Energy
Shell takes axe to jobs as profits tumble
Oil company delivers downbeat outlook as recession erodes demand for oil and gas.
Centrica's profits fall despite 80pc jump in British Gas earnings
Centrica reported a slump in firsthalf profits despite an 80pc jump in earnings at its British Gas arm due to last year's price ...
Shell may freeze its dividend
New chief executive Peter Voser looks to create leaner oil group by undertaking a major restructuring and programme of job cuts. ...
BP says recovery will be 'drawn out' as profits tumble
Oil company's profits follow oil lower as global downturn saps demand. ...
Britain targets Turkmenistan gas as North Sea resources deplete
Turkmenistan's president has told Prince Andrew that his country would like to export natural gas to Britain as our North Sea resources gradually ...
BG Group pushes back production target
A drop in demand and falling energy prices caused a fall in profitability at BG Group but the results beat consensus expectations. ...
Nuclear Decommissioning Authority shows deficit of £2.7bn
Higher electricity sales and savings helped improve the Nuclear Decommissioning Authority's performance in the year ending March 31 but the huge ...
Venture Production hopes dashed on North Sea gas well
Venture Production the Scottish energy producer fighting off a hostile offer from Centrica has been forced to admit that its new gas well ...
Ofgem fines EDF £2m for taking three months to connect UK homes
Ofgem fines company for not offering adequate service when it was slow in making a connection offer to 108 customers in 2006. ...
Shell considers jobs cuts at US refineries
Shell Oil part of Royal Dutch Shell said it was considering staff cuts at its refineries and chemical plants on the US Gulf ...
