Brent crude futures traded above $110 on Thursday following fresh concerns over supply disruptions from the Middle East, while rising debt crisis in the euro-zone spurred worries about demand and capped gains.
read more... 27/09/2012
The first electricity link between Ireland and UK has been officially opened and the deal between the two nations will become effective at the start of next month, enabling thus the UK to benefit from Ireland’s wind resources.
read more... 27/09/2012
Centrica, the parent company of British Gas, has inked a 3 year gas supply agreement with Gazprom.
read more... 27/09/2012
Brent crude dropped below 110 per barrel on Wednesday, pulled down by concerns that a fragile global economy could hit demand, although the risk of disruptions to supply from rising tensions between Iran and Western nations kept losses under control.
read more... 26/09/2012
The UK’s Institute of Directors (IoD) released a new report according to which shale reserves could create 35,000 jobs in the UK and provide a tenth of the country's gas supply for a century.
read more... 26/09/2012