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Small upstream oil and gas companies in Europe, Middle East and Africa are facing increasing risks as liquidity pressures become wider, amid a Brent crude oil price below $50 a barrel, Fitch Ratings said on Thursday.
Polish state-run energy company PGNiG said in a preliminary operations report late on Wednesday that its liquefied natural gas (LNG) imports have more than doubled in the second quarter of 2017, compared to the same period a year ago.
Irish renewables developer Mainstream Renewable Power (MRP) will finally be able to proceed with its £2 billion ($2.6 billion) offshore wind project in Scotland, following the end of a two-year legal battle with a birds’ charity, Kallanish Energy learns.
UK power generator Drax has revealed plans to convert one of three remaining coal-fired units to natural gas, while studying the potential for additional conversions to biomass, Kallanish Energy reports.