EU approves INEOS’s acquisition of DONG E&P 🔓

June 23, 2017 0

INEOS’s $1.3 billion acquisition of all DONG Energy’s assets in the North Sea has been cleared by the European competition watchdog in less than a month since the transaction was announced, Kallanish Energy reports.

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Centrica sells two CCGT power plants in UK

June 22, 2017 0

UK’s utility company Centrica, also owner of British Gas, announced on Wednesday it’s selling two combined cycle gas turbine (CCGT) power stations to EP UK Investments (EPUK) for £318 million ($402 million) in cash, Kallanish Energy learns.

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Centrica to shut UK’s Rough gas storage unit 🔓

June 21, 2017 0

The UK’s largest natural gas storage facility, Rough, will be permanently shut down, following negative results from an extensive wells testing program, which had already delayed injection operations to May 2018, Kallanish Energy reports.

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UK shale industry gaining momentum: IGas 🔓

June 16, 2017 1

The UK shale industry is gaining momentum as oil and gas explorers Cuadrilla and Third Energy also move closer to drilling their wells, IGas Energy’s CEO Stephen Bowler said on Wednesday in an update to the market.

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UK nuclear industry wants government on the job ASAP

June 13, 2017 0

The UK nuclear industry has voiced its concerns following the results of last week’s general elections which left the country without a government, and urged the next administration to return to business as quickly as possible, Kallanish Energy learns.

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UK’s renewables set new grid record 🔓

June 9, 2017 0

The UK electricity grid has set a new record on Wednesday, when renewable and nuclear energy generated more power than fossil fuels combined, Kallanish Energy learns from the National Grid.

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UKOOG warns about UK’s gas import dependence

June 6, 2017 0

The UK onshore oil and gas industry trade body, UKOOG, said Monday the current political situation regarding Qatar and its Middle Eastern neighbors shows why the UK needs to “urgently get on with developing the extensive gas resource beneath our feet.”

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