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Energy drilling contractor Nabors Industries Ltd last night reported a first-quarter loss of $398.3 million, after reporting a profit in the same period a year earlier. The Bermudian-based company said it had a loss of $1.41 per share. Losses, adjust...

Electricity outages this morning were triggered by a fault in Belco’s power station that caused two engines to shut down, a spokeswoman said. The fault set off a load shed that affected customers from Prospect eastward, hitting 15 circuits. It took 2...

A link-up between DHL Express and schools in Bermuda could see students create a portable, low-cost solar energy solutions that can be implemented for less than $50,000. Secondary school students have been challenged to invent a solar-powered solutio...

Rubis Energy Bermuda is buying Bermuda Gas in a $17.7 million deal. Almost a year after Bermuda Gas exited its retail appliances business, the company is set to change hands. There will be no job losses. Rubis is the island’s leading importer of prop...

Cleaner and cheaper liquefied natural gas could be powering Bermuda inside four years, a report has revealed. Consultants Castalia said that electricity generation in Bermuda could be switched over to LNG by 2020 with a pricetag of between $258 milli...

An environmental charity has called on Government to help shoulder the cost of switching to green energy. And a Hamilton business representative has agreed that a financing structure to help swallow the bitter pill of upfront investment could encoura...

Green energy firm BE Solar is at the cutting edge of solar power — but the firm is 80-plus years old and a pioneer in the field of clean power. Part of the Bermuda Engineering Company, created in 1935, the founder Gordon Burland pioneered the first w...

The price of oil may have fallen worldwide, but for local consumers the cost of electricity will soon rise as a knock-on effect of the latest Budget. While motorists will pay a higher fee at the pumps, Belco’s customers will also pay for more for Cus...

Fuel prices have been raised in the Budget for the second year, meaning that come April the price of gasoline will have been hiked 13 cents per litre in just over a year. The duty on fuel, which went up by five cents in last year’s Budget, acquired a...

A brown tinge in their water supply has left residents of Mary Victoria Road wondering what is coming out of their taps. “My water has been going like this for about a month, maybe longer,” said Kent Phillips, who has lived in the Devonshire neighbou...

Researchers have identified how a specific strain of salmonella is getting into Bermuda’s drinking water system, prompting environmental health officials to reiterate advice on how to avoid getting ill. The research team, led by doctoral student Sher...

A businessman has launched a new water purification service for homes and commercial properties. Miguel Pereira — whose R&M Maintenance Group of companies already includes construction and landscaping arms — has expanded the business with new venture...