Poland will no longer need Russian gas supplies delivered by the Yamal pipeline next October owing to the start of deliveries of North Sea gas via the new Baltic Pipe.
The Polish State Assets Minister has stated that LNG contracts signed by oil and gas PGNiG company with the US and other natural gas projects let Poland be more optimistic about the future and more independent of Russian gas deliveries.
Polish Oil and Gas Company (PGNiG) has bought majority stake in a Ukrainian company holding a gas exploration licence for an area bordering Poland.
Polish Oil and Gas Company (PGNiG) estimates it could increase its domestic natural gas resources by over 7 billion cubic meters in 2021-2022 thanks to its Smart Field project, which relies on artificial intelligence.
Oil and gas group PKN Orlen will take over its peer Lotos and natgas group PGNiG by issuing new shares to be acquired by Lotos and PGNiG shareholders, the companies said in parallel market filings after striking an agreement with the State Treasury.
Polish leading oil company PKN Orlen has asked the country's anti-trust regulator UOKiK for the green light to take over Poland's natural gas monopolist PGNiG.
Polish oil and gas company PGNiG and Ukraine’s Naftogaz Group have signed a letter of intent on cooperation in hydrocarbon exploitation and production in Ukraine.
The European Commission has asked the Office of Competition and Consumer Protection (UOKiK) to examine the acquisition of Poland's gas monopolist PGNiG by the country's largest refiner PKN Orlen, UOKiK said on Friday.
Poland's oil and gas giant PGNiG obtained four production licences on the Norwegian continental shelf, while Poland's second biggest fuel company Lotos gained three during the annual licensing round held by the Norwegian Ministry of Petroleum and Energy.
The state-controlled Polish Oil and Gas Company (PGNiG) has been given the green light by the Norwegian Petroleum Directorate to acquire stakes in two gas producing fields in the North Sea, the firm said on Tuesday.
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