Poland’s dominant gas firm and LNG importer PGNiG has signed a deal with South Korean company LG Chem to deliver chilled fuel and build a small regasification station.
read more... 09/06/2020
Norway's pipeline gas supplies to continental Europe and the UK fell further in May to an eight-month low of just 7.35 Bcm, data from S&P Global Platts Analytics showed June 5.
read more... 08/06/2020
Crude oil prices stretched gains on Wednesday, on a potential new agreement between OPEC and its allies to cut crude supplies. Nevertheless, a weekly increase in U.S crude inventories supported the bullish trend. As a result, Brent crude increased by 0.6% to $39.79 a barrel. Similarly, WTI futures traded 1.3% higher at $37.29 a barrel.
read more... 04/06/2020
The landscape makes you think of the surface of the moon. As far as the eye can see, deep gashes scar the earth. At the spot where the giant machines stand, ancient layers of bared coal are visible all the way to the base of the pit.
read more... 03/06/2020
Crude oil futures diverged on Monday, with Brent crude for August delivery surging by 8.5% to close at $38.32 a barrel amid hopes that OPEC+ producers will meet this week, earlier than previously planned, to discuss about a further extension of output cuts. Meanwhile, U.S. WTI crude was rather stable at $35.49 a barrel, but under the effect of increasingly hostile relations between the United States and China.
read more... 02/06/2020