Market Update - OPEC Ministers announce production cut
29th September 2016 | Posted by: Daniel Birkett | Industry News
OPEC members have agreed to a preliminary deal to cut output for the first time in eight years which has resulted in increased oil prices.
Market Update - Potential Penalty Charges during the Winter Period
23rd September 2016 | Posted by: Daniel Birkett | Industry News
Businesses which exceed their daily capacity could incur commercial penalty charges during the winter period.
Hinkley Point Approved
16th September 2016 | Posted by: Daniel Birkett | Industry News
The Government has approved plans for the £18bn Hinkley Point nuclear power station after imposing "significant new safeguards."
Market Update - Rising Rig Counts weighing on Oil Prices
12th September 2016 | Posted by: Daniel Birkett | Industry News
Crude oil prices display a sizeable loss this morning as oil drillers in the US continue to add more rigs, resulting in high levels of production.