Latest news
PGNiG prepares a development plan for another gas field in Norway
The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm.The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe to Poland.
read more... 24/10/2018
Exxon, Rosneft to build LNG plant with Japanese, Indian partners
Russia's Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said.
read more... 24/10/2018
Daily (23.10.2018): British gas contracts were bearish on Monday, due to an oversupplied system
On Monday, oil prices edged slightly higher, following a small reduction in supplies as sanctions against Iranian exports will be soon applied and as Saudi minister Khalid al-Falih suggested that tensions with the U.S. would not affect the market. Brent crude price was 0.1% up at $79.83 a barrel. Meanwhile, WTI crude futures increased by 0.4% to $69.36 a barrel.
read more... 23/10/2018
Offshore construction begins on Trans Adriatic Pipeline project in Albania
Partners of the €4.5bn Trans Adriatic Pipeline (TAP) have commenced the construction works for the offshore part of the 878km natural gas pipeline in Albania.
read more... 23/10/2018
France's Total and CNOOC strengthen their LNG partnership
French energy group Total and China’s CNOOC have strengthened their existing partnership in the liquefied natural gas (LNG) sector to increase their output, the companies said on Monday.
read more... 22/10/2018