"Lel Bruce Peto" updating more energy news...

S Korean SK Global's domestic creditors agree to keep firm
afloat
Domestic creditors of South Korean conglomerate SK group's
debt-ridden trading arm SK Global Tuesday voted in favor of
keeping the company afloat by rescheduling its debt and
converting some of the loans to equity. 

Volatile prices reduce UK gas for power sales
Volatile spot gas prices helped to reduce gas sales to UK
power stations in March, according to the latest Department
of Trade and Industry figures.
 
European energy companies to focus on services, not trade:
study; Energy trading companies across Europe are to focus on
services rather than pure trading in the foreseeable future,
according to a European-wide study.


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