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FTSE 100 falls as banks and oil firms drop

2016-11-28 10:10:46| BBC News | Business | UK Edition

London's benchmark share index opens lower, with banks and oil firms among the main fallers.

Tags: oil drop falls banks

 

Could depleted oil wells be the next step in energy storage?

2016-11-28 01:00:00| Power Technology

Quidnet Energy is hoping to revolutionise energy storage with its underground pumped hydro concept, which uses abandoned oil and gas wells to store and release pressurised water, driving turbines and feeding electricity back into the grid. How does t

Tags: step energy storage oil

 
 

Australian Oil & Gas investment: down and out down under?

2016-11-28 01:00:00| Offshore Technology

The Australian governments latest oil and gas exploration expenditure is grim reading for industry, showing that the number of exploration wells drilled offshore is at its lowest in nearly 20 years. Continued low oil prices explain some of the decli

Tags: out under down investment

 

Oil prices gain over prospects of production cuts

2016-11-28 01:00:00| Offshore Technology

Oil prices have recovered after dropping by around 2% in early trading as the market is struggling with prospects that major producers will agree to production cuts to control the global glut.

Tags: prices production gain oil

 

Report: Midstream oil and gas contract activity in October concentrated in the Americas

2016-11-25 01:00:00| Hydrocarbons Technology

The oil and gas contract activity in the midstream sector was concentrated in the Americas during the month of October, according to a report by GlobalData.

Tags: the report october activity

 

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