Press Association
Labour accuses Government of £1.7bn gas storage ‘mistake’
The closure and subsequent reopening of the UK’s largest gas storage site cost the country nearly £1.7 billion over two years, Labour has said.
The party has blamed the Conservatives for what it has labelled a costly mistake - and...
Bloomberg
BofA's Blanch Sees Inflection Point in Oil Market
Francisco Blanch, Bank of America's head of commodities research, discusses the outlook for the oil market with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The Close."
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Press Association
British Gas owner Centrica sees supply arm profits soar on price cap boost
British Gas owner Centrica has revealed that earnings at its retail supplier business soared by nearly 900% as it was handed a price cap boost of around £500 million.
The energy giant said underlying earnings at its gas and electricity...
Bloomberg
Daimler Truck CEO Isn't Afraid of the Transition to Electric Vehicles
Martin Daum, Daimler Truck CEO, says he isn't afraid of the transition to electric vehicles. The Germany manufacturer just announced a $2.2 billion share buyback. He speaks on "Bloomberg Markets."
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Bloomberg
EU's Sefcovic on Joint Gas Buying, Raw Materials, China
European Commission Vice President for Interinstitutional Relations & Foresight Maroš Šefčovič joins Bloomberg's Maria Tadeo to discuss the status of the European Union's joint gas purchasing scheme as well as the importance of critical...
Bloomberg
UAE Won't Join Oil Production Cuts For Now
The United Arab Emirates won't be making further voluntary OPEC+ oil production cuts at the present time, said the country's energy minister. Saudi Arabia and Russia say they're keeping their fresh cuts in place. Bloomberg's Manus Cranny...
Bloomberg
China Restaurant Gas Blast Kills at Least 31 People
A gas explosion at a restaurant in northwestern China on Wednesday night has left at least 31 people dead. The tragedy occurred at a barbecue establishment in Yinchuan, capital of the Ningxia region, after liquefied petroleum gas leaked,...
Bloomberg
IEA Chief Sees Tight Second-Half Oil Market Even With 'Sluggish' China
"Given the cuts some of the producing countries are going to carry out, we may see some tightness in the markets in the second half." International Energy Agency Executive Director Fatih Birol discusses the outlook for oil. He also talks...
Bloomberg
Magellan Midstream CEO on 'Compelling' Oneok Deal
Magellan Midstream Partners President and CEO Aaron Milford discusses the rationale for combining with Oneok, the tax implications of the deal and the outlook for industry consolidation with Romaine Bostick and Scarlet Fu on "Bloomberg...
Bloomberg
Saudi Arabia Shouldn't Worry About Oil Speculators, Sankey Says
Russia is a bigger threat to Saudi Arabia when it comes to oil prices and not oil speculators, says Paul Sankey, a veteran industry analyst. He's on "Bloomberg Surveillance."
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Press Association
Public urged to avoid harbour after oil leak causes major incident
Members of the public have been urged to avoid using the water and beaches within Poole Harbour in Dorset after an oil leak led to a major incident being declared.
Poole Harbour Commissioners, which regulates activities in the harbour,...
Getty Images
Young galaxies clearing the hydrogen fog from space in the early universe.
In the first billion years or so of the existence of the universe, the space was filled with an opaque fog of hydrogen, which interacted with the light emitted by young galaxies. Over time, radiation from the first generation of stars...
Getty Images
Montage 1 of 2: 1966 Pure Oil Performance Trials
MS Pure Oil flag flying / MS ice chest filled with jugs of gasoline; hand reaches in, grabs one jug / CU hand grabs glass jug of gas / CU glass jug of gas on asphalt; man screws spout onto jug / CU jug of gas near AMC Rambler American...
Getty Images
Petroleum Industry Oil Refinery Plant Gas Fire Flame
Petroleum Industry Oil Refinery Plant Gas Fire Flame
Getty Images
Helix nebula (NGC 7293).
This is a planetary nebula, a series of shells of gas cast off from a Sun-like star towards the end of its life. The outer layers of the star expand as the core contracts, and they are cast off into space as the core becomes unstable and...
Getty Images
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Getty Images
Smoking stack of the thermal power station against a gray sky. Smoking stacks of thermal power station.
Smoking stack of the thermal power station against a gray sky. Smoking stacks of thermal power station.
Getty Images
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Getty Images
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Smoking stack of the thermal power station against a blue sky. Smoking stacks of thermal power station.
Getty Images
Animation of black hole In space
Animation showing ring of gasses circling a black hole
Getty Images
Horsehead nebula, optical image. North is at left.
The Horsehead nebula (centre) is formed by the dark nebula B33 blocking the light from the bright red emission nebula IC 434 behind it. The emission nebula glows as the hydrogen it contains is ionised by the radiation from hot young...