fell to a record as Electricite de France SA, the world's biggest nuclear generator, kept more reactors online than at any time in past three years. EDF, based in Paris, is operating 57 of its ...

Npower ranks top for moans: Customer complaints against energy giant soar 25%

The figures are compiled by the official customer body, Consumer Focus. Its director of energy services, Audrey Gallacher, described Npower's performance as ‘very disappointing'. She said: ‘While Npower has acknowledged and apologised ...

Worst of a bad bunch: Npower is Britain’s most hated energy supplier

Least favourite after npower was EDF, then E.ON, British Gas and Scottish Power. Audrey Gallacher from Consumer Futures said npower's track record was “very disappointing”. Roger Hattam, director of domestic retail business at npower, said ...

Along with new EDF Climate Corps hosts, new project offerings in 2014

Environmental Defense Fund unveiled today the first group of participating organizations to sign on for EDF Climate Corps 2014, along with a revamped list of smart energy management offerings the program will provide for them. New host ...

Open consultation: Proposal to amend the information to be included in section 77A statements relating to Green Deal consumer credit agreements

By HM Government

This consultation proposes to make a few specific amendments to the Consumer Credit (Information Requirements and Duration of Licences and Charges) Regulations 2007 to provide confidence to Green Deal providers that they can issue section 77A statements that are compliant with the requirements set out in these Regulations.

EDF, GDF Suez to invest in nuclear power plant in Belgium

EDF and GDF Suez will jointly invest 600 million euros ($819.2 million) in the Tihange 1 nuclear power project in Belgium, according to Economic Times. The project will expand the life of the reactor as part of an overall upgrade project. The Belgian ...

Statement to Parliament: Results of the Committee on Climate Change Triennial Review

By HM Government

On 4 February 2013 as Minister for Energy and Climate Change I announced in Parliament through a Written Ministerial Statement commencement of the Triennial Review of the Committee on Climate Change and its Adaptation Sub-Committee (the Committee). I am now pleased to announce the completion of the Review.

The Committee was established under the 2008 Climate Change Act (32(1)) and is responsible for providing the government with:

• Advice on the level of the 2050 target (Section 33)


• Advice in connection with carbon budgets (Section 34)


• Advice on emissions from international aviation and shipping (Section 35); and


• Reports on progress (i.e. UK progress towards meeting its climate change targets) (Section 36).

The Review concludes that the functions performed by the Committee are still required and that it should be retained as an NDPB. The Review also looked at the Governance arrangements for the Committee in line with guidance on good corporate governance set out by the Cabinet Office. The report makes a number of recommendations in this respect which we expect will be implemented shortly.

The full report of the review of the Committee can be found on the GOV.UK website and copies have been placed in the Libraries of both Houses.

Corporate report: Triennial Review of the Committee On Climate Change

By HM Government

Report setting out the findings of the 2013 Triennial Review of the Committee on Climate Change (CCC) and its sub-committee, the Adaptation Sub-Committee (ASC). It describes the purpose of Triennial Reviews and the processes adopted by the Review Team for the CCC. It presents the findings of the review based on feedback from stakeholders. The report, based on the evidence gathered, concludes the future of the CCC and recommends ways in which the Committee could improve the way it operates in order to enhance the delivery of its functions.

SSE Rating Lowered to Neutral at BNP Paribas (SSE)

BNP Paribas downgraded shares of SSE (LON:SSE) to a neutral rating in a research note released on Monday morning, American Banking & Market News reports. They currently have GBX 1,420 ($23.40) target price on the stock, down from their previous target ...

New gas price mechanism to to boost profits of ONGC, RIL: Standard & Poor's

SummaryGas prices are likely to almost double from the current $4.2 per million british thermal units. Natural gas price hiked, but Reliance Industries still raises doubts Indian Oil Corporation, ONGC Videsh, H-Energy eye Canada's oil & gas arena ...

Why Shale Gas Won't Conquer Britain

There, the ability to tap into vast resources of shale gas, thanks to developments in a technology called hydraulic fracturing, or fracking, has led to a significant drop in domestic gas prices, created tens of thousands of jobs and helped to ...

EDF cuts funding cost with $6.2bn senior/sub dollar monster

Electricité de France's senior dollar bond issuance yesterday was a blowout, raising $4.7bn of funding from three to 100 years – at rates believed to be cheaper than it could have obtained in Europe and in some cases through EDF's secondary curve...

Network fault leaves houses without electricity

A spokesperson for Scottish Power said: “We received eight calls from the area last night at around 8.35pm. “What we have found is a fault in the overhead network which caused flickering lights in the area. “We had to take in the region of 100 ...

SSE Telecoms expands contract with Janet network

UK network infrastructure provider SSE Telecom has extended its partnership with UK research and education network Janet. In a 5-year contract, Janet will expand SE Telecoms' existing deal to deliver network services that replace Janet's South regional ...

EDF issues multitranche $4.7 bln bond in U.S.

The issue is aimed at the U.S. bond market and includes a $700 million tranche with a 100-year maturity and a fixed coupon of 6.00 percent, and a $1 billion tranche with a 30-year maturity and a fixed coupon of 4.875 percent, EDF said.

SSE Highest Paying Stock in FTSE

Income continues to be the Holy Grail for many investors. Despite news today that inflation has fallen in-line with the Government's target of 2%, many assets are yielding even less. Bank Rate remains stubbornly low at 0.5%, meaning even cautious investors ...

EDF : $4.7bn multi-tranche senior issue on the US bond market

EDF (A+ S&P / Aa3 Moody's / A+ Fitch) has successfully priced a $4.7 billion senior bond issue in 5 tranches: $750 million, at floating rate with a 3-year maturity $1 billion, with a 3-year maturity and a fixed coupon of 1.15% $1.25 billion, with a 5-year ...

New gas price mechanism to boost profits of ONGC, RIL: Standard & Poor's

SummaryGas prices are likely to almost double from the current $4.2 per million british thermal units. Natural gas price hiked, but Reliance Industries still raises doubts Indian Oil Corporation, ONGC Videsh, H-Energy eye Canada's oil & gas arena ...

Gazprom Neft seeking Northern European shelf assets (Part 2)

MOSCOW. Jan 14 (Interfax) - Gazprom Neft (MOEX: SIBN), which is not allowed to make use of mineral resources on Russia's continental shelf, is interested in the possibility of being involved in Northern European offshore projects. Company subsidiary LLC ...

EDF powers down Teesside

EDF Energy Renewables has temporarily shut down its 62.1MW Teesside offshore wind farm off the north-east coast of the UK while it carries out a technical investigation on its turbines. A spokesman said: “The decision has been taken to so that engineers ...

SSE Telecoms Selected By Janet To Extend Reach Of UK's Leading Research And Education Network Across Southern England

(M2 PressWIRE Via Acquire Media NewsEdge) London -- SSE Telecoms - the UK's leading provider of network infrastructure and data centre services, and part of the SSE Group - today announced that it has extended its relationship with Janet, the UK ...

Npower Launches 2014 App Developer Challenge

Energy company npower has launched a competition challenging developers to produce a prototype app that will enable consumers to measure and manage their everyday energy consumption. Now in its second year, npower's Developer Challenge 2014 offers a £ ...

Janet upgrades education network in south with SSE Telecoms

“The extension of our relationship with SSE Telecoms will enable us to deliver a world-class service for UK academic institutions,” said Jeremy Sharp, head of strategic technologies at Janet. “Flexibility was a pre-requisite to our initial ...

White-label brand loophole allows British Gas and SSE to avoid transparency crackdown

An Ofgem spokesman told Marketing that it needed to give "further ... British Gas partnered with Sainsbury's and SSE tied with M&S to launch white-label brands under the Sainsbury's Energy and M&S Energy brand names before March last year.

JANET Extends With SSE Telecoms

LONDON -- SSE Telecoms – the UK's leading provider of network infrastructure and data centre services, and part of the SSE Group – today announced that it has extended its relationship with Janet, the UK's research and education network and part of ...

Can SSE PLC’s Share Price Return To 1,676p?

Today I'm looking at SSE (LSE: SSE) (NASDAQOTH: SSEZY.US) to ascertain if its share price can return to 1,676p. Of course, before we can establish whether or not SSE can return to its all-time high of 1,676p per share, we need to figure out ...

Scottish Power launches power cut awareness drive

Scottish Power has launched a public information campaign after a YouGov survey found 46 per cent of people are not prepared for a power cut. Scottish Power launches power cut awareness drive HomeServe faces £49 million fine for mis-selling Scotland to ...

UK GAS-Prompt prices mixed on weather outlook

Day ... 309.5 million cubic metres on Monday, around 3.7 mcm below the seasonal norm. Gas flow was forecast at 321.4 mcm/day, meaning the British gas system was 11.9 mcm oversupplied. Consultancy Energy Aspects said a couple of weeks of colder weather ...

£10,000 prize for grabs as npower launches developer competition for energy-saving app

The competition brief states that applications must be original, fully-functional prototypes that are compatible with the latest version of Safari for iOS on the iPad and Chrome on ... without a background in app development, and has plenty of helpful ...

EDF, GDF Suez to invest in Belgian nuclear reactor: Report

It's tricky time for the Rs 12,203 cr Leyland—grinding out old businesses, carving new paths. Going where it has never gone gets new meaning in 2013-14. Workers should be allowed to migrate from the EPF to the National Pension System (NPS ...

EDF acquires 194 MW Texas wind power project

under long-term Power Purchase Agreements. Visit PennEnergy's comprehensive Renewable Energy topic center to access industry focused articles and reports “EDF Renewable Energy entered the Texas market in 2011 through the first Spinning Spur project ...

British Gas to abandon house insulation scheme as funding is pulled

British Gas says it is abandoning a scheme offering free or subsidised insulation to homes in Clifton, Nottingham. Around 1,200 people living in council-owned properties and 700 people in privately-owned properties signed up for the scheme which was ...

FOI release: Expenditure on clothing

By HM Government

Request for information on DECC's expenditure on clothing for each year between 2007-08 and 2012-13.

France's Total to invest in British shale gas

PARIS, Jan. 13 (Xinhua) -- French oil giant Total announced on Monday it has acquired a 40-percent interest in two shale gas exploration licences in Britian, becoming the world's first major oil company to invest in shale gas in the country.

French giant Total dips a toe in UK shale but BP and Shell unlikely to follow

“If it is successful in the UK and people realise there's an opportunity to get cheap energy, France will change its rules - and Total will have the expertise and a team in place to do the job ... the oil and gas services investor ...

EDF Acquires New Mexico Wind Project

EDF Renewable Energy has acquired the Roosevelt Wind Project LLC from Infinity Wind Power. The up to 300-megawatt project is expected to achieve commercial operation in December 2015, and will be the first wind facility built and owned by EDF in ...

UPDATE 3-Total deal speeds up UK shale gas race

LONDON, Jan 13 (Reuters) - Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain, boosting a technology which has brought cheap energy to the United States but sparked protests by ...

EDF pulls in $14bn book for dollar senior/hybrid, adds century bond

Electricité de France has amassed a $14bn book for its unusual combined offering of senior and hybrid bonds in the dollar market, and, in keeping with its habit of issuing deals with a certain panache, has decided to add a 100 year bond...

MMSD finally gets gas pipeline project from Muskego working

Landfill gas finally is flowing uninterrupted — 10 months behind schedule — in a pipeline from Muskego to Jones Island in the Milwaukee harbor, where it is burned to generate electricity for the state's largest sewage treatment plant. The $86 million ...

Peter Pan star proposes to co-star live on stage at SSE Hydro Arena

The audience watching Peter Pan: The Never Ending Story at Glasgow ... as lead actor Sandor Stürbl proposed on stage to his co-star and girlfriend of two years, Scots actress Lilly Jane Young. The cast of the show were on stage for the final song ...

Gazprom Says Europe Gas Exports Up 16% in 2013

Gazprom's natural gas supplies to Europe rebounded last year after ... Gazprom Export earlier said the average price for gas in Gazprom's European contracts fell by 5.5 percent last year to $380 per 1,000 cubic meters from $402 in 2012.

EDF Should Cut Factory Rates by Fifth, French Industry Says (1)

Electricite de France SA should cut rates for power-hungry factories in the nation by about a fifth, said a manufacturing group that's due to renegotiate a 24-year energy-supply deal with the utility in coming weeks. Costs need to drop by as ...

EDF Renewable Energy acquires wind project in New Mexico

The project encompasses approximately 62,000 acres of grazing farmland about 18 miles southwest of Portales. Southwestern Public Service Company (SPS), a subsidiary of Xcel Energy, will purchase the electricity generated by the 250 MW first phase of the ...

Big Oil joins U.K. shale gas hunt

Total has become the first major energy company to invest in the U.K's ... at high pressure to crack shale rock and allow oil or gas to flow. Opponents of the practice, which has spurred America's energy boom, argue fracking can contaminate ...

Shell And Gazprom Start Fracking Key Russian Site

LONDON (Alliance News) - Royal Dutch Shell PLC and OAO Gazprom Neft Monday have began a major joint venture drilling campaign in Siberia, to assess what could be one of the world's largest shale oil deposits. The companies' joint venture Salym Petroleum ...

Once upon a time, EDF Energy turned out to be actually really nice…

Even though it's not actually that cold, it's still winter and we still need the heating on, which means the big bad ‘Big Six' energy companies are still not flavour of the month. However, one of the cartel (so-called because they seem incapable of ...

Kalzip roof looks good and sounds perfect

Kalzip also went to great lengths to demonstrate their ability to achieve the stringent acoustic performance criteria needed for the roof through a series of rigorous pre-testing processes. To meet the performance criteria specified by Foster + Partners ...

Will There Be a British Shale Revolution?

French super-major Total is about to be the first major oil company to explore for oil and natural gas in British shale. According to the Telegraph, under the terms of a deal which will soon be announced, Total will pay $50 million for about 40% ...

Total first major to buy into British shale gas

PARIS, Jan. 13 (UPI) -- French energy company Total said Monday it is the first major energy company to invest in British shale gas as it acquired a stake in two license areas. Total said it acquired a 40 percent interest in two shale natural ...

UK shale plans 'substantial' drilling expansion

IGas, one of the four companies partnering with French oil major Total, says it is planning to explore new fracking sites across the UK. Total is investing at least $21m (£12.7m) in UK shale gas. Energy minister Michael Fallon said he expects ...

SSE Stock Rating Lowered by BNP Paribas (SSE)

SSE (LON:SSE) was downgraded by research analysts at BNP Paribas to a “neutral” rating in a report released on Monday, Analyst RN reports. They currently have a GBX 1,420 ($23.40) price objective on the stock, down from their previous price objective ...

Total deal speeds up shale gas race in Britain

LONDON (Reuters) - Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain, boosting a technology which has brought cheap energy to the United States but which is bitterly opposed by ...

India: gas price hike official

Cast doubt aside: the Indian government has made it official. Gas prices are going to be doubled in the next fiscal year. Cue the rally. Here are the details: prices will jump to around $8.4 per million metric British thermal units in the next ...

UK GAS-Prompt prices fall on healthy supply

National Grid (LSE: NG.L - news) data showed demand was at 307.9 million cubic metres on Monday, around 5 mcm below the seasonal norm. Gas flow was forecast at 311.5 mcm/day, meaning the British gas system was 3.6 mcm oversupplied. Gas imports from Norway ...

EDF Should Cut Rates to Factories by Fifth, French Industry Says

Electricite de France SA should cut rates for power-hungry factories in the nation by about a fifth, said a manufacturing group that's due to renegotiate a 24-year energy-supply deal with the utility in coming weeks. Costs need to drop by as ...

Total speeds up UK shale gas race as first oil major to enter market

Total's involvement, which follows shale gas acquisitions by utilities Centrica (CNA.L) and GDF Suez (GSZ.PA), is a major boost to Britain's growing but controversial shale gas industry, seen as one of Europe's strongest prospects for ...

eCORP UK and partners joined by Total UK in British shale exploration effort

HOUSTON, Jan. 13, 2014 /PRNewswire/ -- eCORP UK, a subsidiary of privately held eCORP International, LLC, is pleased to announce that it has entered into a Farm-out Agreement (the "Agreement") with Total E&P UK Limited ("Total"), along with ...

News story: Local councils to receive millions in business rates from shale gas developments

By HM Government

Shale gas: today's announcement

The Prime Minister will announce that councils can keep 100 per cent of business rates they collect from shale gas sites – double the current 50 per cent figure.

This commitment could be worth up to £1.7 million a year for a typical site. It will be directly funded by central government.

Community benefits for local people will also be strengthened. Last year, the industry announced that local communities would receive £100,000 when a test well is fracked – and a further 1 per cent of revenues if shale gas is discovered. This could be worth £5 to £10 million a year for the typical site.

The industry has today confirmed it will further consult on how this money can best be shared with the local community, with options including direct cash payments to people living near the site, plus the setting up of local funds directly managed by local communities.

Read Facts about Fracking for answers to frequently asked questions about shale oil and gas and fracking.

Shale gas: building a stronger economy

The decision to back the shale gas industry is part of our long-term economic plan to build a stronger, more competitive economy, create more jobs and secure a better future for Britain.

Prime Minister David Cameron said:

A key part of our long-term economic plan to secure Britain's future is to back businesses with better infrastructure. That's why we're going all out for shale. It will mean more jobs and opportunities for people, and economic security for our country.

Shale gas represents a huge economic opportunity for the UK with research from the Institute of Directors showing investment could reach £3.7 billion a year and support 74,000 jobs in the oil, gas, construction, engineering and chemicals sectors. The industry will today set out proposals on how best to secure a role for UK companies as part of its supply chain as shale gas production develops in the UK.

See how we're growing the UK economy.

Shale gas: investment already unlocked

Today's action builds on the action the government has already taken to back our shale gas production sector, which has already unlocked investment.

In the Autumn Statement 2013, we introduced the most competitive tax regime in Europe for shale gas; new operators in this emerging industry will now have an effective tax rate that is lower than in the US.

We have streamlined and simplified the regulation of exploration activity through the Environment Agency, including developing a single application form for permits and we will go further in 2014 - the Environment Agency aims to reduce permitting times for low-risk activity from 13 weeks to approximately 2 weeks during 2014.

Centrica last year announced an investment of up to £160 million in shale gas projects in the Bowland shale. GDF Suez recently announced a £25 million investment for several shale gas and coal-bed methane projects in Cheshire and the East Midlands. The 14th onshore licensing round, planned for later this year, is expected to bring more new entrants to the market, helping ensure the UK is able to get the most value from its onshore oil and gas.

See how we're developing shale gas and oil in the UK.

EDF issues $4.7bn of dollar senior, adds century bond

Electricité de France has issued $4.7bn of senior bonds in dollars as part of a combined sale with hybrid bonds, and, in keeping with its habit of issuing deals with a certain panache, added a 100 year bond...

Open consultation: Implementing the Energy Efficiency Directive provisions on gas and electricity billing

By HM Government

This consultation document seeks views on the government's approach to the implementation of Articles 10 and 11 of the EU Energy Efficiency Directive, as they apply to the billing of gas and electricity.

Articles 10 and 11 set out requirements on regular billing and billing based on actual consumption, the provision of information to energy service providers, the availability of electronic billing information and bills and the provision of information to customers with the bill.

The consultation will run for six weeks.

Gas customer slams Npower over billing

He said: “It started in June last year when my previous oil boiler was on its last legs so I decided to switch over to gas and install a new one ... After some long phone calls to the customer services department a manager later admitted to Ian ...

France's Total to Invest in UK Shale Gas Industry

Total is set to announce an investment in the infant British shale gas industry after a number of media reports confirmed that the French energy group is looking to tap into the trillions of cubic feet of this unconventional energy that is present in the ...

Piped gas, CNG likely to cost more from April

The Government on Friday notified the new gas pricing policy that would be applicable to all domestically produced natural gas from April 1 for the next five years Greater Noida: April will see prices for piped gas for cooking and vehicles run on CNG ...

UK goes 'all out for shale'

British Prime Minister David Cameron on Monday promised tax breaks worth millions of pounds to local councils who encourage shale gas development, declaring the country was going "all out for shale". Cameron announced that local authorities in England will ...

David Cameron promises tax breaks as UK goes 'all out for shale gas'

SummaryCameron govt calculates that this could be worth up to $2.8 million a year for a typical site. Kolkata trip a privilege, says British PM Cameron Distressed that I could not bring PM to Jaffna: Salman Khurshid Obama, Cameron pose for selfie at ...

Oil and gas — a new frontier

Schlumberger, Halliburton, Baker Hughes and Weatherford, the world's largest private-sector oil services companies, are boosting their presence in China. Yet for all the excitement, the future of China's shale remains cloudy. Progress so far ...

Natural Gas Futures Rise on Cold Weather, Record Supply Drop

Natural gas futures rose a second day in New York on colder weather forecasts ... to settle at $4.053 on Jan. 10. The volume of all futures traded was about 370 percent above the 100-day average. The Jan. 16 report may show that supplies slid ...

UK offers local councils incentive to accept shale gas drilling

The local tax, known as business rates, is levied by councils on commercial properties in England and Wales. Councils use business rates to pay for local services. Britain's shale gas industry is still at the stage of exploration, not commercial ...

Tax breaks for fracking firms as UK goes "all out for shale"

"In the Seventies, North Sea oil helped salvage our economy from crippling stagnation," he wrote in the Sun on Sunday. "We have a similar chance to create tens of thousands of jobs and energy security. "A mile and more beneath us lies deposits of gas ...

SSE retail arm loses £115m amid ‘difficult’ energy market

Output from renewable sources, including wind and hydro power, rose to around 25% of the firm's total generation. There was a fall in household gas and electricity usage, though SSE's customer total fell by 60,000 to 9.41 million and the rate of gas ...

Qatar considers more UK energy investment

Despite the pause on major expansion schemes, Qatar plans to invest $3bn (£1.8bn) over the next five years on capital expenditure alone. “We hope that British companies will want to compete for the contracts to deliver these projects,” al ...

Why This European Is Bullish on America

America's energy boom is spurring a new British invasion ... the two "had similar economics," Mr. Ratcliffe says. But now "what's happened in the United States with shale gas is that the price of gas has dislocated from the price of oil.

150,000 families desert 'big six' power firms: Families 'switch in droves' to get cheaper deals

‘We've still got a long way to go before switching becomes habitual, but it appears as though the latest round of price hikes could prove to be the tipping point.' The Government is keen to use the threat of customers switching as a tool ...

Gazprom says natural gas supply to Europe up 16%

PanARMENIAN.Net - Russian energy giant Gazprom said Monday, Jan 13, that the supply of natural gas to Europe grew 16 percent last year to 162.7 billion cubic meters while overall ... economy Average salary grows by 6,1% in Armenia 5,4% and 8,1% growth ...

Natural gas futures - weekly outlook: January 13 - 17

On the New York Mercantile Exchange, natural gas futures for delivery in February climbed 1.2% on Friday to settle the week at USD4.053 per million British thermal units. Nymex gas prices fell to a session low of USD3.954 per million British thermal units ...

France’s Total to invest $50m in UK shale gas exploration

That has translated into lower energy costs for businesses and households and triggered a manufacturing renaissance in the US. The UK is also believed to have huge shale potential. Recent estimates suggest there could be as much as 1,300tn cubic feet of ...

Total ready to drill $55m into British shale-oil venture

French oil major Total is on the verge of becoming the first big oil company to explore for natural gas and oil in shale-rock in Britain. Under the agreement, which may be announced as soon as Monday, Total would commit about $US50 million ($55 million ...

India to get new gas price in March; could range $7-8/unit

Greater Noida: April will see prices for piped gas for cooking and vehicles run on CNG further revised, as the Government is likely to announce the new price for domestically produced in March. This price will be effective from April 1. Secretary Petroleum ...

France’s oil & gas firm Total to invest in Britain’s shale gas industry

French oil & gas giant Total is all set to make a huge investment in the UK's burgeoning shale gas industry, according to a recent report by the BBC. Citing anonymous source, the BBC said Total will invest 30 million pounds (nearly US$50 million) in ...