Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Libya's potential goes unrealised
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
Touchstone advances Central strategy
Canadian independent’s evolving portfolio in Trinidad and Tobago gives it access to the Atlantic LNG market and a close-up view of developments in neighbouring Venezuela
Upstream looks to deepwater rescue
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
Kazakhstan lays groundwork for transformation
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
Nigeria in upstream charm offensive
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
Letter from Saudi Arabia: Big oil meets big shovel
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
Venezuela mismanaged its oil, and US shale benefitted
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Outlook 2026: Peru 2026 – A confident step into a new energy era
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
Outlook 2026: A new chapter for Namibia – Building an energy future with purpose
The country’s hydrocarbon resources offer a strategic and social opportunity that could see it becoming a leading light in Africa
Outlook 2026: Renewal and growth in Nigeria’s upstream sector
Government reforms are restoring investor confidence in the country’s oil and gas industry
Upstream Poland
Paul Hickin,
Editor-in-chief
31 July 2025
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter on Poland: Flipping the energy narrative

The Wolin East-1 discovery is the country’s largest conventional hydrocarbon discovery and could change the energy conversation for the EU’s coal outlier.

Poland is the EU’s most coal-dependent country and the only member state without a coal phase-out date.  Coal makes up more than half of the country’s energy mix, while oil and gas is just a sliver of the total, at around 10%. But the huge hydrocarbon discovery by Central European Petroleum may alter this reality. CEP announced that the Wolin East-1 well has encountered a 62m hydrocarbon column in the Main Dolomite reservoir, confirming 200m boe of recoverable resource. There is potential for over 400m boe in total recoverable resources across the licence, making this is Poland’s largest conventional oil and gas discovery. While this discovery won’t herald a return to past glories, it

Also in this section
Qatar’s Golden Pass dilemma
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
The demand destruction timebomb
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
Lessons from the crisis
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
Libya's potential goes unrealised
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search