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09.05.2014
Record-high crude oil production and mild winter weather as key contributors to PGNiG Group’s performance in Q1 2014
In Q1 2014, the PGNiG Group posted a net profit of almost PLN 1.2bn. This was 10% higher than in the corresponding quarter of 2013, primarily on the back of record-high crude oil production, lower gas sales and falling gas prices on European exchanges.
05.05.2014
PGNiG SA commences drilling of the Tępcz-1 borehole in Pomerania
Polskie Górnictwo Naftowe i Gazownictwo SA has commenced the drilling of the exploratory Tępcz-1 vertical borehole, the purpose of which is to investigate the hydrocarbon potential of shale deposits.
16.04.2014
PGNiG Group – crude sales up in Q1 2014
In Q1 2014, the PGNiG Group sold 287 thousand tonnes of crude oil, up 38.6% relative to 207 thousand tonnes sold in the corresponding period of 2013.
03.04.2014
Waldemar Wójcik appointed as member of the PGNiG SA Management Board
At the meeting of April 3rd 2014, the Supervisory Board of PGNiG SA appointed Mr Waldemar Wójcik, nominated by PGNiG employees, as member of the Company's Management Board.
02.04.2014
PGNiG SA terminates its agreement with the consortium contracted to expand the Wierzchowice Underground Gas Storage Facility
Polskie Górnictwo Naftowe i Gazownictwo SA has terminated its agreement with the consortium carrying out the construction work at the Wierzchowice Underground Gas Storage Facility, citing non-performance and defective performance of the agreement in conflict with its provisions as the grounds for the termination.
01.04.2014
PGNiG Management Board's recommendation concerning allocation of the 2013 profit
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA has resolved to recommend that the General Meeting of PGNiG allocate an amount of PLN 885m, out of the 2013 net profit of approximately PLN 1.69bn, to dividend payment. This would translate into dividend per share of PLN 0.15.
31.03.2014
PGNiG SA and Chevron to explore for Polish shale gas together
On March 31st 2014, Polskie Górnictwo Naftowe i Gazownictwo SA and Chevron Polska Energy Resources signed a collaboration agreement for shale gas exploration in south-eastern Poland.
05.03.2014
Record-high crude production bolsters PGNiG Group’s performance in 2013
In 2013, the PGNiG Group earned over PLN 1.9bn in net profit, which was primarily attributable to record-high crude oil production after the Lubiatów facility and the Skarv field on the Norwegian Continental Shelf were brought on-stream, and to improved profitability of gas sales.
28.02.2014
PGNiG Group to invest almost PLN 4.5bn in 2014
The PGNiG Group is planning capital expenditure of close to PLN 4.5bn in 2014, chiefly in the upstream segment and on expansion and upgrade of its gas network.
27.01.2014
PGNiG Upstream International granted another operatorship licence in Norway
PGNiG Upstream International, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, has been awarded a 50% interest in the PL756 operator licence in the Norwegian Sea.
