Latest news
Gazprom discovers 2 new fields containing over 500 billion cu m of gas on Yamal shelf
The Federal Agency for Mineral Resources approved the expert opinions of the State Reserves Commission with regard to the discovery by Gazprom of new hydrocarbon fields on the shelf of the Yamal Peninsula, namely the Dinkov and Nyarmeyskoye fields.
read more... 21/05/2019
Poland, Hungary, Czech to release oil reserves after pipeline shutdown
Poland, Hungary and the Czech Republic are offering their domestic refiners about 8 million barrels of oil from strategic reserves after supplies from Russia's Druzhba pipeline to Europe were halted, industry sources said on Friday.
read more... 06/05/2019
Polish mining majors keen to develop Asia’s largest coal block
The Deocha-Pachami coal block, in the east Indian state of West Bengal, which is billed as the largest single-location reserve in Asia, is likely to be developed by the state government in collaboration with mining majors in Poland.
read more... 12/03/2019
Daily (11.01.2019): German spot power price fell by 26% on Thursday due to strong wind generation
Oil prices edged slightly higher on Thursday, tracking bullish equity markets following comments from the U.S. Federal Reserve chairman. However, gains were capped by waning optimism about the three-day U.S.-China trade talks, as these finalized with no concrete details. Concerns about a potential slowdown in global economy fuelled by weaker Chinese economic data also limited the rally in oil markets. On that background, Brent crude inched 0.4% up to $61.68 a barrel, while WTI futures settled 0.4% higher at $52.59 a barrel.
read more... 11/01/2019
PGNiG prepares a development plan for another gas field in Norway
The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm.The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe to Poland.
read more... 24/10/2018