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PGNiG Upstream Norway acquires two new fields in the North Sea

PGNiG Upstream Norway signed an agreement with Norske Shell to acquire interests in Kvitebjørn and Valemon, two producing fields in the North Sea. The gas produced will be sent to Poland after the Baltic Pipe link is launched.

Romania is one step closer to link Black Sea fields to shore

Romania took an important step to start the exploitation of its first gas deposit offshore as BSOG launched the installation phase for a 121 km subsea gas pipeline within the offshore Midia Natural Gas Development Project.

Amber Grid launches preparatory work for connecting GIPL to the transmission system

After completing the directional drilling and laying the gas pipes for the GIPL under the country’s widest rivers on schedule, Amber Grid has begun preparations for connecting the pipeline to the gas transmission system.

DESFA’s investments to reinforce Greece as an international energy hub

DESFA is funding projects worth 500 million euros, in order to reinforce Greece as an international energy hub, as well as to upgrade the energy security of the Eastern Mediterranean region.

Ukraine’s oil and gas industry requires certain government decisions

Naftogaz Group is seeking to increase its resource base through the exploration of new fields and by developing the potential of new projects. However, the oil and gas industry requires certain government decisions.

PKN ORLEN begins a tender procedure for its hydrogen hub

PKN ORLEN commenced a process to select the contractor to build a hydrogen hub in Włocławek, designed to ultimately produce up to 600 kilograms of purified hydrogen per hour.

PKN Orlen and PGNiG considers joint investment in Ostrołęka power plant

PKN Orlen and PGNiG will start to analyse the possibilities of joint investments regarding the construction of a combined cycle gas turbine block in Ostrołęka and the development of a biogas plants network.

Hungary signs historic long-term gas supply agreement with Shell

Hungary will buy 250 bcm of LNG annually for 6 years from Royal Dutch Shell via Croatia’s Krk LNG port. This means that Hungary will secure 10% of its gas supply from the West.

GIPL pipeline to be completed in 2021 as planned

Almost 50% of planned works of the gas pipeline link GIPL – the energy project of strategic importance for Lithuania and the Baltic region - have been performed and the entire project should be accomplished by the end of 2021.

OMV Petrom expands Upstream operations entering the Han-Asparuh exploration block

OMV Petrom completed the transaction for the acquisition of 100% of the shares in OMV Offshore Bulgaria, thus entering the Han-Asparuh exploration block.

EBRD invests in Ungheni-Chisinau gas pipeline

The EBRD acquired 25 per cent stake in Vestmoldtransgaz, the gas transmission company that is operating the newly built Ungheni-Chisinau gas pipeline that will enable Moldova to diversify its energy sources.

PGNiG receives second LNG load in Lithuania

The second load of approximately 3,000 cubic metres of LNG has arrived at the Klaipėdos Nafta reloading station after PGNiG became the sole user of the facility earlier in April.

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Kosovo to expand its wind capacity with 57.5 mln euros EBRD loan

Kosovo, a country heavily reliant on coal, took a major step towards the decarbonisation of its electricity sector with the help of a 57.5 mln euros loan from the EBRD to finance the construction of a 105 MW wind farm.

PGNiG Upstream Norway acquires two new fields in the North Sea

PGNiG Upstream Norway signed an agreement with Norske Shell to acquire interests in Kvitebjørn and Valemon, two producing fields in the North Sea. The gas produced will be sent to Poland after the Baltic Pipe link is launched.

Antje Kanngiesser appointed new CEO of the Alpiq Group

Antje Kanngiesser has been appointed as the new CEO of the Alpiq Group, the leading Swiss electricity producer.

Taking account of social and environmental impacts ahead of the World Tourism Day

Tourism has been among the hardest hit of all sectors by the COVID-19. On this World Tourism Day, the pandemic represents an opportunity to rethink the future of the tourism sector, including how it contributes to the sustainable development goals.