DW asks why stocks have fallen so fast and what the UK will do to stay warm this winter.Plunging temperatures in recent weeks and the end of Russian gas deliveries via Ukraine have hurt gas inventories in the United Kingdom,
Britain's biggest gas supplier on Friday said UK storage levels are "concerningly low" owing to high demand caused by freezing weather and after Ukraine ended Russian gas transit to Europe.
Centrica’s Rough gas storage site ... in 2022 at lower capacity because of the global energy crisis that followed Russia’s invasion of Ukraine. The company said it could invest 2 billion pounds ($2.46 billion) to upgrade the site to maximum capacity ...
Centrica Plc says that the UK’s gas reserves are at “concerningly low” levels as freezing temperatures grip the country, boosting demand for heating.Most Read from BloombergWhat Robotaxis Brought San
UK gas stores have fallen to “concerningly low” levels amid freezing cold temperatures, the owner of British Gas has said. Centrica said the UK now has less than a week’s worth of demand for gas in store.
Gas inventory levels have come under pressure from the cold weather conditions and the end of Russian gas pipeline supplies through Ukraine at the end of last month. Centrica boss Chris O’Shea ...
The UK has less than a week of gas reserves, with storage at “concerningly low levels” amid a cold snap, said British Gas owner Centrica on Friday.
UK gas storage levels are “concerningly low,” amid an ongoing cold snap and surging natural gas prices that have impeded store replenishment, according to UK utility Centrica.
Centrica said the UK now has less than a week ... conditions and the end of Russian gas pipeline supplies through Ukraine at the end of last month. Natural gas accounted for 53% of power in ...
Rough stopped storing gas in 2017 but was reopened in 2022 at lower capacity amid the global energy crisis following Russia’s invasion of Ukraine. Centrica said it could invest 2 billion pounds ...
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DRW Holdings LLC’s European commodities trading unit is hiring Dale Gibbard, formerly of Millennium Management LLC, as the firm pushes to benefit from energy market volatility, according to people familiar with the matter.