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By Reuters Staff 3 Min Read MELBOURNE, Feb 2 (Reuters) - Australia’s Woodside Petroleum said it is working to understand how its exploration drilling plan for offshore Myanmar this year might be affected after the military seized power there on Monday. Woodside has been working with French giant Total SA and Myanmar-based MPRL E&P to develop Myanmar’s first ultra-deep water gas project, known as A-6. The Australian firm said in January it had started a three-well drilling campaign in a block next to A-6 and in acreage where it hopes to develop a northern hub. As Woodside reviews the impac...
By Reuters Staff 2 Min Read VILNIUS, Jan 21 (Reuters) - A gas-fired power station planned for northeast Poland will use liquefied natural gas (LNG) imported via a terminal in Lithuania, in a sign of the region’s growing independence from Russian gas. The Ostroleka plant was originally planned to run on coal, but the project was suspended because of financing and environmental issues. State-run Polish oil company PKN Orlen, which took on the project in a merger deal, said it would only invest in the plant if it ran on gas. “According to the plans, the power plant will be purchasing its gas...