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Energy Industry Glossary

Our Energy Industry Glossary: A useful list of important key words and their meanings that are associated with the Energy Procurement industry.

Glossary

Latest News from Energy Services

Oil prices rise on reports of new US sanctions on Russia, Venezuela blockade

Oil prices rose on Thursday following reports that the U.S. was preparing new sanctions on Russian oil if Moscow does not agree to a Ukraine peace deal, as market participants assessed the supply risks posed by a blockade of... Read more

Oil jumps 1.5% as Trump’s Venezuela blockade stokes uncertainty

Oil prices rose more than 1% on Wednesday after U.S. President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand.... Read more