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Centrica issues profit warning as it feels the heat
News The latest update from energy provider Centrica suggests that every silver lining has a cloud, as the company warned that the recent warm spell in the UK will hit full-year earnings.
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Profits down 3% at New World Resources
News New World Resources, a FTSE 250 producer of coal for the steel and energy sectors, has seen profits before tax fall 3% in the nine months to the end of September, compared to the equivalent period of 2010.
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Xcite continues progress in Dundee
News North Sea oilfields operator Xcite Energy has reported continued progress in its technical and operational plans during and beyond the three months ended 30 September.
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ITM Power blows hydrogen price targets
News ITM Power, the Sheffield based firm which makes systems to store energy in the form of hydrogen says one of its products can easily beat EU cost targets.
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Centrica subsidiary makes £30m acquisition
News Centrica's North American subsidiary, Direct Energy, has acquired the home protection plan business Home Warranty of America (HWA) for $48m (£30m) in cash.
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Good news at last from Greenland for Cairn
News Oil giant Cairn Energy saw its share price rise 4% after it reported encouraging results from its five well exploration drilling campaign offshore Greenland.
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BP hands back $3.5bn as PAE deal collapses
News BP will be handing back a $3.53bn deposit following the collapse of a deal to sell its 60% interest in Pan American Energy.
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Essar Energy reports 'solid' performance
News Essar Energy, the India-focused integrated energy company, has reported a 'solid' operating performance for the quarter ended 30 September, with all of its plants performing well.
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14/10/10: Time to sell Forum Energy
Features Since I would rather lighten the Red Hot portfolio when the market is strong and not when it is weak I am going to call time today on Forum Energy.
Features