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Poland Buys Nigerian Oil In Latest Attempt To Cut Russia Oil Dependence

Poland’s largest oil refiner, state-run PKN Orlen, has bought its first ever Nigerian crude oil cargo expected to arrive in mid-October, the Polish company’s chief executive told Reutersamid Poland’s ongoing efforts to cut its reliance on Russian oil.

read more... 09/10/2018

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German authorities gave green light for gas pipeline from Russia

German authorities gave the green light for a new gas pipeline from Russia, risking higher tensions with eastern neighbours worried about European energy reliance on Moscow.

read more... 29/03/2018

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China has more oil production abroad than at home

China is one of the biggest oil consumers heavily reliant on imports. Production from assets the Chinese state oil firms own abroad surpasses internal production, increasing the state dependency on foreign oil.

read more... 14/03/2018

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EU more reliant on Russian gas despite diversification efforts

Russian major energy company Gazprom, supplied Europe with record amount of gas, despite cold diplomatic relations between Russia and the European Union.

read more... 15/01/2018

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India: Reliance Infra sells electricity division to Adani Transmission

India’s Reliance Infrastructure, part of Reliance Group, declared on Thursday it has decided to sell its Mumbai electricity generation, transmission and distribution business to a unit of Adani Enterprises for approximately 188 billion rupees (£2.19 billion).

read more... 22/12/2017

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