Tag Archives: Emerging Europe

The takeover by PKN Orlen, an oil refiner and retailer, of fellow Polish energy giant PGNiG is not merely the merger of two of Poland’s largest companies, it is a strategic move that the country’s government hopes will put PKN Orlen in the “premier league” of European energy firms. The …

While the whole world was shocked by negative West Texas Intermediate (WTI) oil prices due to the shortage of demand during the Covid-19 lockdown, the gas market hasn’t seen any dramatic changes. According to Rystad Energy, gas use for industrial consumption is set to decline five per cent, for commercial …

The pipeline is scheduled to land in Denmark from the North Sea.

Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports.

French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.

Hungary is forced to import natural gas. 85 per cent of which is consumed by households.