What are exploration and production companies?
An exploration & production (E&P) company is in a specific sector within the oil and gas industry. Exploration and production is the early stage of energy production, which includes searching and extracting oil and gas. An E&P company finds and extracts the raw materials used in the energy business.
Who owns PGNiG?
As of September 2019, PGNiG’s shareholder structure is: 71.88% – State Treasury. 28.12% – Free Float.
What is E&P sector?
Upstream sector, also known as Exploration and Production (E&P) sector, is associated with exploring and producing hydrocarbons (crude oil and natural gas). A large part of midstream activities also includes transportation and storage of crude oil and natural gas.
What does PGNiG stand for?
Polish Oil and Gas Company
PST is 100% subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG – Polish Oil and Gas Company), leader of the Polish gas market with a tradition of more than 130 years in energy. PGNiG is listed at the Polish stock exchange and operates in exploration and production of natural gas and crude oil.
How many refineries are there in Poland?
Oil refinery capacities of Poland between 2005 to 2020 (in 1,000 barrels daily*)
| Characteristic | Refinery capacity in 1,000 barrels per day |
|---|---|
| 2020 | 581 |
| 2019 | 581 |
| 2018 | 581 |
| 2017 | 568 |
What is upstream and downstream business?
As a business owner or operations manager responsible for production, understanding the supply chain is essential to the success of your business. Upstream refers to the material inputs needed for production, while downstream is the opposite end, where products get produced and distributed.
What is the definition of frac?
Frac or fraccing, short name for Hydraulic fracturing, a method for extracting oil and natural gas.