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Industry News from Energy Services

  • April 25th, 2014

Europe braces for gas showdown with Russia, helped by Japan’s nuclear restart

European regulators and power companies are battening down the hatches in case the crisis escalates. ›

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  • April 16th, 2014

European energy bills to cost an extra €17 billion by 2015

Energy will cost European businesses an extra €17 billion (£14 billion) by 2015, with the closure of old power stations, tighter environmental legislation and fluctuation in feedstock costs among the causes. ›

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  • April 11th, 2014

Russia warns Europe of gas supply cuts over Ukraine debt

President Vladimir Putin warned European leaders on Thursday Russia would cut natural gas supplies to Ukraine if it did not pay its bills and said this could lead to a reduction of onward deliveries to Europe. ›

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  • April 4th, 2014

UK could produce shale gas in 4 years in emergency

Shale gas production in Britain could begin within four years if the current crisis in Ukraine escalates to such an extent that a national state of emergency is declared, the chief executive of Cuadrilla Resources said. ›

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