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The UK may lose a large part of its gas storage, but does it matter?

It went largely unnoticed by the general media, but last week there was a significant announcement for the UK gas industry.

Oil ETF investors, not just OPEC, hold sway over crude market

NEW YORK, March 24 (Reuters) - Tumult in Libya, U.S.

California first state to generate more than 5% of electricity from utility-scale solar

(Tue, 24 Mar 2015) California has become the first state with more than 5% of its annual utility-scale electricity generation from utility-scale solar power, according to EIA's Electric Power Monthly. California's utility-scale (1 MW or larger) solar plants generated a record 9.9 million megawatthours (MWh) of electricity in 2014, an increase of 6.1 million MWh from 2013.

UPDATE 1-Oil drops as Saudi output nears record, China demand worries drag

* Refinery margins to deteriorate in second half of year -FGE (Adds comment, Saudi output; updates prices)

Oil prices drop as China factory activity falls to 11-mth low

* Refinery margins to deteriorate in second half of year -FGE

Amec Foster Wheeler to provide technical services to Orpic's industrial plants in Oman

Oman Oil Refineries and Petroleum Industries (Orpic) has awarded a three-year technical services contract to UK-based Amec Foster Wheeler for four of its industrial facilities in Oman.

Indorama acquires Canadian PTA petrochemical business from Cepsa

Intermediate petrochemical manufacturer Indorama Ventures has acquired purified terephthalic acid (PTA) petrochemicals business of Cepsa Química in Canada.

UPDATE 1-Whiting Petroleum to offer 35 mln shares to reduce debt

WILLISTON, N.D., March 23 (Reuters) - Whiting Petroleum Corp , the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil & Gas.

BP drops out of conservative ALEC policy group

WASHINGTON, March 23 (Reuters) - Oil company BP said on Monday it has stopped supporting conservative political group ALEC, becoming the latest corporation to end its membership in a group critics say works to deny the existence of climate change.

Whiting Petroleum to offer 35 million shares to reduce debt

WILLISTON, N.D., March 23 (Reuters) - Whiting Petroleum Corp , the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help cull its $5.63 billion debt load.

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