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Industry News from Energy Services

  • March 27th, 2015

UK’s Biggest Gas Storage Site Cuts Capacity for Six Months

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. ›

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  • March 23rd, 2015

Centrica’s UK gas storage site has potential issue with well integrity

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. ›

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  • March 16th, 2015

International Energy Agency (IEA) warns of more oil price volatility

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. ›

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  • March 6th, 2015

EU Carbon market reforms likely to be agreed by end of June

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. ›

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