Eastern Europe
News
March 09, 2022
Russia’s invasion of Ukraine has brought a wartime energy transition to Europe. The continent’s decades-long timelines for overhauling energy supply systems that support more than 440 million people are now being revved up under extraordinary duress.
News
February 22, 2022
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized.
News
September 10, 2019
The project is the first of its kind for Croatia, which has the EU’s fifth-longest coastline, and is the result of the U.S. lobbying to reduce the country’s need for Russian gas. Once online, the terminal will have an annual capacity of 2.6 Bcm, equivalent to the country’s annual usage.
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.
News
February 19, 2018
German Chancellor Angela Merkel threw her country’s weight behind the Nord Stream 2 gas pipeline from Russia, boosting the chances that the controversial link will become reality.
News
February 08, 2018
Russia’s oldest natural gas buyer is ready to break up after more than 74 years.
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
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.
