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Industry News from Energy Services

  • September 20th, 2017

EUROPE POWER-Spot mixed as German wind power drops, French demand weakens

European prompt power prices were mixed on Wednesday. German electricity rose as wind power generation was expected to fall again while prices in France dropped on expectations high temperatures would curb demand. ›

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  • September 20th, 2017

UK GAS-Prompt prices slip in balanced market

Prompt British wholesale gas prices fell on Wednesday morning, as flows rose through Britain’s main import pipeline with Norway leaving the British gas market balanced. ›

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  • September 20th, 2017

Oil Advances on Signs U.S. Stockpile Gains Eased After Harvey

Oil rose on signs the pace of U.S. stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand. ›

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  • September 19th, 2017

EUROPE POWER-Curve prices up as French regulator widens reactor checks

European power curve prices rallied on Tuesday after French regulator ASN said it will widen checks on certain reactor components, raising concern about a possible repeat of last winter’s supply tightness. ›

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  • September 19th, 2017

French nuclear regulator investigations fuel winter supply doubts

France could face a second winter of tight power supply as nuclear reactors undergo a review of hundreds of components and increased scrutiny demanded by the country’s watchdog.  ›

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  • September 19th, 2017

UK GAS-Prompt prices drop back after previous day’s jump

British prompt gas prices fell 5 percent on Tuesday, dropping back after the previous day’s rally on an anticipated fall in imports from Norway. ›

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  • September 19th, 2017

Oil Rises Above $50 as Iraq Raises Prospect of More OPEC Action

Oil extended gains above $50 a barrel in New York as Iraq raised the prospect of OPEC taking further steps to clear a global supply glut. ›

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  • September 18th, 2017

EUROPE POWER-Strong demand lifts day-ahead electricity prices

European spot electricity prices for next-day delivery rose on Monday, buoyed by an expected increase in consumption, while power output from wind and solar sources was mixed. ›

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  • September 18th, 2017

UK GAS-Tight supply widens spot gas premium over forwards

British prompt gas prices rallied on Monday morning as sharp declines in Norwegian supply and higher demand left the transmission system heavily undersupplied. ›

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  • September 18th, 2017

Oil Holds Advance Near $50 as U.S. Drillers Idle More Crude Rigs

Oil held gains near $50 a barrel as the U.S. rig count dropped the most since January after a record expansion earlier this year. ›

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