Latest news
Daily (24.01.2019): British spot gas price rose by 2% on Wednesday due to an undersupplied system
Oil prices pared earlier gains on Wednesday as worries over slowing world economic growth weighed on the markets. U.S. Energy Information Administration voiced expectations for increasing shale output, which put additional pressure on prices. On the other side, China and Japan indications to use stimulus measures to boost growth, alongside with OPEC-led output cuts, limited losses. Consequently, Brent crude edged 0.6% down at $61.14 a barrel, while WTI futures lost 0.7% to close at $52.62 a barrel.
read more... 24/01/2019
PGNiG: Fiftieth LNG cargo arriving to Poland
On Sunday, January 27th 2019, PGNiG Polish Oil and Gas Company will receive another load of liquefied natural gas. It will be the 50th delivery to the President Lech Kaczyński LNG Terminal in Świnoujście. Thus the total LNG volume purchased so far by PGNiG will amount to approximately 5.7 bcm after regasification.
read more... 24/01/2019
Repsol upstream oil and gas production rises 3% in full year 2018
Spanish integrated energy group Repsol said in a regulatory filing Monday evening that its upstream oil and gas production in full year 2018 averaged 715,000 b/d of oil equivalent, in line with targets and up 3% from 2017.
read more... 23/01/2019
Lithuania eyes role as LNG hub
Lithuania’s Klaipeda liquefied natural gas (LNG) terminal is set to increase volumes and become a regional supply hub.
read more... 23/01/2019
Total on course for new Nigerian oil, LNG projects
French oil group, Total, said it will approve plans to proceed with the Ikike project in Nigeria in the coming months. The firm also plans to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said yesterday.
read more... 22/01/2019