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Statoil makes gas discovery close to Aasta Hansteen field
Energy company Statoil made another gas discovery close to its Aasta Hansteen field in the Norwegian Arctic, further developing the gas resource in one of its largest ongoing projects, as it declared on Monday.
read more... 14/04/2015
Daily: British spot gas prices soar on supply shortfalls from Norway
Crude oil prices boosted on Thursday on optimistic German economic figures and continued uncertainty about an agreement on Iran’s nuclear program, despite a stronger dollar which slashed crude oil’s hike. Brent crude for May delivery increased by $1.02 to settle at $56.57 a barrel, having hit $58.02. U.S. crude for May delivery rebounded 37 cents to close at $50.79, after reaching $52.07. WTI crude's Tuesday close traded near $54, the highest level December 30.
read more... 10/04/2015
Oil discovery near Gatwick airport raises UK’s oil production hopes
A small British oil producer declared it had found a potential world class oil resource in the countryside to the south of London that might hold billions of barrels of oil.
read more... 10/04/2015
UK peak summer electricity demand expected to be lowest ever
Power demand on Britain's grid is expected to attain a maximum of 37.5 gigawatts (GW) this summer, the lowest ever forecast, because of increased private utilization of solar installations, as stated by National Grid on Thursday.
read more... 10/04/2015
First State envisages additional Germany’s small energy grids
Infrastructure investor First State Investments is searching to develop its presence in Germany's 1.7-million-kilometre network of regional electricity and gas grids.
read more... 10/04/2015