Latest news
Discovery Of 1 Billion Tons Of Reserves In Gangsu Oil Field Boosts Industry Confidence
China's scaling up of its oil and gas detecting and exploiting technologies has paid off as it has now added a significant amount to its geological reserves. PetroChina Changqing Oilfield Company, the regional branch of China's PetroChina, has discovered an additional 1 billion tons of oil from shale oil resources at its oil field in Qingcheng, Northwest China's Gansu province.
read more... 29/10/2019
Germany's winter gas supplies are secure, pipeline operators say
Germany will have enough natural gas this winter, despite restrictions on transit routes Opal and TENP 1, as storage levels are close to 100%, pipeline operators’ group FNB said on Monday.
read more... 29/10/2019
Polish LNG terminal receives 71st cargo
Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo over the past weekend.
read more... 29/10/2019
Daily (28.10.2019): NBP spot gas price jumped by over 8% on Friday on forecasts for colder weather
Oil prices were bullish on Friday following an unpredicted fall in U.S crude inventories. Brent crude gained 0.6% to close at $62.02 a barrel. WTI futures added 0.8% to end at $56.66 a barrel.
read more... 28/10/2019
Denmark approves construction on offshore part of Baltic Pipe project
The Baltic Pipe project, which is being developed by GAZ-SYSTEM and Energinet, will deliver natural gas produced in Norway to Denmark, Poland and other countries in the region
read more... 28/10/2019