The firm’s chief executive said the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

World European country discovers one of the largest oil fields in Europe, doubles its reserves by more than 240 million barrels Despite sanctions, the EU continues to import fossil fuels from ...

The Berlin Institute for Energy Studies believes that this discovery “reshapes the European energy map” and could turn Poland ...

Central European Petroleum (CEP) has announced a major conventional oil and gas discovery off Poland’s Baltic Sea coast, in ...

Euronews asked analysts if the huge oil and gas deposits discovered under the Baltic Sea offer Europe a chance to be less reliant on Russian energy.View on euronews ...

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the broader concession potentially containing even more.View on euronews ...

Dr. Charle Gamba, of Bogota, Columbia, is currently a Co-Founder, Director, President and Chief Executive Officer of Canacol Energy Ltd. Dr. Gamba has over 30 years of international oil and gas ...

China, the world’s largest oil importer, has built up a 220 million barrel reserve of the commodity over the past decade, according to Energy Aspects Ltd. The buffer differs from strategic petroleum ...

HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month ...

That would more than double Poland’s current estimated oil reserves, which stood at around 20.2 million tonnes in 2023, according to Polish public broadcaster TVP.