Latest news
Poland's PGNiG and Ukraine's ERU team up on gas exploration
Poland’s leading gas firm, state-run PGNiG, said on Monday it agreed a deal with Ukraine’s ERU Management Services to cooperate on hydrocarbon extraction and exploration in Ukraine.
read more... 10/12/2019
Russia to increase gas production to 740 million cubic meters in 2019
Russia will increase gas extraction by 2% to 740 billion cubic meters in 2019 compared to last year, Russian Energy Minister Alexander Novak said in an article published in the Energeticheskaya Politika (Energy Policy) magazine.
read more... 06/12/2019
Kazakhstan achieves biggest oil extraction in its history
Kazakhstan achieved the biggest oil production in its history during 2018, with 90 million tons, governmental sources said on February 8. In 2017, crude oil output amounted to 86.2 million tons.
read more... 11/02/2019
Total will extract gas at Azerbaijani Absheron field in early 2020
Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.
read more... 21/02/2018
Shale gas extraction - one of the least clean energy ways to generate power
According to a new report from The University of Manchester, shale gas fracking is considered one of the least sustainable ways to produce electricity. Among the nine forms of power generation, fracking is ranked on the seventh place.
read more... 19/01/2018