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Industry News from Energy Services

  • November 2nd, 2016

Oil prices fall for fourth day after stockpile build

Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile figures later in the day after less comprehensive industry data showed a surprise build in inventories. ›

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  • November 1st, 2016

UK Power: Margin concerns, cold snap forecast bolster UK prompt prices

UK day-ahead power contracts rallied on Tuesday as supply margin concerns in UK and the neighboring French market coupled with the expected onset of a cold snap drove prompt market higher, sources said.

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  • November 1st, 2016

End of British summer time triggers National Grid warning system

Capacity market notice used for first time as clocks change and unexpected outages put extra pressure on UK power network ›

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  • November 1st, 2016

Poland accelerates Norway gas link plans after EU’s Gazprom decision

Poland will accelerate plans to build a gas link to Norway in response to the EU decision last week to lift a cap on Gazprom’s use of the Opal pipeline in Germany, a Polish government official said, calling the move a political one. ›

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  • November 1st, 2016

Shutdown of UK’s main gas storage site extended after technical problems

Britain’s only long-term gas storage site has suffered further technical problems, raising the prospect of higher prices this winter. ›

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  • November 1st, 2016

UK Continental Shelf oil and gas exploration licenses attract 29 bids

The UK Oil and Gas Authority (OGA) has received 29 bids for new licenses to drill offshore oil and gas in the UK Continental Shelf (UKCS). ›

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