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PGNiG prepares a development plan for another gas field in Norway

The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm.The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe to Poland.

read more... 24/10/2018

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Equinor finds new oil reserves at Cape Vulture discovery in Norwegian Sea

Equinor and its partner ENI and Petoro have completed the drilling of appraisal well on the Cape Vulture discovery in the Norwegian Sea.

read more... 05/10/2018

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Romania’s pit coal reserves are enough for 104 years but their exploitation is economically inefficient

Romania’s pit coal resources would be sufficient for 104 years, but their exploitation is impossible, being economically inefficient, so that four of the five groups in Deva will be closed down, show the draft of Romania’s Energy Strategy 2018 – 2030.

read more... 21/09/2018

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Gazprom Neft makes new oil discovery

Russian energy firm Gazprom Neft revealed it made a new find in a territory situated north of Kazakhstan which is estimated to have more than 80 million barrels of reserves.

read more... 12/02/2018

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Exxon Mobil discovers major oil reserves off Guyana

Exxon Mobil Corp declared that it had found a major oil reservoir off the coast of the South American state of Guyana.

read more... 09/01/2018

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