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Serbia, Russia to launch joint LNG projects

The Ministry of Mining and Energy of Serbia and Russian state gas company Gazprom have signed an agreement on the construction of natural gas (LNG) stations in Serbia.

read more... 11/06/2019

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Total produces first gas from Culzean field in North Sea

French oil major Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK.

read more... 11/06/2019

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PGNiG on route to production form Ærfugl gas reservoir in Norwegian Sea

The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.

read more... 06/06/2019

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Daily (05.06.2019): NBP spot surged by 12.5% on Tuesday, buoyed by higher gas-for-power demand

Crude oil prices rebounded from the earlier four-month low on Tuesday, on the back of stronger U.S. stock markets after China’s call for dialogue with the U.S. to solve the trade dispute. Firmer expectations for an interest rate cut following the comments from U.S. Federal Reserve Chairman also boosted market sentiment. Brent crude rose by 1.1% to $61.97 a barrel, while WTI futures edged up by 0.4% to $53.48 a barrel.

read more... 05/06/2019

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Ukraine boosts gas imports by 19% in Jan-May

Ukraine in January-May 2019 boosted natural gas imports by 19% year-over-year (y-o-y), to 3.97 billion cubic meters (bcm).

read more... 05/06/2019

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