General – Venezuela
Reuters reports that Venezuela’s state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity.
[Read more…] about Venezuela moves to cut oil output due to US export embargoCentrica boosts UK gas storage for next winter
General – Storage Capacity UK
Centrica said on Friday it had increased storage capacity at the UK’s largest gas storage facility to 54 billion cubic feet (bcf) to help boost resilience next winter, warning gas markets remain volatile.
[Read more…] about Centrica boosts UK gas storage for next winter