Energy news

Western sanctions are showing their teeth as Russia's state-controlled energy corporation Rosneft requests the Russian government for a $42 billion loan

Ex-army chief Abdel Fattah el-Sisi is expected to win the election easily and his first task will be to rebuild infrastructure and business confidence

Russia and China have signed a major multi-billion dollar gas deal that has been ten years in the making

Moves by German company Siemens have raised the prospect of a takeover battle over French firm, Alstom

Cavendish Fluor Partnership has been selected as the preferred bidder for a contract to manage the decommissioning of UK nuclear sites

UK Chancellor George Osborne's expected freeze of the carbon price floor came with a £7 billion support package to help manufacturers cope with the rising cost of energy: but the budget will not please the environmentalists

The Scottish government has given its approval for the construction of a major new offshore wind farm development

The ban imposed on BP which prevented it from bidding for US government contracts has been lifted

Berkshire Hathaway, the investment firm run by Warren Buffett, achieved record profits last year

Eastern Europe is heavily dependent on Russian gas, and Ukraine's immediate future may be strongly influenced by decisions made in Moscow

ONGC Videsh, the overseas arm of Indian exploration and production giant, ONGC Limited, has been offered two oil and gas blocks by Sudan

The French oil giant becomes the first major to commit to shale gas development in the UK, while the government introduces incentives to local councils

Following a difficult year for renewables and clean energy in 2013, some analysts are optimistic on the investment potential for 2014, driven by efficiency and growing commercialisation of green technology

Mexico’s Senate has approved a landmark measure that represents the biggest change to the country’s oil and gas industry for 75 years