Latest news
Daily: European prompt power rebound as German wind output is expected to halve
Crude oil declined on Monday, reversing a previous hike following the release of a survey which estimated higher OPEC production in November, while a stronger dollar dragged down the demand for commodities denominated in the currency. Brent crude futures eased 25 cents, or 0.6 percent, to settle at $44.61 a barrel. WTI futures fell 6 cents to close at $41.65, down from a session high at $42.61.
read more... 01/12/2015
Poland's PGNiG will start gas production in Pakistan
Polish gas firm PGNiG will start gas production in December at its concession in Pakistan, as it declared on Tuesday.
read more... 25/11/2015
Poland's PGNiG envisages Iran's oil and gas market
Poland's state-run gas distributor PGNiG is looking at different possibilities in oil and gas exploration and production in Iran once sanctions on the country are lifted, as stated by PGNiG's CEO.
read more... 24/11/2015
Daily: British gas prices evolve differently as strong imports offset weaker domestic production
Crude oil futures lost more than 2 percent on Tuesday, continuing their decline after a one-day pause, as U.S. stockpiles boosted for an eight consecutive week. U.S. WTI futures fell $1.07, or 2.6 percent, to settle at $40.67 a barrel. Brent crude futures eased 99 cents, or 2.2 percent, to close at $43.57 a barrel.
read more... 18/11/2015
Record level of oil stockpiles at 3 billion barrels
Oil stockpiles have rocketed to a record level this year at around 3 billion barrels— the equivalent to more than a month’s supply of global oil consumption amid a robust production in OPEC and elsewhere, according to the International Energy Agency (IEA).
read more... 16/11/2015