Crude oil prices rebounded to settle above $38 a barrel on Thursday, with U.S. crude receiving support from declining stockpiles, pushing WTI crude to a premium to global benchmark Brent for the first time in about a year. Brent crude rose 53 cents to settle at $37.89 a barrel. It plunged to $35.98, an 11-year low, on Tuesday. U.S. crude edged 60 cents higher to close at $38.10 after gaining more than 8 percent last week.
read more... 28/12/2015
Gas and electricity bills dropped by £45 between 2014 and 2015, or a cut of 3.3% to an average yearly bill of £1.299, according to the Department of Energy and Climate Change (DECC).
read more... 24/12/2015
Scotland consumed almost 50% of electricity generated by renewables last year, meeting its green energy targets.
read more... 24/12/2015
Oil futures continued to recover from multiyear lows on Wednesday, closing sharply higher after figures showed that U.S. crude stockpiles recorded an unexpectedly large decline previous week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February rebounded $1.36, or 3.8%, to settle at $37.50 a barrel. Brent crude for February delivery on London’s ICE Futures exchange rose $1.25, or 3.5%, to end at $37.36 a barrel, ending a five-session losing streak.
read more... 24/12/2015
Turkmenistan on Wednesday finalized a pipeline that can transport gas from the world's second biggest gas field to the West or, alternatively, increase eastbound deliveries to China and, in future, to Pakistan and India.
read more... 24/12/2015