On February 26th, Ukrnafta’s new management team delivered a long-term strategy to the company’s Supervisory Board for their consideration.
Bulgarian MPs rejected on Wednesday a proposal submitted by nationalist opposition Ataka party to renew activities related to the construction of the South Stream natural gas pipeline.
Due to a continuous decrease of the world oil price for the past few months, Ukrnafta PJSC is taking urgent measures to cut operational costs of the company.
Poland’s government is considering merging the nation’s biggest oil and gas companies PKN Orlen SA, Grupa Lotos SA and PGNiG SA, three stalwarts of the Warsaw bourse, reports Bloomberg.
Russia is set to continue with the South Stream pipeline project in a matter of few weeks, a Bulgarian mass circulation daily has reported.
With Lithuania’s long-term gas supply contract with Gazprom approaching expiry, Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT), a gas imports and supply company controlled by Lithuania’s state-owned energy holding company Lietuvos Energija (Lithuanian Energy), sa
Gazprom is considering entry into Vietnam’s energy market and constructing an LNG terminal in Dong Nai – according to news website Vietnam News.
An agreement to build the so-called Poland-Lithuania Gas Interconnection pipeline was signed on Thursday by Estonia, Latvia, Lithuania, and Poland.
Polski Koncern Naftowy ORLEN through its 100% subsidiary, ORLEN Upstream, has entered into an agreement to acquire all outstanding shares of FX Energy, listed on the New York stock exchange NASDAQ.