Naftogaz received special permits for the development of four oil and gas fields

In 2022, the company plans to receive the first gas.

Offshore oil exploration in Montenegro begins

The government hopes this will help diversify Montenegro's economy so that it no longer depends on the tourism industry.

Ukrnafta reduced oil and condensate production in February

The company met its production target for oil and gas production in February.

Naftogaz plans to drill offshore wells at the end of 2022

They plan to invest $20 billion in gas production over the next 10 years.

Ukrnafta reduced oil and condensate production in January

Average daily hydrocarbon production in January amounted to 3.99 thousand tons of oil and condensate and 2.94 million m3 of gas.

Smart Energy launched well #25 at Svyrydivske field

Currently, the well is producing at a stabilised flow rate of approximately 55 thousand m3/day of gas and 13 t/day of condensate.

Brent price surpassed $61 per barrel

Brent price surpassed $61 per barrel.

Biden plans on limiting oil drilling in US federal states

About 25% of the oil in the United States is produced on the federal lands.

Naftogaz discovered a new gas condensate field in Poltava region

A new exploration well confirmed the presence of gas deposits in the Pearl area at a depth of 6150 m.

Oil production in the United States will decrease to 7.44 million barrels per day

The largest drop is predicted for projects in the Permian Basin.

Naftogaz applied to AMCU regarding the acquisition of corporate rights at Yuzovske field

The company will be ready to start working on it immediately after the completion of official procedures.

EU extends sanctions against Turkey over Mediterranean drilling

The EU High Representative for Foreign Policy will prepare a report on relations with Turkey by March 2021.