Chancellor Alistair Darling's bid to portray himself as a consumers' champion over soaring energy bills has back-fired spectacularly, with power companies revealing that higher Treasury taxes account for almost 50pc of last weeks' rise in household energy bills - The Telegraph
BG Group, the UK gas and oil exploration and production company, is shutting its office outside Tel Aviv, and plans to surrender its share in a small Israeli gasfield, following the breakdown of talks over selling Palestinian gas to Israel - The Financial Times
Shell and Total are vying to develop a huge gasfield in what was Iraq’s most violent province as a source for exports to Europe. The Iraqi Government held talks with a number of potential companies last week regarding development of the Akkas field in Anbar province, northwest of Baghdad - The Times
A reclusive billionaire whose family owns the Mars confectionery empire has emerged as a determined opponent of the energy industry's plans to develop one of America's last wilderness states. Forrest E Mars Jr, the 75-year-old former chief executive of Mars Inc, has drawn on his $14 billion fortune to fire off a clutch of lawsuits to prevent drilling for natural gas and coal on his 82,000 acre Diamond Cross ranch near the town of Birney in south eastern Montana - The Daily Telegraph
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