Eastern Europe

News
November 29, 2017
OPEC and Russia concur on two things: their oil production cuts are working and they should be extended deeper into next year.
News
November 28, 2017
Ascent Resources plc, the European focused oil & gas exploration and production company, today reports that the appeal against the correctness of preliminary screening procedures in relation to the IPPC Permit has been rejected by the Administrative Court.
News
October 26, 2017
Turkey is getting a giant helper to avoid last December’s gas shortages.
News
October 24, 2017
Hess Corporation has announced several additional steps in the continued execution of its strategic plan to further focus the company’s portfolio and allocate capital to higher return assets.
News
October 19, 2017
Energean Oil & Gas has announced the first Competent Persons Report (CPR) for its assets offshore Montenegro, compiled by Netherland Sewell & Associates (NSAI), detailing the recoverable gas and liquids resource estimates in respect to Energean’s 100% interest in blocks 4218-30 and 4219-26.
News
October 04, 2017
A working meeting between Alexey Miller, chairman of the Gazprom management committee, and Peter Szijjarto, minister of foreign affairs and trade of Hungary, took place today at the Energy Efficiency and Energy Development International Forum 'Russian Energy Week' in Moscow.
News
September 06, 2017
Frontera Resources Corp., a European focused independent oil and gas exploration and production company, is pleased to announce the mobilization of a workover rig to Ud-2 well, situated inside the 950 km2 Mtsare Khevi Gas Complex area located in onshore Block 12 in Georgia.
News
August 21, 2017
Total agreed to buy the oil and gas unit of A.P. Moller-Maersk, the French company’s biggest acquisition since 1999.
News
July 20, 2017
Turkish Prime Minister Binali Yildirim on Thursday warned Cyprus its moves to explore for energy around the eastern Mediterranean were "untimely and dangerous," adding that Ankara would continue to protect the rights and interests of Turkish Cypriots.
News
July 07, 2017
Hungary sees a new pipeline for Russian gas as the “only realistic” step toward energy diversification now, Foreign Minister Peter Szijjarto said on the same day Poland used a visit by U.S. President Donald Trump to announce plans to wean itself off fuel supplies from its Soviet-era master.
News
July 06, 2017
President Donald Trump encouraged eastern European leaders worried about their dependence on Russian energy to buy U.S. gas instead.
News
June 21, 2017
North America’s shale industry may be the swing producer in the oil market, but it’s becoming a dominant factor across the Atlantic for eastern Europe’s biggest importer of energy.
News
June 16, 2017
Condor Petroleum Inc., has announced that drilling has commenced on the Yakamoz-1 exploration well, which is located 2 km north of the Company’s 100% owned and operated Poyraz Ridge gas field in Turkey.
News
May 25, 2017
Energean Oil & Gas has announced that it has signed a lease agreement with the Greek government for the exploration and exploitation of hydrocarbons at the Aitoloakarnania block, onshore western Greece.
News
May 10, 2017
Serinus Energy Inc. has announced that it has signed an Engineering, Procurement, Construction and Commissioning Contract (EPCC) with Confind S.R.L., a Romanian company, for the construction of a gas processing facility and associated flowlines and pipelines for the Moftinu Gas Development Project in Romania.
News
April 27, 2017
The U.S. is set to ship its first shale gas to a member of the former Soviet bloc as Europe seeks to cut its dependence on fuel from Russia.
News
February 07, 2017
MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired six new licences in the 4th bid round in Hungary, doubling its exploration acreage in the country. MOL Norge participated in the latest APA licensing round and acquired four licences in the Norwegian Continental Shelf, one of which with operatorship.
News
December 27, 2016
Gazprom Neft has opened up a new field in Serbia with recoverable reserves in the order of 432,000 tonnes.
News
December 08, 2016
OMV Petrom begins experimental gas production from Romania's Padina field.
News
October 31, 2016
Condor Petroleum Inc. has announced drilling results of the Poyraz-3 development well in Turkey.
News
October 14, 2016
Kashagan, a vast oil field in the Caspian Sea, sent its first crude for export after about 16 years in development and more than $50 billion of investments.
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