Latest news
Russia remains China’s largest crude oil source for 3rd year
China's dependence on imported crude oil has climbed to about 70 percent with Russia remaining the country's largest supplier for three consecutive years from 2016 to 2018, said an industry report.
read more... 25/03/2019
Daily (22.03.2019): NBP spot gas price dropped by almost 2% on Thursday, on robust supplies and milder weather
Crude oil prices slipped on Thursday, on weaker global demand and trade worries. However, losses were limited due to reduced global stocks, OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela. Brent oil dipped by 0.9% to $67.86 a barrel, while WTI futures edged 0.4% lower at $59.98 a barrel.
read more... 22/03/2019
Serbia's NIS, Swiss-based MET join forces in wind farm project
Switzerland-based MET Group said on Thursday its wholly-owned subsidiary MET Renewables and Serbian oil and gas group NIS have set up a joint venture for the construction of a 102 MW wind farm in northern Serbia.
read more... 22/03/2019
Construction Starts on Gazprom's Kharasaveyskoye Gas Field
Russian President Vladimir Putin has overseen the official start of the full-scale development of Gazprom's Kharasaveyskoye gas field on the Yamal Peninsula.
read more... 22/03/2019
Bosnia secures EBRD finance
The air quality in the Bosnian city of Zenica will improve “significantly” thanks to plans to replace a coal-fired power plant with a cleaner natural gas-fired combined heat and power plant, according to the European Bank for Reconstruction and Development (EBRD).
read more... 22/03/2019