PGNiG Company News
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Nearly $3B Raised for Louisiana LNG Projects
Friday, June 28, 2019Most of the additional $675 million will go toward the Plaquemines LNG project.
Poland's PGNiG Signs Agreements For Long-Term LNG Supplies From US
Wednesday, June 27, 2018PGNiG signs long-term agreements with US Port Arthur LNG and Venture Global LNG for liquefied natural gas (LNG) deliveries.
Poland Bets on LNG, Norway Gas as Divorce With Russia Looms
Friday, February 09, 2018Russia's oldest natural gas buyer is ready to break up after more than 74 years.
Poland's PGNiG Signs First Mid-Term Deal For LNG Supplies From US
Tuesday, November 21, 2017PGNiG signs its first mid-term deal for LNG deliveries from the United States.
Court Rejects PGniG's Attempt To Limit Gazprom's Use Of Opal Pipeline
Friday, October 13, 2017A German court confirmed it had rejected a request by Polish energy company PGniG and its German subsidiary.
Poland's PGNiG To Receive LNG Spot Delivery From Statoil In September
Tuesday, September 05, 2017PGNiG says it will buy 140,000 cubic metres of LNG from Norway's Statoil on the spot market this month.
Poland Suspends Russian Gas Supplies Via Yamal Pipeline Due To Poor Quality
Wednesday, June 21, 2017Poland temporarily halted gas deliveries from Russia via the Yamal pipeline due to poor quality of the gas.
Poland's PGNiG Says European Court Suspends Opal Pipeline Decision
Tuesday, December 27, 2016The European Court of Justice has suspended a European Commission decision to give Russia's Gazprom more capacity on the Opal gas pipeline through Germany, PGNiG CEO says.
PGNiG: 6 Oil, Gas Workers Kidnapped in Pakistan, Whereabouts Unknown
Monday, November 28, 2016Six oil and gas employees working for a contractor that seismic research company Geofizyka Krakow has been in collaboration with have been kidnapped in the northwestern part of Pakistan.
Polish Firms Concede Defeat In Search For Shale Gas Riches
Wednesday, October 12, 2016Poland's drive to exploit shale gas has come to an end with state-run gas firm PGNiG and oil refiner PKN Orlen drawing a line.
Poland's PGNiG: Buy-Back Is Not Offered To Particular Shareholder
Friday, August 12, 2016PGNiG decides on a share buy-back as it wants to allocate the free cash it generates but says the offer is not directed to any particular shareholder.
Poland's PGNiG Says Q2 EBIT Hit By Impairments
Thursday, July 07, 2016Poland's dominant gas firm PGNiG books impairments which diminish its operating profit by $156 million in the second quarter of 2016.
Poland's PGNiG Sets Up London Trading Office Despite Brexit
Tuesday, June 28, 2016Poland's top gas firm PGNiG will set up an office in London to buy liquefied natural gas, despite Britain voting to leave the European Union.
Poland's PGNiG to Receive First Spot LNG Cargo from Statoil on June 25
Tuesday, May 24, 2016Poland's state-run gas firm says it will receive its first spot delivery of liquefied natural gas (LNG) from Norway's Statoil on June 25.
Poland's PGNiG Swings To Net Loss In 4Q, As Expected
Friday, March 04, 2016PGNiG posts a net loss of $5.30 million in the 4Q from a profit of 688 million zlotys a year earlier, due to impairments and falling oil and gas prices.
Statoil Says Has no Plans to Invest in Gas Pipeline to Poland
Friday, January 29, 2016Norway's Statoil will not invest in a gas pipeline to Poland, it says, setting back plans by Polish gas firm PGNiG to reduce its dependence on supplies from Russia.
Poland's PGNiG Expects Norway Gas Pipeline Link by 2022
Thursday, January 28, 2016PGNiG's pipeline between Poland and Norway is expected to introduce a few billion cubic meters of annual gas capacity by 2022.
Poland Mulls Oil and Gas Mergers to Avoid Hostile Takeovers
Monday, January 11, 2016Poland's government is considering merging the nation's biggest oil and gas companies PKN Orlen, Grupa Lotos and PGNiG, three stalwarts of the Warsaw bourse.
PGNiG Replaces CEO with Former Economic Minister
Friday, December 11, 2015PGNiG replaces Mariusz Zawisza with Poland's former minister of economic affairs, Piotr Woźniak.
Poland's PGNiG to Launch Gas Production in Pakistan
Tuesday, November 24, 2015Poland's PGNiG will launch gas production in December at its concession in Pakistan.
Poland's PGNiG Eyes Iran's Oil and Gas Market
Monday, November 23, 2015Polish gas distributor is looking at various options in oil and gas exploration and production in Iran.
Profits Fall More Than Expected at Polish Gas Group PGNiG
Friday, November 06, 2015Polish gas firm PGNiG sees profits fall more than expected but expects 2015 core profit to be greater due to cost cuts and increased production.
PKN and PGNiG Extend Cooperation in Search for Polish Oil, Gas
Monday, July 20, 2015PGNiG and PKN Orlen join forces in the search for gas and oil resources in the mountains of southeast Poland.
Poland's PGNiG Says Sees Lower Gas Supplies from Gazprom
Wednesday, September 10, 2014PGNiG says that it is seeing reduced gas supplies from Russia's Gazprom and is trying to clarify the reason why.
Poland's PGNiG Says Natural Gas Production Rose 4% Year-on-Year In 2Q
Tuesday, July 22, 2014Poland's PGNiG sees a 3.7% increase in its 2Q gas production.
Regulator: Poland Should Consider Nationalizing Top Gas Group
Monday, June 23, 2014Poland's energy regulator says the country should consider nationalizing and delisting its top gas group PGNiG to safeguard its energy supply.
Chevron, Polish Firm Jointly Explore For Shale Gas
Monday, March 31, 2014PGNiG and Chevron agree to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration amid tension with major gas supplier Russia.
Poland's PGNiG Finds New Gas Deposit in Southern Poland
Wednesday, February 12, 2014Poland's PGNiG finds a new gas deposit in the southeastern part of the country, with resources estimated at several billion cubic meters.
Poland's PGNiG Says Oil Production Doubled In 2013
Monday, January 20, 2014PGNiG says it doubled production of crude oil last year to about 1.1 million tonnes and raised output of natural gas to 4.6 billion cubic meters from 4.3 billion in 2012.
Polish Gas Firm PGNiG Writes Down Its Libyan Investment
Friday, January 17, 2014PGNiG has taken a $136 million writedown equal to its entire investment in a Libyan gas and oil exploration project hit by delays and military conflict, the company says.
Poland's PGNiG Appoints Mariusz Zawisza as CEO
Monday, December 30, 2013PGNiG appoints Mariusz Zawisza as its new chief executive officer.
Chevron And PGNiG To Cooperate On Shale Gas In Poland
Thursday, December 12, 2013Chevron will join forces on shale gas exploration in south-eastern Poland with local state-controlled gas firm PGNiG to lower costs and speed up the work, PGNiG says.
BP Starts Up Skarv Field
Wednesday, January 02, 2013After a strike in Norway threatened to delay development of the field, BP meets its end 2012 deadline to begin production at Skarv in the Norwegian Sea.
Poland's Proposed Hydrocarbons Tax Based On Volumes, Profit
Tuesday, October 16, 2012Poland's govt proposes a new tax structure for its oil and gas sector, which will be based on both the value of a given company's production volumes and its profits.
FX Energy Updates Drilling Activity in Poland
Monday, August 20, 2012FX Energy on Monday reported that a liner has been set through the Zechstein section of the Kutno-2 well and cemented to a depth of 20,372 feet (6,209.5 meters).
BP Makes 'Small' Gas Discovery in North Sea
Wednesday, July 18, 2012BP's gas discovery, estimated at up to 81 billion cubic feet, is near Eni's Marulk gas field.
PGNiG Commences Drilling Well in Poland
Monday, April 02, 2012FX Energy, Inc. announced that drilling has commenced on the Komorze-3K well in the Fences concession in central Poland.
PGNiG to Commence Flow Testing at Polish Well
Tuesday, August 09, 2011PGNiG is about to commence flow testing at Niebieszczany-1 well, the first of a three well program in Bieszczady, Poland.
PGNiG IDs Gas Column at Lisewo Well
Tuesday, February 01, 2011PGNiG has drilled the Lisewo 1K well to a total depth of 3,945 meters and has encountered gas shows.
Halliburton Performs 1st Hydro-Fracking Operation in Poland
Thursday, August 12, 2010Halliburton recently performed the first-ever, shale hydraulic fracturing operation in Poland for PGNiG.
Gas Discovered at Snadd North Prospect
Tuesday, June 08, 2010PGNiG Norway and its license partners discovered gas deposits in the Snadd North prospect.
Nexen Wraps Up Drilling Activity at Dry North Sea Well
Tuesday, February 09, 2010Nexen, operator of production license 419, is in the process of completing the drilling of wildcat well 35/9-5, which will be classified as dry.
Aurelian Signs on for 2 Siekierki Tight Gas Appraisal Wells
Tuesday, November 24, 2009Aurelian has signed a commitment letter through its Polish subsidiary to drill two appraisal wells on its Siekierki tight gas project in Poland.
PGNiG Sets Up Shop in Egypt
Thursday, October 15, 2009PGNiG has opened a new branch of operations in Egypt, where the company will focus primarily on exploration for and subsequent production of crude oil.
PGNiG Posts Financial Performance for 1H 2009
Monday, August 31, 2009PGNiG's financial performance fared better during the second quarter than during the first quarter, with net loss less than four times the amount in Q1.
PGNiG to Start Seismic Works on Danish E&P License
Tuesday, July 28, 2009Mid-September, PGNiG is to start seismic works to explore oil & gas deposits on its license situated in southern Denmark.
PGNiG, Orlen to Jointly Complete Extraction Project in Poland
Monday, June 22, 2009PGNiG and Orlen have concluded an agreement on the joint completion of an exploratory and extraction project, located in northwest Poland.
PGNiG, Egyptian Oil Ministry Ink Exploration Deal for Bahariya Block
Wednesday, May 20, 2009PGNiG and the Egyptian Ministry of Oil signed a contract on the exploration and development of oil deposits in the Bahariya block in the Western Desert.
PGNiG Collects E&P Interest on Norwegian Continental Shelf
Tuesday, May 05, 2009PGNiG Norway will acquire a 35% participating interest in the PL521 exploration and production license on the Norwegian Continental Shelf.
Skanled Project Suspended on Lack of Gas Demand
Wednesday, April 29, 2009The Skanled Project Group has today decided to suspend the Skanled project due to "a lack of gas volumes," according to Gassco's Chief Executive.