Poland’s president Andrzej Duda declared that Poland expects to sign a long-term deal for liquefied natural gas (LNG) supplies from the U.S. after meeting with his U.S. counterpart, president Donald Trump.
read more... 07/07/2017
Third Energy has presented its final fracking plans for shale gas in North Yorkshire.
read more... 05/07/2017
Oil prices increased on Monday, resuming its longest trend of daily gains in more than 5 years after data pointed to falling U.S. output. Even though some analysts consider that rising OPEC production could cap gains and reverse the tendency to bearish in the nearest future. Brent crude soared by almost 3.7% to end at $49.68 a barrel, while the WTI price jumped by 2.24% to settle at $47.07 a barrel.
read more... 04/07/2017
The European Commission has favored UK petrochemical giant INEOS’ buyout of DONG’s oil and gas business, decision which followed the Danish firm’s agreement to sell its oil and gas exploration and production unit for $1.05 billion.
read more... 04/07/2017
A lawsuit brought by Solveig Gas, Silex Gas, Njord Gas Infrastructure and Infragas against the Norwegian government was ruled in favour of the government. The plaintiffs argued that Norway’s cut in gas pipeline tariff would cost them 15 billion Norwegian crowns ($1.8 billion) in lost earnings through 2028, which was illegal.
read more... 03/07/2017