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Lithuanian LNG port looks to supply Poland, Ukraine via new pipe

Klaipeda’s liquefied natural gas (LNG) import terminal operator says its gas could reach Poland, Ukraine and other countries south of Lithuania next year, when a new pipeline comes online.

read more... 09/04/2021

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Eolus enters Poland with plans for both wind and solar

Nordic wind projects developer Eolus Vind AB  today announced it is setting up operations in Poland, where it intends to work on both onshore and offshore wind projects, as well as solar photovoltaic (PV) installations

read more... 24/03/2021

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Daily (19.03.2021): Oil prices plummeted by 7% on Thursday amid faltering vaccine rollout in Europe

Oil prices plummeted for a fifth day in a row on Thursday due to tighter restrictions in many EU countries, including Italy, France and Poland, as the slowdown in vaccination programs in Europe led to rising Covid-19 cases. Hence, Brent crude dropped by $4.72, or 6.9%, to settle at $63.28 a barrel, while U.S. WTI crude fell $4.60, or 7.1%, to settle at $60.00 a barrel. Both contracts tumbled by more than 11% since their recent highs hit on March 8.

read more... 19/03/2021

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Hungary and Poland plan nuclear to replace coal

Hungary is now the sixth European country to bring forward its coal phaseout plan, announcing that it will shut its last remaining coal plant in 2025. Meanwhile Poland says its first nuclear power unit will be built in Gdansk and the second one probably at the site of its Belchatów coal plant.

read more... 08/03/2021

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Lithuania to start supplying LNG to Poland next year

Lithuanian state-controlled energy company Ignitis Group will start supplying liquefied natural gas (LNG) to Poland next year when a new pipeline between the two countries comes online, its CEO said on Monday.

read more... 02/03/2021

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