- April 17th, 2015
Shale Oil Boom Could End in May after Price Collapse
The shale oil boom that pushed US crude production to the highest level in four decades is grinding to a halt. ›
The shale oil boom that pushed US crude production to the highest level in four decades is grinding to a halt. ›
Electricity demand on the UK’s grid is likely to peak at 37.5 gigawatts (GW) this summer, the lowest ever forecast, due to increased private use of solar installations. ›
Some UK coal-fired power stations are at risk of shutting for the summer after the doubling of a carbon emissions levy hurt the profitability of plants run by utilities from EON, SSE to Iberdrola SA. ›
Centrica Plc will limit natural gas storage at the UK’s biggest facility for six months to test wells at the site 9,000 feet below the North Sea, cutting the amount of stored fuel available next winter by more than 10 percent. ›
Centrica Storage Ltd said on Friday that it had identified a potential issue with well integrity that could affect all wells at Britain’s biggest gas storage site, Rough. ›
The rebalancing of the oil market triggered by the collapse in prices has yet to run its course and it would be a mistake to assume it will proceed smoothly, the International Energy Agency has warned. ›
Reforms aimed at raising prices on Europe’s carbon market are likely to be agreed by the end of June at the latest, a senior official at the European Commission said on Wednesday. ›
The Department of Energy & Climate Change awarded contracts worth more than 315 million pounds to 27 projects, according to a statement released Thursday. The companies were vying for a maximum of 325 million pounds of annual funding as part of Britain’s effort to cut carbon emissions and boost cleaner forms of energy. ›
European Commission has raised concerns that subsidising imported biomass could distort market ›
Daily natural gas production from the Groningen field in the Netherlands could drop below 50 million cubic metres towards the end of Q2 2015, according to calculations based on the latest cumulative Dutch production data from operator GTS. ›