Russia’s Gazprom PJSC said it has halted gas flows to Poland and Bulgaria and will keep the supplies turned off until the two countries agree to Moscow’s demand to pay for the crucial fuel in rubles.
European Union leaders failed to reach a deal on how to react to the unprecedented gas crisis that sent energy prices to record levels after Poland and the Czech Republic demanded stronger action to cap the costs of pollution.
With winter fast approaching and a stunning energy price surge pummelling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower.
PGNiG has acquired a 25% interest in the Musakhel Block in central Pakistan, which the Polish state oil and gas producer estimates holds 16 billion cubic metres of gas resources.
Polish oil refiner PKN Orlen’s announcement that it will only complete the 1 GW Ostroleka power plant if it is fuelled by gas and not coal signals that Poland’s energy transition is underway.
Loganair has made a first foray into Eastern Europe to support travel for key workers from Latvia and Poland in the North Sea emergency response industry.
A consortium of Gazprom and five European allies has withdrawn its application to set up a Polish joint venture to build the Nord Stream 2 pipelines in the Baltic Sea.
The consortium which built Poland's new liquefied natural gas (LNG) terminal said it has filed a request for additional payment of as much as $49million from Polskie LNG.
Protea said it has recently completed the manufacture of a crane package for an FSO (Floating, Storage and Offloading) vessel which will be charted by Total.
The FSO will be used by the French company at the Martin Linge offshore development.
Poland is said to be considering mergers between its three biggest state-run oil and gas companies.
A number of options are being considered by the government as to what shape the move would take.
Investment firm Prospex Oil & Gas has agreed its first conditional acquisition since converting into an AIM investing company in April last year with a deal to buy a 49% stake in Hutton Poland.
Poland's new LNG terminal received its first supply of gas on Friday, from Qatar, inaugurating the country's flagship project to diversify energy supplies and reduce its dependence on Russia.
Live ship-tracking data on Reuters Eikon showed a methane tanker, Al Nuaman, entering the port in the Baltic city of Swinoujscie, carrying 210,000 cubic metres of liquefied natural gas (LNG).
The gas will be used to get the terminal up and running.
San Leon Energy said the Rawicz-15 development well in Poland will be spud next month.
The development well is in the country’s southern Permian Basin and in addition to providing a second well, it is also hoped it will provide further data on the sandstone reservoir.
Poland's biggest gas distributor PGNiG will start oil and gas exploration in eastern Germany, as part of a bigger plan to boost production assets outside Poland.