Croatia has renewed a viability study for a liquefied natural gas (LNG) terminal on the island of Krk, the southern end of a gas pipeline corridor linking the country and Poland's Baltic port of Swinoujscie which should aid expand energy supplies for central Europe and reduce reliance on Russian imports, as stated by economy minister Ivan Vrdoljak on Tuesday.
read more... 06/11/2014
Lithuania on Monday greeted the launching of the Independence, a floating liquefied natural gas import (LNG) terminal, illustrating the end of the Baltic state's dependence on gas supplies from Russia.
read more... 29/10/2014
Crude oil prices settled higher on Tuesday, with Brent closing just above $86 a barrel after two consecutive days of losses, pushed by a weaker dollar and a rally on Wall Street. Brent increased by 20 cents at $86.03 a barrel, while U.S. crude rose 42 cents to settle at $81.42 a barrel, after hitting a more than two-year low of $79.44 on Monday. Oil rose after riding a late soaring in U.S. inventories, buoyed by encouraging corporate earnings.
read more... 29/10/2014
Projects to build a regional liquefied natural gas (LNG) import terminal in Finland will be deferred for an indefinite period, as stated by officials at the country's economy ministry on Wednesday.
read more... 02/10/2014
The Finnish government allocated 65.2 million euros (84.22 million US dollar) in financial backing to construct three small liquefied natural gas (LNG) terminals to cut on utilization of fuel oil and liquefied petroleum gas (LPG) in industry, as stated by the economy ministry on Thursday.
read more... 19/09/2014