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Industry News from Energy Services

  • February 27th, 2015

UK Awards £315m of Renewables Contracts

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. ›

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  • February 20th, 2015

Brussels investigates UK support for Lynemouth conversion to biomass

European Commission has raised concerns that subsidising imported biomass could distort market ›

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  • February 13th, 2015

Groningen gas output could fall below 50mcm/day on cap

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. ›

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  • February 6th, 2015

Most Volatile Oil Market Since 2009 Seen Persisting on Oversupply

The most volatile oil market in almost six years is set to continue seesawing as a global glut that drove prices lower last year persists for at least the first half of 2015. ›

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  • February 6th, 2015

Global LNG – Asia at discount to Europe for first time since 2011

Asian spot liquefied natural gas (LNG) prices slipped to a discount to European prices for the first time since 2011, as weak demand weighed, traders said on Friday. ›

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