Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: July 2020

Oil Producers Hope to Bounce Back from COVID-19

As areas of the British economy reopen following the Coronavirus pandemic, oil producers continue to face depressed prices. The unprecedented impact of COVID-19 on the global economy, specifically oil and gas sectors, forced large producers such as BP and Shell to reduce the value of their assets by tens...

July Markets Update

Gas Market close data on 30th June revealed that the 1-year forward price for commercial gas closed at 32.75ppt, a rise from last month which saw it closing at 30.08ppt. LNG prices increased towards the end of June, as a major gas producer in the US filed for bankruptcy....