Russia's TNK-BP, half-owned by oil major BP , said on Monday Chief Executive Robert Dudley has submitted his resignation.

German energy group E.ON said on Thursday it hopes to cut bills for its UK customers in 2009 if wholesale gas and electricity prices carry on falling.

London-listed Chilean miner Antofagasta posted a 3 percent rise in its nine-month core profit on Thursday as higher production outweighed flat prices and surging costs.

Oil rose to above $51 a barrel on Wednesday, after a near 7 percent fall the previous day, when data showed the U.S. economy last shrank at its fastest pace in seven years, reflecting slowing demand in the world's largest oil consumer.

Global miner BHP Billiton called off its $58 billion (38 billion pound) bid for rival Rio Tinto on Tuesday, citing worsening market conditions and demands for asset sales from European regulators.

The ESB has unveiled its plans to expand into the UK with its multi billion euro investment in several new power plants.

Oil rebounded from an early three-and-a-half year trough below $49 a barrel on Friday, tracking Asian equities that bounced back on rumours that China may cut interest rates later in the day.

National Grid announced a 4 percent increase in half year profits, driven by a strong performance in its gas distribution business, and forecast full year results in line with its expectations.

National Grid posted a 4 percent increase in half year profits, forecast full year results in line with its expectations and said the outlook for 2008/9 was positive.

British Energy has reported that pre-tax earnings in the first half plummeted 50 percent to £257 million due to lower electricity output.

Nuclear power station operator British Energy posted a 49.7 percent fall in first-half earnings on Tuesday due to power station shutdowns and lower electricity output, but said it hoped for a better second half.

Oil fell over $1 to below $56 a barrel on Monday, dropping to near its lowest in almost two years after a meeting of the Group of 20 major economies ended with few actual proposals on how they would combat a global recession.

Mining giant BHP Billiton is facing lost sales of up to $600 million (403 million pounds) in its iron ore business in the second half of 2008, a newspaper reported on Saturday.

Centrica is reviewing the economic viability of planned wind farms due to soaring costs and the credit crunch, the owner of British Gas said.

Oil, gas and mining engineer AMEC said on Wednesday it is confident of delivering a margin in excess of 6.5 percent this year as it saw a continued strength in demand for its services.

International Power expects 2008 to be another year of growth, the power station operator said on Thursday.

The seven banks guaranteeing a loan to help French power company EDF finance the takeover of British Energy are struggling to find additional banks to share the risk, Les Echos reported on Tuesday.

Utility Scottish & Southern Energy (SSE) agreed to sell a 50 percent stake in the world's largest offshore wind farm project to npower renewables, a division of Germany's RWE AG .

British Gas-owner Centrica said on Friday it was raising 2.2 billion pounds in a rights issue to fund its acquisition of a 25 percent stake in nuclear operator British Energy .

Royal Dutch Shell beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71 percent at $10.9 billion (6.5 billion pounds), as high oil prices and asset sales outweighed a 7 percent drop in oil and gas production.

Oil giant Royal Dutch Shell said on Wednesday that Peter Voser would become chief executive with effect from July 1, 2009.

British oil major BP Plc may have marked the oil industry's high point by reporting a record $10.0 billion third quarter replacement cost profit on Tuesday, as the recent collapse in crude prices ensures a tougher outlook.

BG Group, a FTSE 100 company, is holding final talks and negotiations with AGL to buy the company’s 25 percent stake in Queensland Gas.

Royal Dutch Shell plc have this week announced six new research agreements with experts in academic institutions across the world. They are part of a growing programme of agreements designed to complement Shell’s own biofuels research and development, and to accelerate results.

Gordon Brown has said the global economic downturn would not affect a government drive to reduce the country's carbon emissions.

The government must remove bottlenecks holding back wind farms and other renewable energy projects as part of a drive that will create new jobs in green technologies, climate minister Ed Miliband has said.

Salamander Energy said on Tuesday that it had withdrawn a hostile proposed offer for Serica Energy in response to continued uncertainty in the capital markets and volatility in the price of oil.

Oil major Royal Dutch Shell has denied a report that it has withdrawn from the UK wind energy sector by agreeing to sell its stake in a project off the Blackpool coast to partners Scottish Power and Denmark's Dong Energy.

OPEC oil producers may cut oil supplies in two rounds, one when they meet next week in Vienna and a second later on, to drain oil supply surplus off markets and firm up prices, the group president on Sunday.

Britain will adopt a more severe target to cut greenhouse gas emissions by 2050, increasing this to 80 percent from 60 percent, newly installed Energy and Climate Minister Ed Miliband (<b>pictured</b>) has said.

Prime Minister Gordon Brown urged retailers Thursday to cut petrol prices to reflect the drop in the oil price.

Temporary power provider Aggreko said its 2008 pretax profit should beat forecasts and be at least 50 percent higher than last year, after better than expected third-quarter trading.

(Reuters) - BP is exploring a potential deal to buy natural-gas properties from Chesapeake Energy , The Wall Street Journal said citing people close to the British company's thinking.

Retailer Marks &amp; Spencer said on Wednesday it is preparing to expand into the household gas and electricity supply market following a partnership with utility Scottish &amp; Southern Energy .

Energy bills were responsible for much of September's rise in inflation, according to official figures.

The UK will have to source 40 percent of electricity from renewable means under EU climate proposals.

The Government's public health safety watchdog has warned that energy saving lightbulbs can emit levels of UV radiation sufficient to damage skin.

Oil slid by more than a dollar to below $88 a barrel on Thursday, as a series of bold rescue moves by policy makers around the world failed to lift fears the global economy was heading for a meltdown.

Kazakhstan is interested in acquiring stakes belonging to both Britain's BP and Oman in a key Caspian Sea pipeline pumping Kazakh crude to the Black Sea, a senior Kazakh official said on Wednesday.

Nuclear power operator British Energy said its power output in the first half fell against the same period last year due to repairs at two of its UK nuclear stations, although it met management expectations.

Millions of British consumers are missing out on the full benefits of energy market competition as the best price deals are not open to them, a UK energy regulator has said.

Gordon Brown’s government reshuffle has seen the creation of a new energy and climate department headed by Ed Miliband.

North Sea Energy has sealed a US$12 million funding arrangement with Gemini Oil & Gas Fund II, LP for the development of the UK's Jacky oilfield.

Northern Ireland businesses will face spiralling energy costs following electricity and gas bill increases.

It has been announced that he world's largest tidal-powered energy farm could be built in British waters.

A campaign urging Welsh people to save energy is being launched by the assembly government.

The UK's energy gap is continuing to grow with a deficit of over 6 million tonnes of oil equivalent (mtoes) between the production and consumption of primary fuel in the second quarter of 2008.

Britain risks power shortages and a jump in electricity costs this winter due to corroded wires and other repairs at nuclear reactors and pollution rules that keep coal plants idle.

Energy giant Electricité de France has agreed to buy British Energy for £12.5 billion in a deal that will see it develop the UK's next generation of nuclear power stations.

Energy users could save hundreds of pounds by swapping from a standard to an online tariff.

Millions of families will not be able to benefit from the Government's recently announced £1 billion energy efficiency scheme.

EDF, the French energy company, is close to a deal to buy British Energy without making big new concessions, EDF sources said last night .

Business Secretary John Hutton is set to tell an industry meeting today that building new reactors is indispensable.

A new report from energy analysts has claimed that securing the country's supply of electricity is more important than tackling climate change.

Plans have been drawn up by one of Scotland's top power providers to capture carbon dioxide emissions and transport the waste gas for permanent burial in rocks beneath the North Sea.

The government's plans to make utilities cut their customers' energy use rather than pay a windfall tax on profits has come under scrutiny.

The £1 billion Government package to aid UK households insulate their homes has been criticised for being insufficient to reverse soaring bills.

Toyota have begun testing TMC-produced plug-in hybrid vehicles on public roads.

A government strategy to help reduce energy bills for 11 million homes will likely be announced tomorrow.