Eastern Europe
News
April 01, 2016
Russia’s Gazprom PJSC, seeking to defend its share in the European energy market, agreed to swap upstream assets with OMV AG, the Austrian oil and gas company trying to lower production costs amid a slump in oil prices.
News
February 23, 2016
Royal Dutch Shell Plc signed a five-year contract for oil and natural gas exploration in the deep waters of the Black Sea off the Bulgarian coast, which will enable the Balkan nation to reduce its reliance on Russian energy imports.
News
January 11, 2016
Poland’s government is considering merging the nation’s biggest oil and gas companies PKN Orlen SA, Grupa Lotos SA and PGNiG SA, three stalwarts of the Warsaw bourse.
News
December 30, 2015
Naftna Indusrija Srbije (NIS), a subsidiary of Gazprom Neft, has undertaken a series of hydraulic fracturing operations in high-temperature horizons at Kikinda Istok, Crna Bara jug and Vojvoda Stepa fields in northern Serbia.
News
November 25, 2015
Russia halted natural gas supplies to Ukraine after its western neighbor said it wouldn’t buy more this year amid ample supply.
News
October 14, 2015
Lukoil’s Lira-1X wildcat has discovered a gas field in the Lira offshore structure, which is located on the Trident Block (EX-30), in the deep waters offshore Romania.
News
September 24, 2015
The Croatian government postponed the signing of all oil and gas production-sharing accords until after this year’s general elections in a move that may delay concession revenue inflow.
News
September 23, 2015
Tethys Oil has completed the drilling of the Tidikas-1 exploration well on the Raseiniai license onshore Lithuania, the Stockholm-based company announced Wednesday.
News
September 21, 2015
Dates have been announced for the first Romania Oil & Gas Summit (ROGS), which will be patronized, hosted and developed in conjunction with Romania’s Ministry of Energy, Small and Medium-Sized Enterprises and Business Environment.
News
September 10, 2015
Gazprom PJSC sold about a third of the natural gas offered in its first-ever auction for European buyers, instead targeting higher prices amid a regional glut and plunging commodity costs.
News
September 04, 2015
YPF SA Chief Executive Officer Miguel Galuccio and his counterpart at Gazprom PJSC, Alexey Miller, have signed an agreement to develop projects in Argentina.
News
August 19, 2015
The Ministry of Energy & Industry of Albania, recently announced that the oil and gas exploration bidding round deadline is 15th October for onshore blocks Panaja, C and 5
News
August 07, 2015
Royal Dutch Shell and Petromanas Energy have been named as the successful bidders for Block 4, onshore Albania, by the Albanian National Agency of Natural Resources (AKBN).
News
August 05, 2015
Hungarian energy group Mol Nyrt. improved the profit guidance for 2015 after its refining unit helped post record earnings for the three months through June.
News
July 21, 2015
Trans Adriatic Pipeline (TAP) has awarded Technip a project management consultancy (PMC) services contract, for a project designed to transport gas from Shah Deniz field to the European market.
News
July 01, 2015
Ukraine halted purchases of Russian natural gas after its bigger neighbor took away most of a price discount and declined to sign a three-way accord with the European Union through the winter heating season.
News
April 23, 2015
Wood Mackenzie has presented its latest analysis of the competitiveness of Black Sea deepwater developments and the significant Domino discovery, which look set to dramatically influence the region’s gas supply dynamics and corporate landscape, at the annual BBSPA conference in Vienna.
News
April 23, 2015
European Union regulators attacked OAO Gazprom’s pricing structure throughout the eastern part of the continent, further straining political relations between the 28-nation bloc and Russia.
News
April 21, 2015
OAO Gazprom will get an antitrust complaint from the European Union as soon as Wednesday in a two-year-old probe into gas pricing that’s been delayed amid political tension in Ukraine, according to an EU official.
News
March 13, 2015
Texas LNG, a closely held company planning a $1.3 billion liquefied natural gas project in the U.S., has started talks with potential customers, targeting companies in Eastern Europe, Latin America and Asia.
Article
March 2015
Shale gas has proven its worthiness through a revolution of E&P activity over the last decade, particularly in the U.S. Yet, the question remains, can it prevail beyond current, low commodity prices, as well as environmental/public controversies, specifically in Europe?
