Sunday, November 1, 2020
Tags Oil supply

Tag: oil supply

PKN ORLEN to consolidate operations in China

Poland’s oil refiner and petrol retailer PKN ORLEN is about to officially launch its operations in China in the second half of the year.

OPEC+ reaches a historical deal after compromising with Mexico

OPEC+ agreed on adjusting downwards their overall crude oil production by 9.7 million bpd, after reaching a compromise with Mexico.

OPEC+ reaches a deal over oil production, but it could not be enough

The deal reached by OPEC+ members helps restore the oil production after the coronavirus’ outbreak, but it could not be enough to rebuild the market balance.
- Advertisment -

Most Read

MVM Group acquires Enexio Hungary opening business opportunities also in China

MVM Group acquired 100 % ownership of the Hungarian subsidiary of the German energy company Enexio, together with its two Chinese subsidiaries, aiming to become an active player in the Chinese energy market.

Rethinking the Trans-Balkan pipeline

Sergiy Makogon, GTSOU’s CEO writes about the Trans-Balkan gas transit corridor which should be a warranty of energy security for Southeast Europe.

Investing in renewables is the right response for the climate change challenge

Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.

Sonya Twohig appointed new Secretary-General of ENTSO-E

Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.