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Polish gas giant PGNiG signs deal for long-term LNG deliveries from US
Polish state-run gas company PGNiG says it has signed a long-term agreement with two American companies for the purchase of liquefied natural gas (LNG) from the United States amid efforts to make Poland independent of Russian supplies.
read more... 28/06/2018
Saudi Aramco, Abu Dhabi to build mega refinery in India
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) will build a new $44 billion mega refinery and petrochemicals complex in India's western port city of Ratnagiri, the companies announced Monday.
read more... 28/06/2018
Daily (27.06.2018): WTI crude jumped by 3.6% on Tuesday as U.S. requested countries to stop buying Iranian crude
Oil prices have seen an upward evolution on Tuesday, as Washington demanded allies to reduce imports of Iranian crude, which would put pressure on global supplies. Brent crude hiked by 2.1% to $76.31 a barrel. Prices have been also supported by uncertainty over Libyan exports. WTI crude jumped by 3.6% to 70.53 a barrel.
read more... 27/06/2018
Saudi Arabia to boost oil production to record high
OPEC leader Saudi Arabia is set to increase oil production to a record 10.8 million barrels per day (bpd) in July, Bloomberg reports.
read more... 27/06/2018
EU bank grants €70m for renewable energy in France and Germany
The European Investment Bank (EIB) has granted a further €70 million (£62m) for renewable energy projects in France and Germany.
read more... 27/06/2018