Global Energy Industry News

UPDATE 1-Britain increases renewable subsidy budget to 300 million pounds

October 2, 2014
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(Adds industry figures on impact on new generation, details on solar)

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Source: Reuters UK Natural Resources […]

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Which are the best positioned oilfield service companies towards 2017?

October 2, 2014
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As EP companies play out their lower cards it is interesting to see subsea service companies to come up trumps. Companies like FMC Subsea 7 and Cameron are expected to ride the subsea wave with a m

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Source: Oil Voice […]

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OPEC oil output hits highest since 2012 on Libya, Saudi-Reuters Survey

September 30, 2014
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LONDON, Sept 30 (Reuters) – OPEC’s oil supply jumped to its highest in almost two years in September, a Reuters survey found, due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub-$100 per barrel oil prices […]

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Europe LNG terminal capacity seen ample if Russian gas flows stop

September 30, 2014
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* Lack of infrastructure prevents perfect LNG distribution

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Source: Reuters UK Natural Resources […]

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