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Poland might build a LNG terminal on the Baltic Sea by 2021

Earlier this week, Poland announced about its intention to build a second liquefied natural gas (LNG) terminal on the Baltic Sea by 2021 with an estimated investment of 700 million euros ($761 million), as a possible alternative to a scheduled gas pipeline to Norway.

read more... 29/03/2017

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Statoil purchases 12.5% of Dogger Bank offshore wind project

The Norway based company Statoil, recently announced about the intention to acquire 12.5% in the Dogger Bank offshore wind farm from Statkraft. The acquisition will increase Statoil participation in the 4.8GW offshore wind up to 37.5%.

read more... 27/03/2017

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Polish government-run PGNiG consolidates its position in Norway

Polish government-run PGNiG (Polish Oil and Gas Company) has acquired a share in the Storklakken oil field which was discovered in 2010 by Aker BP ASA. The deal is carrying out PGNiG’s strategy in increasing hydrocarbon production outside Poland.

read more... 24/03/2017

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Daily (23.03.2017): British prompt gas prices fall on oversupply from Norway

Oil prices recuperated much of their losses after decreasing to almost four-month lows on Wednesday, as data indicated that U.S. crude inventories rose faster than anticipated.

read more... 23/03/2017

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Poland: Baltic Pipe gas project to become operational by 2022

Poland's state-run oil and gas firm PGNiG is convinced that a new pipeline system to import gas from Norway via Denmark and the Baltic Sea will be ready by 2022.

read more... 15/03/2017

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