On Monday, Central European Petroleum announced the discovery of what is believed to be the largest oil reserves ever found ...

The firm’s chief executive said the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

Central European Petroleum (CEP) has announced a major conventional oil and gas discovery off Poland’s Baltic Sea coast, in ...

Despite sanctions, the EU continues to import fossil fuels from Russia, but the discovery of a new oil field could help ...

The company that recently reported promising early results from an offshore gas exploration well in Poland has announced the ...

Oil prices eased on Friday and settled at a three-week low as traders worried about negative economic news from the U.S. and ...

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the ...

The discovery could have significant implications for the country's efforts to wean itself off of Russian energy.

If this discovery is ultimately confirmed, the Wolin East deposit could become the largest oil and associated natural gas ...

Poland has discovered one of Europe's largest conventional oil and gas fields in a decade, a finding likely to massively boost national production and cut heavy reliance on imports.

The USD/CAD pair prolongs its uptrend for the fourth straight day on Tuesday and climbs to a one-and-a-half-week top, above ...

With the potential to more than double Poland's current estimated oil reserves, the discovery looks set to boost the energy security of the NATO member.