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Poland estimates electricity consumption restrictions increased on Wednesday

Poland's grid operator PSE declared it anticipated to raise completely electricity consumption limits on Wednesday after a heat wave obliged it to lessen supply to industry this week for the first time in more than a decade.

read more... 12/08/2015

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Daily: Crude oil plunges to multi-month lows on gasoline oversupply

Crude oil prices plunged, touching multi-month lows and heading for a sixth consecutive week of losses, mainly dragged down by the approaching end of the U.S. summer driving season which increased the surplus in gasoline supply. U.S gasoline inventories surpassed market estimates by about 300,000 barrels last week, pulling down global oil benchmark Brent to six-month lows and U.S. crude to a 4-1/2-month trough since Wednesday, according to government data. Brent declined by 91 cents, or 1.8 percent, to settle at $48.61 a barrel on Friday, after hitting a more than six-month low of $48.45. U.S. crude decreased by 79 cents, or 1.8 percent, to close at $43.87, after hitting a more than four-month session low of $43.80.

read more... 10/08/2015

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Germany estimates big increase in offshore wind capacity

Germany adjoined more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to attain half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.

read more... 22/07/2015

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Poland estimates first LNG shipping to Baltic Sea terminal in autumn

Poland's recently selected treasury minister Andrzej Czerwinski declared on Wednesday that first deliveries of liquefied natural gas (LNG) to the terminal at the Baltic Sea will probably come in autumn.

read more... 18/06/2015

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BP estimates Tanap gas pipeline project agreement within two months

British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.

read more... 26/03/2015

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