BHP Billiton, has said that the company has signed deal to sell its stake in Browse gas project and the process will soon be finalized. The company has sold its stake in the $45 billion Browse gas project in Western Australia as the sector faces a slowdown.

As per the revelations of a new report, marginal gains have been made on Monday morning by Crude oil prices in London trading. It was following a brief slip below $100 a barrel by Brent on a weak Chinese economic indicator's back.

A drive around the city this week offered a range of about eight cents on the cost of a gallon of gasoline to the discerning motorist depending upon where the driver decided to pull in.

And even if the motorist checked the price of gasoline elsewhere in Rhode Island, the price increased to 45 cents roughly.

The proposal of the Brown administration's proposal of regulating hydraulic fracturing was questioned by the State lawmakers. The doubts voiced on the proposal include the concern of protection of public health and safety.

Gasoline prices are on rise, but 2012 saw a record breaking high in the prices. Credit for the same has been given to political tensions and weather complications.

Though, massive efforts were made on Exxon Mobil Corp. (XOM)'s front so that Democrats do not win over Republicans. But, revelations of a new report are such that the natural gas producers' millions of money is wasted with the President's regain of his position and continuation of the control of the House of Representatives by Republicans.

China Sunergy, a Nanjing-based company, has bought two properties in Cornwall and as per revelations of a new report; the two are now to be converted into the UK's first solar farms to be owned by Chinese.

The company has bought Mawnan Smith's Higher Tregarn near Falmouth for one farm. While the other one is to be built at Tregavethan, which is near Truro. In total, the plans are to develop five megawatt farms.