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UK's Centrica buys into Norwegian gas fields in $375 million deal
UK's Centrica has bought stakes in Norwegian gas fields for the first time, in a deal with Marathon Oil for a package of oil and gas assets, the UK company said Wednesday. Centrica paid GBP190 million...More...
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Swaps sellers aim to sustain tanker earnings amid rising fuel costs
Freight forward agreements (FFAs) on crude tankers for the coming year have gained upward momentum as swaps sellers aim to sustain tanker earnings amid rising costs for bunker fuel Forward Curve Freight Rates and players extrapolate the unprecedented strength of spot freight rates into the future, industry sources said. Read more...

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Electric Power DailyFERC urged to support wholesale demand-side resources
The Federal Energy Regulatory Commission must adopt wholesale market rules that support the technical needs of demand-side resources, including smaller providers, just as market rules allow for various types of generating technologies, a coalition of environmental and public interest groups have told the agency. More...

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