The UK’s premier business lobbying organization, the CBI, has called on the business world to “turn up the volume” in the debate about the country’s relationship with Europe. A referendum is expected by 2017 to decide whether or not there should be a British exit (or “Brexit”) from the European Union. But how could this impact the electricity and gas market?
By Alex Froley | May 27, 2015 11:21 AM Comments (0)
By Ashok Dutta | May 26, 2015 08:08 AM Comments (1)
The Canadian oil patch is undergoing an existential moment as low oil prices have scared off investors and thrown the future of further oil sands projects into disarray.
By Brian Scheid | May 26, 2015 07:46 AM Comments (0)
For years, legislative efforts to give coastal states a larger share of offshore drilling revenue have brought the Senate Energy and Natural Resources Committee “to a standstill,” Washington Senator Maria Cantwell, the committee’s top Democrat said at a hearing last week.
By Eklavya Gupte | May 25, 2015 12:01 AM Comments (5)
Nigeria and Angola, both situated on the west side of Africa, are two of biggest producers in the region, but the crudes from these two countries have treaded divergent paths in the past year, despite a lot of similarities.
By Frank Watson | May 22, 2015 06:00 AM Comments (6)
Pope Francis is set to weigh in on the climate change debate in what has already caused a considerable buzz in the media, by equal measure prompting cheers from the green lobby and irritation among climate skeptics, even before the message has been released.
By Alex Froley | May 22, 2015 12:01 AM Comments (1)
The strongest year for European gas demand since the 2008 financial crisis was 2010, a year impacted by the El Niño weather phenomenon. With international weather agencies now identifying the signs of the first El Niño conditions since 2010, could this be a sign of a cold winter ahead, and strong gas demand to come?
By Joseph Innace | May 21, 2015 12:01 AM Comments (0)
The world’s next ‘leap second’ event will occur on June 30, 2015 — and, for the first time ever, according to the Futures Industry Association (FIA), it will happen “during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.”
By Michael McCafferty | May 19, 2015 12:01 AM Comments (0)
The US dollar has fallen sharply over the past few months following an impressive push upward for nearly a year. This reversal has helped propel crude prices upward and, in turn, petrochemical prices — a relationship that occurs because crude and many other commodities are priced in US dollars. A weaker dollar means you need more of them to buy a barrel of crude, a bushel of wheat or a bag of polyethylene.
By Robert Perkins | May 18, 2015 12:01 AM Comments (0)