Polish Oil and Gas (PGNiG) and Pakistani gas producer Mari Petroleum (MPCL) have agreed on a memorandum of understanding (MOU) for bilateral cooperation in the upstream section within and outside of Pakistan.
read more... 20/03/2018
The European Investment Bank (EIB) Board decided to provide a loan estimated at EUR 932 million for the 1850 km Trans-Anatolian Pipeline (TANAP) to transport natural gas from Azerbaijan’s Shah Deniz-2 gas field to Europe.
read more... 16/03/2018
France’s Areva and Germany’s Siemens will make a payment of 450 million euros (£400 million) for cost overruns and postponements at a nuclear reactor which they are constructing for Teollisuuden Voima (TVO) in Finland, settling a long-running dispute.
read more... 12/03/2018
Oil prices decreased on Thursday, due to a stronger dollar, signs of an inventory build at the U.S. storage hub in Cushing, Oklahoma, growing U.S. crude production and investors’ agitation about a likely trade war.
read more... 09/03/2018
Oil prices declined on Wednesday as financial markets slipped amid reduced worries that Washington's plans for import tariffs could spur a trade war, and after U.S. government data showed a hike in crude inventories and production.
read more... 08/03/2018