Eastern Europe
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.
News
September 15, 2016
Eni has signed a Concession Contract with the government of Montenegro related to the exploration of four blocks in the country’s offshore.
News
August 08, 2016
Cub Energy Inc. has announced that KUB-Gas LLC--Cub’s 35%-owned subsidiary, which owns and operates the eastern Ukraine licenses--has commenced drilling of the Makeevskoye-23 well.
News
July 26, 2016
Romgaz has awarded Tenaris with a contract to provide 6,000 tons of casing and TenarisHydril Blue connections to Societatea Națională de Gaze Naturale Romgaz SA Mediaș (Romgaz), the largest producer and main supplier of natural gas in Romania.
News
June 10, 2016
The Croatian government approved production sharing agreements for the exploitation of hydrocarbons on six onshore acreage blocks in Drava, Sava and eastern Slavonia.
News
May 16, 2016
Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.
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.
