Latest news
Poland: PGNiG intends to make an investment of about 50 billion zlotys by 2022
Poland's leading gas group PGNiG intends to make an investment of about 40-50 billion zlotys by 2022 in organic development and purchases since it desires to respond to unfavorable regulations with increased upstream operations and other activities, as it stated on Monday.
read more... 02/01/2015
Egypt inks agreement to import LNG from Algeria
Egypt inked an agreement on Monday to import liquefied natural gas from Algeria between April and September, as stated by the oil ministry, since it aims to reduce a chronic energy shortage.
read more... 02/01/2015
Hungary will resume gas shipments to Ukraine from January 1
Natural gas deliveries from Hungary to Ukraine can resume from January 1, 2015, as stated by the Hungarian gas transmission company FGSZ on its website late on Monday.
read more... 31/12/2014
BG: first Australian LNG cargo to be exported to China
Britain's BG Group is getting ready to send a first commercial liquefied natural gas (LNG) cargo to China from its new $20.4 billion Queensland Curtis LNG project in Australia, as stated by a company representative.
read more... 30/12/2014
Daily: European spot power prices jump reflecting stronger heating demand amid cold spell
Crude oil prices dropped on Monday, dropping more than $1 a barrel, dragged down by market’s fears about supply glut and dipping to their lowest level since May 2009. Global benchmark Brent crude decreased $1.57 to close at $57.88. U.S. crude tumbled $1.12 to end at $53.61 a barrel, following Brent downward.
read more... 30/12/2014