Latest news
Daily (25.04.2019): NBP spot spiked by around 15% on Wednesday due to rising consumption
Oil prices were mixed on Wednesday. Brent crude edged 0.1% up at $74.57 a barrel, due to ongoing worries that global oil supply would decline after the termination of U.S. sanction waivers on Iranian oil imports on May 1. In the meantime, WTI futures traded 0.6% down at $65.89 a barrel, weighed by stronger U.S. crude production and stocks.
read more... 25/04/2019
Romania's Delgaz Grid to invest 250 mln lei (53 mln euro) in smart grids
Romanian electricity and gas distribution company Delgaz Grid said on Tuesday it plans to invest over 250 million lei ($59 million/53 million euro) in smart grids in northeastern Romania in the coming years.
read more... 25/04/2019
Poland sets plan to install new LNG import terminal in 2024-25
Poland is planning to install an LNG floating storage and regasification unit (FSRU) in the Bay of Gdansk by 2024-25 to meet growing Polish and regional gas demand, Piotr Naimski, the government's adviser on strategic energy infrastructure projects, said Wednesday.
read more... 25/04/2019
Vestas gets 132-MW turbine order from auction winner in Poland
Danish turbine manufacturer Vestas Wind Systems A/S has received a 132-MW order for the Jasna wind project in Poland’s Pomerania province.
read more... 25/04/2019
Daily (24.04.2019): The energy complex returned to pre-Easter holidays levels on Tuesday due to firmer demand
Oil prices continued their upward trend on Tuesday, as sanction waivers on Iranian oil imports will stop on May 1. However, U.S. officials consider that increasing U.S. crude production along with supplies from supportive Saudi Arabia and United Arab Emirates are enough to cover global demand. As a result, Brent crude traded 0.6% higher at $74.51 a barrel, while WTI futures rose by 1.1% to $66.30 a barrel.
read more... 24/04/2019