UK energy statistics: 2014 and 4Q14
The Department of Energy and Climate Change has released its latest UK energy statistics for 2014 and 4Q14.
The Department of Energy and Climate Change has released its latest UK energy statistics for 2014 and 4Q14.
While eliminating the US export ban would narrow the Brent - WTI differential, it would unlikely transform the supply outlook.
The drop in oil prices beginning in June 2014 has had a major effect on drivers’ use of their vehicles.
After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million bbls on 13 March.
Whilst the low price of oil provides challenges for sections of the energy industry, for storage it presents a major opportunity.
A new education module has been developed for first responders to better prevent, mitigate and respond to derailments of trains carrying crude oil.