Tuesday, 4 December 2007

Between the Broadsheets

Energy regulator Ofgem said yesterday that £5 billion should be spent on upgrading the UK's gas distribution networks, adding about £2 a year to the average bill – Financial Times

Exploration companies need oil prices of US$70 a barrel to match the returns they made at US$30 a barrel only two years ago because of the sharp increase in costs and higher government licence fees, according to analysis from Wood MackenzieFinancial Times

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