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Ofgem backs 600MW Shetland grid link

UK energy regulator Ofgem said is it minded to approve construction of a 600MW subsea interconnector from Shetland to mainland Scotland to support renewables expansion.

read more... 20/03/2019

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EU grants funds for Polish LNG terminal expansion

The European Commission has approved €128 million to support the expansion of the Polish LNG terminal in Świnoujście.

read more... 20/03/2019

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Daily (19.03.2019): NBP gas prices continued to fall by around 1% on Monday due to oversupply

Crude oil prices inched up on Monday supported by the extension of OPEC-led supply cuts and a decline in U.S. crude inventories. Brent crude edged 0.6% higher at $67.54 a barrel, while WTI futures traded 1% higher at $59.09 a barrel.

read more... 19/03/2019

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Azerbaijan suspends pumping oil through Baku-Novorossiysk

According to Azerbaijan´s Trend, the country has suspended oil pumping through Baku-Novorossiysk, said Ibrahim Ahmadov, Deputy Head of the Public Relations Department at SOCAR.

read more... 19/03/2019

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UK’s LNG Imports Jump To Highest Since 2015

The UK is on track to import this month its highest volume of liquefied natural gas (LNG) since October 2015, as a wave of new global LNG supply and muted winter demand and low spot prices in Asia are boosting flows of the fuel to Europe.

read more... 19/03/2019

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