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Polish PGNiG to launch oil and gas exploration in Germany

Polish state-controlled oil and natural gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is expected to commence oil and gas explorations in eastern Germany, as part of a bigger plan to boost production assets outside Poland.

read more... 07/08/2015

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Dutch government interdicts shale gas drilling for 5 years

The Dutch government declared on Friday it would interdict shale gas drilling for five years and not renew current exploration licenses because of uncertainties about the ecological impact.

read more... 14/07/2015

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Shell thinks about pulling plug on last Ukraine exploration well

Oil major Shell is thinking about retiring from its last exploration well in Ukraine since the project has been on hold for approximately a year because of the conflict between pro-Russian separatists and Ukrainian forces.

read more... 12/06/2015

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Russia’s Gazprom wants to invest in Brazil oil, gas

Russia's Gazprom is thinking about investments in oil and natural gas in Brazil and might bid for exploration rights in the nation's 13th-Round concession auction in October, as stated by Shakarbek Osmonov, manager for Brazil and Latin America.

read more... 09/06/2015

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Conoco the last global oil firm to abandon Polish shale gas

ConocoPhillips, the U.S. energy firm, declared on Friday it has ceased its shale gas exploration in Poland because of unsatisfactory results, leaving the rest of the field to Polish state-run companies.

read more... 08/06/2015

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