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Industry News from Energy Services

  • July 22nd, 2014

UK autumn gas prices to rise due to maintenance, Ukraine risk

British natural gas prices for delivery in late summer and autumn are set to rise in coming weeks as large-scale North Sea maintenance makes it more difficult for utilities to stock up on reserves ahead of peak demand in winter. ›

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  • July 18th, 2014

UK’s Rough gas storage could be full by end of August

Easington Rough, the UK’s largest gas storage facility could be full by the end of August if recent injection rates are maintained, an analysis of National Grid data showed Friday. ›

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  • July 2nd, 2014

El Nino weather phenomenon will strike this year, Met Office warns

The world is almost certain to be struck by the “El Nino” phenomenon this year, with the potential to induce “major climactic impacts” around the world, the Met Office has warned. ›

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  • July 2nd, 2014

Ofgem eases UK winter electricity capacity margin fears

British energy regulator Ofgem expects electricity capacity margins for the upcoming winter to be less tight than in earlier forecasts, according to its latest capacity assessment published on Monday. ›

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