The United States has seen its position as the most attractive destination for investment in renewable energy nose dive, helping Germany move to joint first place according to Ernst & Young’s latest Renewable energy country attractiveness indices, according to a December press release.
The indices - which track and score global investment in renewable energy – [...]

Ukraine and Russia said the supply of natural gas to Europe was completely shut off Wednesday, but each side blamed the other for the cut-off, which comes as Europe faces a wave of freezing temperatures.
A spokesman for the Ukrainian state-run gas company, Naftogaz Ukrainy, told CNN that Russian gas giant Gazprom had turned off all [...]

NEW YORK (AFP) – Oil prices rose sharply Monday as the Israeli-Palestinian conflict intensified and major crude producer Iran said OPEC would hold a special meeting next month.
New York’s main contract, light sweet crude for February, shot up 2.47 dollars to close at 48.81 dollars a barrel.
Brent North Sea crude for delivery in February rallied [...]

By DAVID COULTER

THE adoption of the Renewable Energy Directive by the European Parliament offers a fantastic opportunity for British agriculture.
This was the opinion of the NFU which was delighted to see the directive taken on board.
It will introduce mandatory targets requiring the EU to meet 20 per cent of energy use and 10 per cent [...]

By Nicholas Comfort
Dec. 29 (Bloomberg) — Natural-gas suppliers in Germany, Europe’s biggest energy market, expect to maintain deliveries of the heating fuel even as stockpiles fall to a seven-month low and Russia threatens to halt shipments to Ukraine.
Utilities E.ON AG and RWE AG and gas provider Wingas GmbH said customers won’t experience any disruption in [...]

By Jane Merriman
LONDON (Reuters) - Oil pared gains on Monday after a rise above $40 a barrel, in response to a weak dollar and Israeli attacks on Hamas that served as a reminder of tensions that could threaten Middle East crude oil supplies.
U.S. light, sweet crude was up $1.16 at $48.87 a barrel by 10:06 [...]

By CHRIS KAHN
Oil prices dipped below $38 a barrel Tuesday on fresh evidence of weakness in the U.S. housing market and a shrinking gross domestic product that suggests the recession may be worsening.
A report by the Commerce Department showed that sales of new homes fell in November to the slowest pace in nearly 18 years, [...]

Oil prices fell further below $40 in Asian trade on Tuesday in a market plagued by weak energy demand, dealers said.
New York’s main futures contract, light sweet crude for delivery in February, shed 77 cents to $39.14 a barrel in morning trade after sliding $2.45 to close at $39.91 on the New York Mercantile Exchange [...]

Light, sweet crude for February delivery fell $2.45, or nearly 6 percent, to settle at $39.91 a barrel on the New York Mercantile Exchange.
By the Associated Press
Oil prices tumbled below $40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deterioration in energy demand.
Light, [...]

PHOENIX (AP) — Oil prices tumbled below $40 a barrel for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million barrels a day.
Markets had already priced in a vastly reduced flow of oil and traders focused instead on troubling economic data that [...]