energy
Unconventional gas in Europe: Frack to the future
Extracting Europe’s shale gas and oil will be a slow and difficult business
SHALE gas and oil are propelling America to energy self-sufficiency and giving its economy a handy boost. Europe’s shale-gas deposits are said almost to match those across the Atlantic (see map). Will the old continent soon enjoy the same benefits? Continue reading
Ukraine continuing gas imports via Poland
Ukraine continues to import European natural gas via Poland as it seeks to break the stranglehold of Russian supplies, Kiev’s energy minister says. Continue reading
Poland gets Russian gas price reduction
Poland has obtained a significant price reduction on the gas it imports from Russia, ending a legal dispute that had escalated to international arbitration, officials said Tuesday.
The head of Poland’s PGNiG gas an oil giant, Grazyna Piotrowska-Oliwa, said her company and Russian supplier Gazprom signed a deal in Warsaw on Monday that “changed the pricing formula” of their 2010 agreement by linking the cost of the gas to market prices. Continue reading
Nuclear power or shale gas? Poland may have to choose soon
Poland has set it sights on building its first nuclear power station and developing shale gas, but experts believe it may soon have to choose one or the other as investing in both could prove too costly. Continue reading
Not Your Parents’ Poland
Eric Stewart, President of the U.S.-Poland Business Council, takes stock of Poland’s potential for leadership in the field of energy and examines the recently released draft plan for regulating the Polish shale gas industry and its potential impact on the development of these resources. Continue reading
Both Shale Gas And Nuclear Are Priorities For Country
Polish Prime Minister Donald Tusk said Thursday that the development of both shale gas and nuclear energy are priorities for the country and denied that the country’s ambition to build its first nuclear power plant is flagging.
“For the Polish government, nuclear energy and, of course, investments in shale gas are priorities,” Mr. Tusk said. “Nothing has changed in this regard.” Continue reading
Polish Officials Hint Country May Scrap Nuclear Program
Poland’s construction of its first nuclear power plant is no longer a foregone conclusion as the country pivots towards the strategic goal of boosting domestic oil and gas production, especially of shale gas, two public officials hinted Wednesday. Continue reading
Polish Cabinet Reaches Shale Gas Compromise
Polish Prime Minister Donald Tusk has referred to shale gas as Poland’s “great chance.” But until recently, the Polish government has not acted to demonstrate that nurturing the shale gas industry was a priority. Continue reading
Poland to invest 12.5 billion euros in shale gas by 2020
Poland will invest 50 billion zlotys (15.5 billion euros) in the exploration of shale gas by 2020, Finance Minister Mikolaj Budzanowski said Saturday.
Investment over the next two years will total five billion zlotys (1.2 billion euros, $1.6 billion), which includes a 409-million-euro shale gas deal agreed in July by five Polish energy and mining groups, Budzanowski told the press. Continue reading
Polish government to approve shale gas law next week
Poland’s government will approve a long-awaited new shale gas law during its sitting next week, Prime Minister Donald Tusk said on Tuesday. Continue reading
