Latest news
Poland, Hungary, Czech to release oil reserves after pipeline shutdown
Poland, Hungary and the Czech Republic are offering their domestic refiners about 8 million barrels of oil from strategic reserves after supplies from Russia's Druzhba pipeline to Europe were halted, industry sources said on Friday.
read more... 06/05/2019
DEPA sells gas to Bulgaria at 16 pct less
Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.
read more... 18/04/2019
Lukoil has concluded Zhenis block's exploration and development in Kazakhstan
PJSC Lukoil, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (50/50 joint venture between Lukoil and KazMunayGas) will be operator of the project.
read more... 04/04/2019
Czech Republic's CEZ to close over 1 GW of coal plant by mid-2020
CEZ is to close just over 1 GW of coal-fired capacity by mid-2020, the Czech generator confirmed Wednesday.
read more... 28/03/2019
Azerbaijan suspends pumping oil through Baku-Novorossiysk
According to Azerbaijan´s Trend, the country has suspended oil pumping through Baku-Novorossiysk, said Ibrahim Ahmadov, Deputy Head of the Public Relations Department at SOCAR.
read more... 19/03/2019