Poland's dominant gas firm PGNiG and No.1 refiner PKN Orlen have joined forces in the search for gas and oil deposits in the mountains of southeastern Poland, PKN said in a statement on July 20.
Orlen Upstream has signed a deal with PGNiG under which both firms are to conduct research on eight exploration licences near the Bieszczady mountains. Both firms have already worked together in parts of Poland.
Poland is trying to reduce its reliance on imported energy from Russia, but still more than a half of the gas it consumes is imported from its former imperial master. The dependency is even bigger in terms of oil.
Poland had expected to find huge shale gas deposits but these hopes have faded and major energy firms including Chevron , and Total have pulled out of shale gas exploration concessions.
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2022-06-06 - China Gas signed a 25-year agreement for LNG supply from Energy Transfer's Lake Charles LNG export facility, representing the first long-term LNG contract the company has signed.
2022-05-02 - NextDecade Corp. will supply French utility company Engie with LNG from its Rio Grande LNG export facility on a free-on-board basis, pre a 15-year sale and purchase agreement.
2022-05-23 - The captured carbon will permanently stored in a saline aquifer using an injection well with a capacity of up to 2 million tons of CO2 per year.
2022-05-26 - The announcement by Enbridge follows Venture Global’s final investment decision on May 25 to build the $13.2 billion Plaquemines LNG project in Louisiana’s Plaquemines Parish.