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. ...

In an effort to avoid daily fines of EUR 120,000, the Polish government is rushing into a gas market liberalization act, which is now being heavily criticized by Polish gas producers and consumers, Polish economic daily Puls Biznesu wrote Sept. 13, 2012. ...

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. ...

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. ...

Polish Energy Partners (PEP), one of Poland's largest renewable energy companies with projects in wind energy, biomass and co-generation energy, announced a call for sale of shares on Aug. 28, 2012. ...

The administration of the city of Poznan announced its shortlist of five companies set to compete for a public-private partnership PLN 700 mln contract for the construction of a city waste incinerator. ...

The Siberian Coal and Energy Company paid RUB 3.136 bln (USD 104 mln) for a 24.9 percent stake in the Murmansk Sea Trade Port, the Russian investment agency, Prime, announced on Aug. 8 2012. ...

Roman Abramovich's holding, Millhouse, is looking to sell Russia's largest iron ore mine, Pyrkakai, in the Chukotka region, Russian daily Kommersant announced on Aug. 8, 2012. ...

The Stockholm Arbitration Court ruled in favour of Yukos' Spanish shareholders on July 27, 2012, deciding the Russian government brought the company to bankruptcy, using unfair rulings on tax debt repayment and abuse of law enforcement.  ...

General Electric, a multi-profile international energy and electricity company, plans to invest more than USD 200 mln in Russian Sochi for the 2014 Winter Olympic Games. ...