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Industry News from Energy Services

  • August 22nd, 2014

U.K. Natural Gas Trading Signals Ukraine Supply Concerns

Traders are bracing for higher European natural gas prices as the worsening conflict between Russia and Ukraine threatens to disrupt supplies of the fuel this winter. ›

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  • August 15th, 2014

Spot LNG prices rebound as buyers

Spot prices of LNG have begun to rebound with the Platts Japan Korea Marker for September delivery gaining $0.30/MMBtu over two days, rising from $10.525/MMBtu on August 7 to close at $10.825/MMBtu on Monday. ›

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  • August 8th, 2014

UK Winter gas gains 4% as Ukraine mulls cutting Russian EU supplies

Gas for Winter delivery in the UK saw intraday gains of more than 4% Friday as the market reacted to news that Ukraine may block flows of Russian gas through its territory. ›

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  • August 8th, 2014

UK GAS-Winter prices rise on Russian supply fears

British natural gas prices for delivery next winter rose 2 percent early on Thursday on fears that escalating tension between Russia and Europe could lead to disruptions of gas supply later in the year. ›

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  • August 1st, 2014

EU Power Set for Biggest Gain in 10 Months Amid Russia Sanctions

European power prices for next year are headed for the biggest monthly gains since September amid concern sanctions against Russia will boost the cost of coal and gas, raising production costs at utilities. ›

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