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Ukrainian gas reserves up by almost half as country prepares for no deal with Russia

Ukrainian state gas company Ukrtransgaz, the gas transmission operator of Naftogaz Ukraine, has announced that natural gas reserves in the country’s underground storage facilities had grown by 48.5 per cent to reach more than 13 billion cubic metres as of June 22. The figure is the highest in six years.

read more... 25/06/2019

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Lundin makes two oil discoveries near Edvard Grieg field offshore Norway

Lundin Petroleum has confirmed more oil reserves in the PL338 license on the Utsira High on the Norwegian continental shelf through the drilling of the 16/1-31 S (Jorvik) and (16/1-31 A) Tellus East exploration wells.

read more... 21/06/2019

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Gazprom Neft, Shell to create JV to develop license blocks in Yamal

Total reserves in place at fields to be owned by the Meretoyakhaneftegaz JV will be nearly 1.1 billion tonnes of oil

read more... 10/06/2019

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Gazprom discovers 2 new fields containing over 500 billion cu m of gas on Yamal shelf

The Federal Agency for Mineral Resources approved the expert opinions of the State Reserves Commission with regard to the discovery by Gazprom of new hydrocarbon fields on the shelf of the Yamal Peninsula, namely the Dinkov and Nyarmeyskoye fields.

read more... 21/05/2019

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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

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