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Increasing consumption boosts gas transit via Slovakia

Slovak natural gas transmission system operator Eustream has been boosting the volume of gas shipped across Slovakia year after year.

read more... 28/09/2018

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Daily (27.09.2018): NBP gas contracts lost around 3% on Wednesday, due to warmer weather and an oversupplied system

Oil crude prices lost momentum on Wednesday after U.S. data revealed higher-than-expected domestic crude inventories. Moreover, the U.S. officials promised investors that the oil market will not experience supply shortages and Trump has once again urged OPEC to pump more oil in his speech at the United Nations on Tuesday. Nevertheless, a substantial drop in Iranian exports kept Brent price above $80.   U.S. West Texas Intermediate (WTI) crude futures plunged by 1% down, or 71 cents, to settle at $71.57 a barrel. Meanwhile, Brent crude edged 0.7% down at $81.34 a barrel. 

read more... 27/09/2018

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Pakistan and Russia to sign $10bn offshore pipeline deal

The Gazprom headquarters in Moscow. In a major breakthrough, Pakistan and Russia are set to sign a $10bn offshore gas pipeline deal today in Moscow, a project planned by the latter to capture the energy market of Pakistan.

read more... 27/09/2018

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Innogy primed for Oz mega-solar

German energy company Innogy has taken a final investment decision for the 349MW Limondale solar farm in the state of New South Wales, Australia.

read more... 27/09/2018

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Regulator approves BP’s £200 million development of Vorlich field

BP have been given approval to drill in the Vorlich field in the central North Sea.

read more... 27/09/2018

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