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Saturday, 4th July 2009

Energy & Utilities

Oil surge blamed on rogue trader A ROGUE trader has been blamed for a spike in the price of oil on Tuesday. Crude oil rose $2 to $73 a barrel at one point as trading levels rose many times higher than normal.

Oil price high caused by slick rogue trader Bet on Brent market saw rates rise from $71 to $73.50 in hour

Tax breaks worth £100m to Venture VENTURE Production praised the government's recent North Sea tax-break programme yesterday, claiming it could benefit by up to £100 million.

Wood Group warns on oil sector spend WOOD Group, the oil services giant, warned yesterday that the recent rise in crude oil prices had not led to a rise in investment in the sector.

Aggreko powers up Saudi Electric deal

Telecoms boss named as new BP chairman

One to watch

Drax in £100m cash call to prop up ratings

Venture sees savings in pipeline

Thames Water warning despite £435m profit

Centrica eyeing hostile Venture bid

China dashes hope of quick Ineos oil deal

Candover offloads Wood Mackenzie

Senergy makes a break for expanding Middle East renewables

Takeover rumours centre on Dana

Moroccan black gold scored for Serica

Expert: Tax breaks will create 50 new oil fields in North Sea

Venture hopes for quick announcement by Centrica on bid

Oil workers to fight sackings

PetroLatina reports sharp rise in oil production

DPM in £850,000 deal to supply Aquacubes to Danes

Sutherland in frame for BP chairman job

Darling's oil price warning

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