Global Energy Industry News

Insurance veteran to head British Gas

April 14, 2015
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Mark Hodges set to face political scrutiny in chief executive role at Centrica business Read full story ›

Source:: FT.com Oil and Gas […]

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Refineries revolution to spur use of oil products supertankers

April 10, 2015
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The rapid growth of mega refineries is prompting a new class of oil products supertankers, mirroring an earlier revolution in crude oil shipping, as traders look for scale that was previously not economically viable.

 

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Source: Reuters

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GLOBAL MARKETS-Oil surges on Yemen air strikes, stocks tumble

March 26, 2015
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(Updates ahead of U.S. market open) * Oil rises on fears of Middle East supply disruption * Stocks fall in Europe and Asia, energy stocks rise * Dollar retreats versus yen, euro; rouble gains * Wall Street set to open lower after three days of falls By Marc Jones and Nigel […]

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U.S. will work to ensure Bab-el-Mandeb strait remains open -U.S. general

March 26, 2015
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WASHINGTON, March 26 (Reuters) – The U.S. military will work with Gulf and European partners to ensure the strategic Bab el-Mandeb Strait at the tip of the Red Sea remains open to commerce despite fighting and instability in Yemen, the head of U.S. forces in the […]

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