Solar project gets tentative OK for US loan aid
(AP)
AP - The Obama administration on Monday gave preliminary approval for $1.4 billion in federal loan guarantees for a sprawling solar-energy project in Californias Mojave Desert.
[ Published on :
Tue, 23 Feb 2010 10:31 ]
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British Gas profits surge record 58%
Operating profits at British Gas soared by 58% last year to £595 million, compared with £379 million in 2008.
Its parent company Centrica said the figures beat the previous high of £573 million in 2007.
While British Gas announced earlier this month it was reducing its gas prices by 7%, the results will no doubt anger [...]
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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EU could back South Stream gas project
(AFP)
 AFP - The EU could lend its support to Russias massive South Stream gas pipeline plan as well as the rival EU-led Nabucco project because of growing energy demand, a top EU commissioner said Tuesday.
[ Published on :
Tue, 02 Mar 2010 05:14 ]
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Toyota receives grand jury subpoena for documents
(AP)
 AP - Toyota said Monday it received a subpoena from a federal grand jury seeking documents related to unintended acceleration in its vehicles and the braking system of its Prius hybrid.
[ Published on :
Mon, 22 Feb 2010 05:58 ]
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IEA warns of return to oil price volatility
(AFP)
 AFP - Countries must brace for a return to wild oil price swings as the global economy recovers, the head of the International Energy Agency (IEA) warned Friday.
[ Published on :
Fri, 26 Feb 2010 09:38 ]
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Oil hovers below $79 after US crude supply drop
(AP)
 AP - Oil prices hovered below $79 a barrel Wednesday in Asia after a report showed U.S. crude inventories unexpectedly fell last week, suggesting demand may be improving.
[ Published on :
Wed, 24 Feb 2010 11:16 ]
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US consumer prices up 0.2% in January
Official data has revealed US consumer prices rose by a slower-than-expected 0.2% in January.
On an annual basis, prices were up 2.6% - also below expectations.
The increase was the result of a hike in energy prices, which rose for the ninth month in a row. Over the last year, energy prices have soared 19.1%, said [...]
[ Published on :
Mon, 22 Feb 2010 05:57 ]
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Green homes plan raises eco-mortgage concerns
Government plans to improve the energy efficiency of the UK’s homes involve as “Pay as You Save” scheme that will provide long-term loans to householders keen to install additional insulation, solar panels, wind turbines and the like.
The eco-loan will be repaid in instalments that should amount to less than the savings made on energy bills.
However, [...]
[ Published on :
Thu, 04 Mar 2010 10:04 ]
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More regulation needed for Canada oil sands: report
(Reuters)
Reuters - Steam-driven projects to extract crude from Canadas oil sands, often held up as more environmentally friendly than mining, have major drawbacks of their own that require more stringent regulation to fix, an environmental think tank said on Wednesday.
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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House panel to investigate hydraulic fracturing
(AP)
AP - An oil and gas drilling technique that is becoming more widespread is drawing scrutiny from lawmakers concerned that it may pose a hazard to human health by tainting drinking water and harming the environment.
[ Published on :
Fri, 19 Feb 2010 09:56 ]
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Hometrack puts February house prices 0.3% ahead
Hometrack has reported a 0.3% rise in house prices in February, compared to January.
Southern England continued to see the greatest upward pressure on prices, with average values in London up by 0.7% in the month.
According to the housing intelligence firm, February also saw the first year-on-year rise since March 2008, at 0.4%, and the survey [...]
[ Published on :
Tue, 02 Mar 2010 10:37 ]
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