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PGNiG on route to production form Ærfugl gas reservoir in Norwegian Sea

The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.

read more... 06/06/2019

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Daily (05.06.2019): NBP spot surged by 12.5% on Tuesday, buoyed by higher gas-for-power demand

Crude oil prices rebounded from the earlier four-month low on Tuesday, on the back of stronger U.S. stock markets after China’s call for dialogue with the U.S. to solve the trade dispute. Firmer expectations for an interest rate cut following the comments from U.S. Federal Reserve Chairman also boosted market sentiment. Brent crude rose by 1.1% to $61.97 a barrel, while WTI futures edged up by 0.4% to $53.48 a barrel.

read more... 05/06/2019

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Innogy clears final hurdles for 150-MW Dutch wind farm

German energy company Innogy SE can proceed with the construction of the 150-MW N33 wind farm in the Netherlands after final objections to the project have been declared unfounded by the Council of State.

read more... 05/06/2019

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Ukraine boosts gas imports by 19% in Jan-May

Ukraine in January-May 2019 boosted natural gas imports by 19% year-over-year (y-o-y), to 3.97 billion cubic meters (bcm).

read more... 05/06/2019

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Novovoronezh II-2 starts pilot operation

Unit 2 of the Novovoronezh II nuclear power plant in southwest Russia has entered the pilot commercial operation (PCO) stage, Rosenergoatom, the operator subsidiary of state nuclear corporation Rosatom, has announced.

read more... 05/06/2019

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