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Polish Refiner PKN to Build Heat and Power Plant for $493 Mln

PKN Orlen, Poland’s top oil refiner, announced plans on Wednesday to build a 596 megawatt combined heat and power plant in the city of Plock, where it is based, for about 1.65 billion zlotys ($493 mln).

 

PKN said in a statement its supervisory board has already approved the project, which should be completed by the end of 2017.

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New Oilfield in the Bohai Sea Discovered by CNOOC from China

China’s top offshore crude oil and natural gas producer, CNOOC Ltd., has gone ahead and announced the discovery of a major new oilfield in the Bohai...

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