George Osborne in standoff over coalition's green energy plans
The Observer Sat, 14 Jul 2012 14:42 PM PDT
Treasury in dispute with Tory-led select committee over efforts to encourage private sector to fund cleaner energy George Osborne's Treasury has refused to co-operate with a powerful committee of MPs preparing the coalition's flagship plans for low-carbon, affordable energy in what is being seen as further evidence of the chancellor's hostility to the green agenda, the Observer can reveal. In an ... |
British Gas spurns Gujarat State Petroleum Corporation’s’s poor offer
The Times of India Sat, 14 Jul 2012 14:30 PM PDT
Gujarat State Petroleum Corporation’s (GSPC) bid to buy the 65% stake of British Gas (BG) in Gujarat Gas Co Ltd (GGCL) has hit a hurdle with the global energy major spurning the offer of Rs 300 per share at a meeting held in Mumbai on Friday. |
Up after China GDP; Thai stocks hit 2-month high
Deepika Sat, 14 Jul 2012 14:29 PM PDT
BANGKOK, Jul 13 (Reuters) Southeast Asian stock markets rose on Friday amid optimism over China's second-quarter GDP data, with stronger oil prices lifting commodities and energy-linked counters such as Golden Agri Resources Ltd and Bumi Resources Tbk. |
Spain reforms to raise $69 billion
Reuters Sat, 14 Jul 2012 14:26 PM PDT
MADRID (Reuters) - The Spanish government's most recent reforms will slash 56.4 billion euros ($69 billion) from the public deficit in the next two and a half years, an official document showed on Saturday, leaving a gap to be filled by taxes on energy. |
Ofgem to back £44bn National Grid deal
Daily Telegraph Sat, 14 Jul 2012 14:26 PM PDT
Regulators are expected to give National Grid the green light to spend as much as £44bn on transforming the UK's energy infrastructure, while setting out strict funding terms. |
Berg: All Energy Production is Good
WDAZ 8 Grand Forks Sat, 14 Jul 2012 14:12 PM PDT
FARGO, N.D. (AP) - Rep. Rick Berg says the North Dakota attitude is that all energy production is good energy production, and that approach should be taken in Washington. |
Solar company sues Ontario for $100M
CBC Toronto Sat, 14 Jul 2012 14:12 PM PDT
In the latest blow against the Ontario Liberal's green energy plan, Canada's biggest solar energy firm is suing the province for $100 million. |
Spain reforms to raise 56.4 billion euros
Reuters via Yahoo! UK & Ireland News Sat, 14 Jul 2012 14:11 PM PDT
MADRID (Reuters) - The Spanish government's most recent reforms will slash 56.4 billion euros ($69 billion) from the public deficit in the next two and a half years, an official document showed on Saturday, leaving a gap to be filled by taxes on energy. Spanish Prime Minister Mariano Rajoy pledged 65 billion euros of savings from tax hikes and spending cuts on Wednesday in a painful package ... |
Duke Energy's troubles far from over, analysts say
The Indianapolis Star Sat, 14 Jul 2012 14:01 PM PDT
RALEIGH, N.C. - Business experts who follow Duke Energy Corp. say the country's biggest electric company has months of problems ahead after ousting the Progress Energy CEO who had been long been promised the job as chief of the post-merger giant. |
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