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.

New gas field discovered in China

The estimated gas reserves amount to 100 billion cubic meters.

The Cabinet of Ministers approved the purchase of Nadra Yuzovska by Naftogaz

Naftogaz will have to make the payment within 15 days from the transfer of rights to the shares in Nadra Yuzovska.

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.

The UAE plans to produce up to 5 million barrels of oil per day by 2030

On Sunday, the UAE announced the discovery of new oil fields in the emirate of Abu Dhabi.

New oil fields discovered in the UAE

According to preliminary estimates, we are talking about a basin with a volume of 22 billion barrels.

Gas fields will be guarded by warships in Israel

The gas fields will be guarded by combat corvettes purchased from Germany.

Ukrnafta reduced oil and gas production in September

Ukrnafta's production in September amounted to 119.7 thousand tonnes of oil and condensate.

The State Service for Geology and Subsoil explained the situation concerning cancellation of Ukrnafta's license for the Boryslavske field

Kyiv District Administrative Court annulled the special permit for the development of the field, issued to Ukrnafta.

The court canceled the license of Ukrnafta for the Boryslavske field

The court considered the claim of the State Service for Geology and Subsoil of Ukraine against PJSC Ukrnafta.

Turkey discovered additional reserves of natural gas in the Black Sea

New drilling operations show larger volumes of gas in the largest gas field.