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Daily: UK prompt gas extend losses on warmer weather

Brent crude oil futures dropped on Wednesday, pulled down by a steep sell-off in U.S. gasoline futures after a U.S. government report indicated a surprisingly build in domestic gasoline inventories, while a strong U.S. equities market brought oil prices some support. Meanwhile, U.S. crude oil prices moved independently and posted a gain on the day, at one point gaining more than 60 cents from Tuesday's close.

read more... 11/04/2013

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Gazprom and Gasunie to extend Nord Stream to the UK

Russia’s gas giant Gazprom and the Dutch major Gasunie have inked a letter of intent as to explore the potential expansion of the Nord Stream pipeline to Britain.

read more... 10/04/2013

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Daily: UK gas prices increase slightly on lower temperatures, low storages

Brent crude shed toward $110 a barrel on Wednesday, declining for a second straight day as increasing oil inventories in the United States and recent pessimistic data fuelled worries about demand from the world's top consumer. U.S. crude oil prices were under pressure on worries about a prolonged pipeline outage in the Midwest.

read more... 04/04/2013

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Vestas to supply wind turbines for the largest wind power plant in Ukraine

Vestas Wind Systems A/S, the Danish manufacturer of wind turbines, has inked a contract to supply wind turbines to the Botievo II project in Ukraine from energy firm DTEK.

read more... 04/04/2013

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UK to boost its oil and gas sector

The UK has recently unveiled its plans to bolster the nation’s oil and gas sector as the net energy imports last year increased to their record levels since 1976 due to a sharp decrease in domestic production.

read more... 03/04/2013

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