Latest news

PGNiG snaps more US LNG with Cheniere supply deal

Polish Oil and Gas Company (PGNiG) has signed a supply deal with Houston-based Cheniere for the delivery of more US LNG to the President Lech Kaczyński LNG Terminal in Świnoujście.

read more... 08/11/2018


Daily (05.10.2018): NBP gas contract for delivery in 2019 traded 1.3% higher on Thursday despite lower consumption and a well-supplied system

Oil crude prices lost momentum on Thursday, due to forecasts for an increase in production by Saudi Arabia and Russia. However, the price losses were tempered by the forthcoming U.S. sanctions on Iranian exports. WTI crude closed 2.7% down at $74.33 a barrel, while Brent crude oil futures dropped by 2% to trade at $84.58 a barrel.

read more... 05/10/2018


German Senvion secures 80-megawatt wind project in US

German wind turbine manufacturer Senvion and Michigan-U.S.-based Heritage Sustainable Energy executed an 80-megawatt (MW) agreement for the supply and delivery of the Garden II wind farm project in Michigan, Senvion announced Monday.

read more... 12/09/2018


Daily (07.09.2018): Carbon Contracts gained more than 5% on Thursday, due to limited allowance supply

Oil crude prices extended losses on Thursday, on worries about China’s demand amid growing trade disputes. Moreover, gasoline and distillate stocks at Cushing, Oklahoma delivery hub were at their highest level in four years, pressuring prices. Brent crude decreased by 1% to close at $76.50 a barrel, while WTI crude slumped by 1.4% to $67.77 a barrel.

read more... 07/09/2018


Daily (05.09.2018): The UK gas contract for October delivery gained 1.4%, due to an undersupplied system

Oil crude prices fluctuated during the day on Tuesday, as a tropical storm hit the U.S. Gulf coast, while countries of the Pacific region decided to continue procurement of Iranian crude, despite U.S. sanctions. Brent crude price edged slightly higher at $78.17 a barrel, but gains were capped by a stronger dollar. WTI crude price edged 0.3% lower to $69.87 a barrel, due to a rise in crude inventories at Cushing, Oklahoma.

read more... 05/09/2018