Auditel Consultant:
David Milnes

Centrica Buys 22% Of UK N Sea Gas Producer Venture

19 Mar 2009 | Filed under: Energy

By James Herron Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- The U.K.’s largest gas and electricity retailer, Centrica PLC (CNA.LN), said Wednesday it has bought a 22.3% stake in North Sea gas producer Venture Production PLC (VPC.LN) for GBP239.4 million. Centrica said it may in the future make a full cash offer for Venture, but [...]

What are the options to genuinely improve profitability without risk?

19 Mar 2009 | Filed under: Uncategorized

What are the options to genuinely improve profitability without risk? With the downturn no longer looking like it will be a gentle dip into a short recession, stake holders in organisations throughout the economy be they business or not for profit, can no longer afford to wait and see how things turn out. Action [...]

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Drax resigned to Electricity Price Drop

13 Mar 2009 | Filed under: Energy

According to the FT.com, Drax, the electricity generator, said power prices would remain depressed for some time because of the recession, which has reduced demand for energy. Coal and carbon prices have dropped recently, but so have electricity prices, leading to lower margins for Drax this year. Dorothy Thompson, Chief Executive of Drax, said the [...]

Renewables can power up to 40 percent of the world’s electricity by 2050

13 Mar 2009 | Filed under: Energy

Renewable energy has the capability to supply up to forty percent of the world’s energy needs by 2050, according to a recent study presented ahead at the International Scientific Congress on Climate Change in Copenhagen, Denmark. However lead researcher, Peter Lund of the Helsinki University of Technology’s Advanced Energy Systems in Espoo, Finland, warned that [...]