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Amber Grid completes construction of the gas pipeline under the Neris River
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The construction of the gas pipeline under the Neris River, part of the Gas Interconnection Poland–Lithuania (GIPL) project, has been successfully completed.
Historic first gas supply to Romania through Moldova
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The agreement reached for using the Moldovan gas transmission system opens the way for gas transit from Ukrainian underground storages to the market of Romania and other Balkan states.
PKN ORLEN to consolidate operations in China
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Poland’s oil refiner and petrol retailer PKN ORLEN is about to officially launch its operations in China in the second half of the year.
OMV Petrom confirms winning bid for Black Sea Offshore license in Georgia
OMV Petrom continues to expand its operations in the Black Sea region after being selected as the winner of an open international tender organised by the Ministry of Economy and Sustainable Development of Georgia.
Regulation authority approves Ukrtransgaz UGS development plan
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The NKREKP approved the plan for the development of gas storage facilities operator Ukrtransgaz up to 2029, as well as the investment program of UGS facilities for 2020.
Serbian-Hungarian interconnector to begin operations as planned
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Hungary’s transmission system operator FGSZ confirmed the development of the new Serbian-Hungarian interconnector capacity capable of transporting 6 bcma.
GAZ-SYSTEM signs deal to expand Poland’s LNG terminal
GAZ-SYSTEM signed contracts of 4.27 million euros to increase the capacity of its LNG terminal in Świnoujście aiming to diversify the supply of strategic energy resources.
NAFTA reports record profits after entering German market
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NAFTA has reported after-tax profits of 70.1 mln euros for 2019. A major gas storage milestone last year was especially the company’s entry into Germany’s market.
Hungary strikes deal with Russia on 4.2 bcm gas deliveries
Hungary signed a trade agreement with Russia's state-owned energy group Gazprom to purchase 4.2 bcm of natural gas for one year starting from this October.
INA requests strategic investment status for its Sisak biorefinery project
INA submitted an application to grant its advanced ethanol biorefinery project at its Sisak oil refinery the status of a strategic investment project for the country.
PGNiG and Gazprom confirm the application of a new pricing formula
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PGNiG and Gazprom confirmed the application of a new pricing formula, as set out in the arbitral award. Gazprom would also refund approximately 1.5 billion US dollars to PGNiG.
FuelsEurope unvails pathway to decarbonise the transport sector
A 650 billion euros investment plan would allow for the decarbonisation of the transport sector by the middle of the century according to a study of FuelsEurope.
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Polish government signs letter of intent for the development of offshore wind power
Representatives of the Polish government and entrepreneurs from the offshore wind industry signed a Letter of Intent on cooperation for the development of offshore wind power.
Amber Grid completes construction of the gas pipeline under the Neris River
The construction of the gas pipeline under the Neris River, part of the Gas Interconnection Poland–Lithuania (GIPL) project, has been successfully completed.
A second chance for coal regions in the energy transition
The EU launched the Just Transition Platform (JTP), to help Member States accessing over 150 billion euros of funds. Coal regions don’t have to die but they can play an active role in the energy transition.
Companies race to become net-zero
Getting to net-zero by 2050 will require tremendous effort from the private sector to make timely and sufficient steps towards decarbonisation. Each industry faces different obstacles, therefore the path they choose may also diverge.