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Energy Services News

  • September 5th, 2014

Nuclear Reactors May Be Offline Until 2015

As National Grid hunts extra winter electricity, it is feared four crucial nuclear reactors may be offline until the year’s end. ›

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  • 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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  • July 22nd, 2014

UK autumn gas prices to rise due to maintenance, Ukraine risk

British natural gas prices for delivery in late summer and autumn are set to rise in coming weeks as large-scale North Sea maintenance makes it more difficult for utilities to stock up on reserves ahead of peak demand in winter. ›

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  • July 18th, 2014

UK’s Rough gas storage could be full by end of August

Easington Rough, the UK’s largest gas storage facility could be full by the end of August if recent injection rates are maintained, an analysis of National Grid data showed Friday. ›

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  • July 2nd, 2014

El Nino weather phenomenon will strike this year, Met Office warns

The world is almost certain to be struck by the “El Nino” phenomenon this year, with the potential to induce “major climactic impacts” around the world, the Met Office has warned. ›

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  • July 2nd, 2014

Ofgem eases UK winter electricity capacity margin fears

British energy regulator Ofgem expects electricity capacity margins for the upcoming winter to be less tight than in earlier forecasts, according to its latest capacity assessment published on Monday. ›

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