Polish chemicals ZA Tarnow, ZA Pulawy inch toward merger

The merger of two of Poland's largest chemical producers, Zaklady Azotowe Tarnow (ZA Tarnow) and Zaklady Azotowe Pulawy (ZA Pulawy), has been approved by the board of directors and requires only approval of the Polish and EU competition committees, Polish media reported Sept. 13, 2012. ...

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Polish banks inject capital to coal giant KHW

Polish mining incumbent Katowicki Holding Weglowy (KHW) signed a five-year bond issue contract with five Polish banks gaining PLN 1 bln loan for refinancing existing loans and the  investment program, Polish daily newspaper Dziennik Gazeta Prawna reported August 31, 2012. ...

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Gazprom postpones development of Shtokman gas field

Russian gas giant Gazprom and partners Norwegian Statoil and French Total agreed to postpone development of the Shtokman gas field in the Barentsa Sea, Northern Russia, due to high costs of the project, Gazprom announced on Aug. 28, 2012. ...

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