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Industry News from Energy Services

  • February 24th, 2012

Gas Swings at Two-Year High Expose U.K.’s LNG Dependence: Energy Markets

Traders in U.K. natural gas are grappling with the most changeable prices in more than two years as investors weigh Britain’s growing dependence on imports and a waning ability to respond to surges in demand. ›

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  • February 24th, 2012

Oil Trades Near Nine-Month High After Iran Denies Access to UN Inspectors

Oil traded near a nine-month high after United Nations inspectors in Iran were denied access to a suspected nuclear site, raising concern that tensions between OPEC’s second-biggest producer and Western nations may escalate. ›

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  • February 10th, 2012

The worst February cold spell Europe has seen in decades may last until the end of the month

The worst February cold spell Europe has seen in decades may last until the end of the month, leading meteorologists said, raising the prospect of further deaths and an extended spike in European spot gas prices. ›

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  • February 6th, 2012

Crude Oil Decreases as Greece Wrestles With Agreement to Avert Default

Oil declined in New York on concern that Greece will fail to take sufficient steps to avert a default, threatening Europe’s economy and fuel consumption. ›

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