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Rough storage site to close permanently

20th June 2017 | Posted by: Daniel Birkett | Industry News

Centrica has decided to close the Rough storage facility on a permanent basis following extensive safety tests.


Oil prices fall back below $50 a barrel

Oil prices fall back below $50 a barrel

2nd June 2017 | Posted by: Daniel Birkett | Industry News

Oil prices have decreased by around 2% with the US withdrawal from climate commitments and strong oversupply dictating the market.


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DONG Energy sell oil and gas arm to Ineos

25th May 2017 | Posted by: Daniel Birkett | Industry News

Danish utility giant and wind farm developer, DONG Energy has announced the sale of its oil and gas business for $1.3bn.


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Plans for large-scale battery storage at Welsh wind farm

24th May 2017 | Posted by: Daniel Birkett | Industry News

Vattenfall have proposed plans to install large-scale battery storage at the Pen y Cymoedd wind farm.


Saudi Arabia and Russia agree to extend oil production cuts

Saudi Arabia and Russia agree to extend oil production cuts

15th May 2017 | Posted by: Daniel Birkett | Industry News

Saudi Arabia and Russia have agreed to an extension which will see oil production capped until March 2018.