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Ukraine increased by 59% its gas imports from Europe in 2014

Europe increased its natural gas flows towards Ukraine by 143% year on year, or 3 billion cubic meters, to 5.1 Bcm in 2014, up from 2.1 Bcm in 2013, as reported on Monday by state-owned gas shipper UkrTransGaz. Ukraine imported European gas via Slovakia, Poland and Hungary.

read more... 06/01/2015

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Statoil launched its Valemon offshore oil and gas field

Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.

read more... 06/01/2015

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Croatian government grants 10 hydrocarbon exploration licences off Adriatic coast

The Croatian government on Friday awarded 10 licences to explore for oil and gas off Croatia’s Adriatic coast.

read more... 05/01/2015

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Poland: PGNiG intends to make an investment of about 50 billion zlotys by 2022

Poland's leading gas group PGNiG intends to make an investment of about 40-50 billion zlotys by 2022 in organic development and purchases since it desires to respond to unfavorable regulations with increased upstream operations and other activities, as it stated on Monday.

read more... 02/01/2015

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Egypt inks agreement to import LNG from Algeria

Egypt inked an agreement on Monday to import liquefied natural gas from Algeria between April and September, as stated by the oil ministry, since it aims to reduce a chronic energy shortage.

read more... 02/01/2015

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