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
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
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
Norway's central bank, which manages the country's $900 billion wealth fund, has blacklisted another 10 companies because they use or produce coal, excluding them from its investment.
read more... 10/03/2017
The EU will grant €10 million (£8.45m) to part fund the development of a power interconnector between Scotland and Norway, called Northconnect.
read more... 28/02/2017