Latest news

Russia plans to increase LNG output to 120 - 140 mln tonnes by 2035, says Putin

In the next 15 years, Russia plans to increase annual production of liquefied natural gas (LNG) to 120-140 mln tonnes, Russian President Vladimir Putin said on Wednesday at the Russian Energy Week.

read more... 02/10/2019

news

PGNiG gets nod to drill its second operated well in Norway

PGNiG’s subsidiary PGNiG Upstream Norway AS will drill the well 6507/5-9 A using the Deepsea Nordkapp semi-submersible drilling rig. The well is located in the production license 838, southeast of the Skarv field.

read more... 02/10/2019

news

Endesa to close entire Iberian coal fleet

Endesa plans to close all its Iberian coal-fired power stations, ending production from two of Spain's largest power stations, the 1.4 GW As Pontes and 1.1 GW Litoral de Almeria plants, it said late Friday.

read more... 01/10/2019

news

Bosnia's Federation net electricity output falls 20% year-on-year in Aug

The net electricity production of Bosnia's Federation decreased to 729 GWh in August from 914 GWh in the same month of 2018, the entity's statistical office said on Friday.

read more... 30/09/2019

news

Daily (26.09.2019): NBP spot tumbled by 6.7% on Wednesday weighed by robust LNG send-outs

Oil prices extended losses on Wednesday, after an unexpected rise in U.S. crude stockpiles and a faster-than-awaited recovery of Saudi Arabia’s oil production. A rally in the dollar index, which moves inversely with oil, also put pressure on crude futures. As a result, WTI futures dropped by 1.4% to 56.49 USD/bbl, while Brent crude ended 1.1% lower at 62.39 USD/bbl.

read more... 26/09/2019

news