Oil price may drop to $10 due to electrification of energy and transport – experts

Experts say the energy market will become more and more electrified, displacing most of the "dirty" hydrocarbons by the middle of the century.

Polish PGNiG starts drilling wells on the shelf of the North Sea

The initial maximum production will be about 30 thousand barrels of oil equivalent per day.

Ukrgazvydobuvannya contributed more than UAH 315 million of rent payments to local budgets in 3 months of 2021

Ukrgazvydobuvannya JSC, an entity of the Naftogaz Group, in January-March 2021 transferred UAH 315.2 million of rent payments to local budgets where the company produces hydrocarbons.

The Government has approved PwC as an independent auditor to audit financial reporting of Naftogaz for 2021-2022

The cost of services under the contract will amount to UAH 54,154,000.

Saudi Aramco agrees to sell up to 49% of the oil pipeline business

The transaction amount can range from $10 billion to $15 billion.

Dutch cargo ship adrift off Norway

There are about 350 tons of heavy oil and 50 tons of diesel fuel onboard.

Natural gas stocks in Europe

The total occupancy of European gas storage facilities (UGS) is 93.6%.

Oil price dynamics amid a price war between OPEC and Russia

Over the past week, world oil quotations have experienced serious volatility.

Energy Consumption in Ukraine in January 2020

Ukrainians buy more gasoline and liquefied gas compared to last January.

Ukrainian gas sector results (2nd quarter of 2019)

According to the results of the 2nd quarter of 2019, 5.21 billion cubic meters of natural gas were produced.