Latest news
France’s government announces gasoline price cut to boost its economy
France’s finance ministry announced that gasoline and diesel fuel prices will drop up to six cents per liter, about 4 per cent of actual pump prices, move aimed at fulfilling a key campaign pledge of President Francois Hollande. This temporary initiative will cost the French government $375 million.
read more... 05/09/2012
Biggest ever onshore wind farm to be built in South Wales
The UK government gave green light to an expensive and controversial onshore wind farm, which will be the biggest ever in England and Wales, despite campaigners claimed it is “inefficient” and “intrusive."
read more... 10/05/2012
British Gas rejects the Big Switch Scheme
The energy giant, British Gas has said that it would not take part in so-called Big Switch scheme which is aimed to help consumers negotiate better tariffs on gas and electricity bills. This campaign was proposed by consumer group Which? and aims to sign up as many households as possible and then attempt to negotiate cheaper energy tariffs from major suppliers on their behalf.
read more... 04/04/2012
Gas prices rising in 2012
Economic reports are breaking President Obama's path with the unemployment and jobless data going down, while the stock market and GDP are rising. But there is a little issue that could weigh on Obama's rating in the coming election campaign: rapidly growing gasoline prices.
read more... 24/02/2012
UK government: secret promotion of Canada’s oil sands
According to a British media report, the UK government secretly supported Canada’s campaign against European penalties on its oilsands fuel. Meanwhile, UK government was being lobbied by the British oil majors Shell and BP, which hold significant oil sands in Alberta, Canada.
read more... 28/11/2011