Eastern Europe
News
September 10, 2019
Poland successfully challenged a European Commission decision that allowed Gazprom PJSC to use most of the capacity on the Opal pipeline in Germany. That link in turn carries fuel from the Baltic Sea Nord Stream pipeline, a key part of the Moscow-based company’s plans to avoid shipping its fuel across Ukraine.
News
August 29, 2019
Twenty-five new exploration wells are planned as part of the new cycle of onshore exploration for which Croatia has awarded licenses.
Article
March 2019
During a recent industry conference in Houston, Croatian Hydrocarbon Agency President Marijan Krpan sat down with World Oil and discussed what his country is doing to improve production, including two new bidding rounds.
Article
February 2019
Russia’s development and the disconnect between oil prices and exchange rates
Article
February 2017
Last year will be remembered for its stark contrasts in global production rates, with North America absorbing the largest loss, while the Middle East and Russia chalked up big gains. It remains to be seen how OPEC’s quota deal in December will alter the rules of the game.
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.
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?