Mexico moves towards opening up to foreign oil companies

Senators in Mexico are edging closer to a deal to open the county’s doors to foreign oil companies, according to reports. The bill would allow foreign firms to partner with the state owned oil company Pemex. It’s hoped the change will boost oil production in the country, which is down 25% since it peaked in […]

UK smart meter market set to be worth £1bn by 2015

The UK smart meter market is expected to exceed £1 billion a year in 2015, thanks to recent EU and UK laws which require the devices to be installed in most homes by 2019. A new report from IMS Research claims consumers will also feel the benefits through cheaper bills and more flexible tariffs, despite […]