British Energy seeks to delist
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Troubled British Energy seeks to delist from the stock market as it fights opposition to its restructuring plan by rebel shareholders.
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Britain's biggest coal-fired power station moves closer to winning compensation for unpaid contracts from collapsed energy group TXU Europe.
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The British oil giant said it would cut an additional 5,000 jobs by the middle of next year in an effort to slim management and make the company more efficient.
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More than 700 businesses are calling on the chancellor to scrap a planned rise in fuel duty of 2p per litre.
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Business & money: Government criticised over handling of crisis as one of two remaining bidders threatened to pull out
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Britain decided to nationalize Northern Rock  on Sunday, abandoning a five-month attempt to snare a private sector buyer for the ailing bank and piling more pressure on Prime Minister Gordon Brown.
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Watchdog Energywatch says it is time the energy industry was referred to the Competition Commission.
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Proposals for ship-to-ship oil transfers in the Firth of Forth are pulled by the area's harbour authority.
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The British bank could face nationalization should an effort being led by Prime Minister Gordon Brownâs government fail to find a buyer.
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British Gas has lost almost one million customers this year, its parent company Centrica has revealed. The gas and electricity provider, which has put up prices twice in 2004, lost 290,000 customers in the first half of the year and 630,000 in the second.
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Support services firm Serco Group   is preparing a consortium to bid for state-owned  clean-up firm British Nuclear Group, the object of a takeover  offer from U.S. firm Fluor , the Mail on Sunday  newspaper said.
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.6 billion euros, 10.4 billion dollars).
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The Royal Society, Britain's premier group of scientists, has written to the British arm of energy giant ExxonMobil, demanding the company withdraw support for groups that attempt to undermine the consensus relating to climate change, The Guardian reported.
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British Energy shares fall 10% after problems force the firm to keep four nuclear reactors out of service.
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British Gas announces it is to reduce its gas and electricity prices next month, raising hopes of cuts by other firms.
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TROUBLED nuclear power group British Energy yesterday said it was removing itself from the stock market in a bid to stop rebel shareholders scuppering its rescue package.
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The company has announced the sale of its part share in the Laminaria and Corallina oil fields to the British-owned Paladin Oil &amp; Gas.