Browsing: energy

Ukraine’s Western-backed leaders scrambled on Friday to find new sources of energy after Russia hiked its gas price by 80 percent in response to the overthrow of Kiev’s pro-Kremlin regime. The crisis-hit nation saw the amount it must pay for 1,000 cubic…

Britain’s energy regulator will refer the “big six” suppliers for investigation by the competition watchdog under plans announced Thursday which could see the major industry players broken up. Ofgem said the move would reassure consumers amid mounting…

Oil prices diverged Monday as dealers digested news that Chinese manufacturing activity shrank in March to an eight-month low, stoking demand concerns in the world’s biggest energy consuming nation. In late afternoon deals, Brent North Sea crude for…