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PGNiG extends cooperation with Ukrtransgaz

PGNiG and Ukrtransgaz renewed the agreement for the storage of natural gas in Ukrainian underground gas storage facilities.

read more... 13/09/2018

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Russia to lead underground gas capacity increase by 2022

Russia is expected to lead the working gas storage capacity additions by 912 billion cubic feet (bcf) by 2022, followed by China and Turkey with 375 and 340 bcf, according to data and analytics company GlobalData on Monday.

read more... 21/08/2018

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Daily (03.08.2018): WTI crude increased by almost 2% on Thursday due to Cushing storage decline

Oil prices rose on Thursday, as the OPEC oversupplied stocks returned to normal state and Cushing inventories are down at the lowest level since 2014. Brent crude gained 1.5% to reach $73.45 a barrel. WTI crude increased by 1.9% to $68.96 a barrel.

read more... 03/08/2018

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Australian solar plant to have world's largest power storage capacity

The joint venture between two major Japanese power providers has invested in renewable-energy projects abroad, such as this Indian solar farm. A roughly $1 billion solar energy project in Australia will employ one of the biggest power storage facilities in the world, with Japanese and Western companies contributing funds.

read more... 29/05/2018

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Ørsted goes into commercial battery storage

Yesterday (April 25, 2018), a plan to construct and operate a 20-megawatt (MW) battery storage project close to Liverpool has been revealed by Ørsted.

read more... 26/04/2018

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