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Energy Services News

  • June 25th, 2014

U.K. Gas Decline May Slow as Interconnector Starts

The reopening of a link between Britain and Belgium may help slow declines in U.K. natural gas prices this week as maintenance starts on the only natural gas pipeline directly from Russia to Germany. ›

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  • June 20th, 2014

Will ISIS push oil prices to critical point?

Escalating violence in the Middle East could impact global economic activity as oil prices continues to climb. ›

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  • June 6th, 2014

Europe Faces Green Power Curbs to Stop Grids Overloading

Europe’s drive toward a power system based on renewable energy has gone so far that output will probably need to be cut within months because of oversupply. ›

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  • May 30th, 2014

Ukraine: the real energy crisis starts in June as Russia plans to reduce gas supply

Kiev is feeling emboldened by the successful election of new Ukrainian president Petro Poroshenko and a bloody surge against separatists in the east but in just a few days, Russia says it will twist the gas spigot, and there’s very little Kiev can do to stop that. ›

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  • May 23rd, 2014

Norway can’t meet any winter Russian gas shortfall: Statoil executive

Norway will have only limited scope to increase its gas deliveries to Europe this winter in the event of disruption to Russian supplies as a result of the Ukraine crisis, a senior Statoil executive said Tuesday. ›

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  • May 16th, 2014

UK’s oil, coal and gas ‘gone in five years’

In just over five years Britain will have run out of oil, coal and gas, researchers have warned. ›

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  • May 9th, 2014

UK energy too cheap, says study

Newcastle University academics argue ‘fragmented’ energy sector needs a strategic authority to ensure energy security ›

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  • May 2nd, 2014

Ukraine Widening U.K. Gas Spread Set to Boost Inventories

European natural gas injections may accelerate as warmer than usual weather and fears of disruptions via Ukraine make it more profitable to store the heating fuel, according to analysts. ›

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  • 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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