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.
Occidental Petroleum did not provide a reason for the leadership change but the CFO transition marks the second major management change at the oil and gas company in recent weeks.
Today’s featured 25 Influential Women in Energy honoree is Brenda Schroer, senior vice president, CFO and treasurer of Midland, Texas-based Concho Resources Inc.
Today’s featured 25 Influential Women in Energy honoree is Kristin Thomas, senior vice president of public relations at Oklahoma City-based Continental Resources Inc.