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Daily: Brent drops towards $57 since supply glut worries prevail

Brent crude futures dropped towards $57 a barrel on Friday since an excess of oil erased earlier support drawn from a larger-than-anticipated decline in U.S. crude stocks.

read more... 02/01/2015

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Poland: PGNiG intends to make an investment of about 50 billion zlotys by 2022

Poland's leading gas group PGNiG intends to make an investment of about 40-50 billion zlotys by 2022 in organic development and purchases since it desires to respond to unfavorable regulations with increased upstream operations and other activities, as it stated on Monday.

read more... 02/01/2015

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Egypt inks agreement to import LNG from Algeria

Egypt inked an agreement on Monday to import liquefied natural gas from Algeria between April and September, as stated by the oil ministry, since it aims to reduce a chronic energy shortage.

read more... 02/01/2015

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Hungary will resume gas shipments to Ukraine from January 1

Natural gas deliveries from Hungary to Ukraine can resume from January 1, 2015, as stated by the Hungarian gas transmission company FGSZ on its website late on Monday.

read more... 31/12/2014

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BG: first Australian LNG cargo to be exported to China

Britain's BG Group is getting ready to send a first commercial liquefied natural gas (LNG) cargo to China from its new $20.4 billion Queensland Curtis LNG project in Australia, as stated by a company representative.

read more... 30/12/2014

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