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Industry News from Energy Services

  • October 29th, 2012

Oil Drops Below $109 as Hurricane Sandy Shuts Refineries

Brent crude oil fell below $109 a barrel on Monday as refineries along the U.S. East Coast wound down operations ahead of the approach of Hurricane Sandy, reducing crude use in the world’s largest oil consumer. ›

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  • October 5th, 2012

OFGEM warns of dwindling UK power capacity

It has been said in a report on Friday that Britian faces a potential shortfall in electricity generation in the next three to four years. ›

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  • October 5th, 2012

Norway may send more gas to UK, Europe take more Russian

Analysts said on Monday that Britain may receive more Norwegian gas in the 2012/13 gas year as continental European customers take more Russian supplies, which became more competitive following contract negotiations during the past months. ›

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