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NEWS

Polish unconventional gas test drilling results expected soon

Polish Oil and Gas Company (PGNiG) has announced that the results of preliminary work aimed at proving unconventional gas reserves in the Markwola well in Lublin Province in eastern Poland will be announced in the end of September. Aurelian Oil&Gas expects the first results of their drills by the end of this year, wnp.pl reports.

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ECONOMY

July in statistics

Poland’s Central Statistical Office (GUS) published their monthly report presenting the country’s socio-economic situation.

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Poland’s transport sector slightly slowed down in 2009

Poland’s Central Statistical Office (GUS) has published its annual report TRANSPORT – ACTIVITY RESULTS IN 2009. The publication is available in Polish and English. It contains comprehensive and detailed information on the sector’s activity.

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BUSINESS

Hitachi Power ventures on Polish coal

A cut back of investments in new coal-fuelled power plants can be currently observed across Europe, however 2011 should see a recovery in this sector, Matthias Jochem Ph.D., VP of Hitachi Power Europe tells wnp.pl.

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WSE outdoes regional competitors

According to recent statistics published by the Federation of European Securities Exchanges (FESE) after the end of H1 2010, the distance between the WSE and other CEE and South European exchanges is growing, the Warsaw Stock Exchange informed in a communiqué.

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SCIENCE&EDUCATION

Poland aims at the protection of the Baltic Sea

On 25 August 2000, in Stockholm, Sweden, Professor Andrzej Kraszewski, Polish Minister of the Environment, participated in the high-level seminar titled ‘Building marine policy on the best available knowledge’ that followed the 33rd HELCOM Meeting.

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Unprecedented discovery in Polish Lakeland

An extraordinary scientific discovery was made in course of drilling work performed in the area of the Masuria Lakeland, near the town of Suwałki. A 0°C temperature permafrost layer was found at -356 m.

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CULTURE

Polish architects voted best

Kwadrat Architectural Studio in the Baltic city of Gdynia has won an international competition for the design of a World War II Museum in Gdansk. The Gdynia-based studio beat 128 competitors. The construction of the museum is to start in 2012. The official opening ceremony is planned for September 1, the 75th anniversary of the outbreak of WWII.

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Sinfonia for Warsaw

The internationally acclaimed Polish symphonic orchestra - Sinfonia Varsovia and Sinfonia Varsovia Foundation invite for the 10th “Sinfonia Varsovia for Its City” Festival in homage to Franciszek Wybrańczyk. This year’s edition, on from 4 to 19 September, will feature 2 symphonic and 21 chamber music concerts.

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PRESS RELEASES

Polish-made Toyota engine ranks first in the ranking “Engine of the Year”

“Engine of the Year” is the most important sector contest, where the engines are marked by 65 motoring journalists from all over the world. Since the beginning of the contest in 1999 Toyota has collected 22 prizes in different categories. This year, apart from the prize for a sub1-litre engine, Toyota classified first in the category “Green Engine of the Year” for the “Toyota Hybrid Synergy Driver” which is a combination of electric and internalcombustion engine.

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OGEC Cracow returns to Mozambique market

The Oil & Gas Exploration Company Cracow Ltd. (PGNiG SA Group) returns to Mozambique. The Company has signed a contract for exploration and horizontal drilling up to 2000 m with the international company SASOL Petroleum Temane Limitada, a wholly owned subsidiary of Sasol Petroleum International.

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EURO 2012

EURO 2012 roadblocks

Polish preparations for Euro 2012 European Football Championship to be co-hosted by Poland and Ukraine are delayed, Poland’s Supreme Chamber of Control (NIK) said on Monday. Almost half of projects reviewed by NIK are not carried out on schedule and almost a third will not be completed before the start of the championships.

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BLOG

Municipal lending boom has me bubble-sensitive

Maybe we’re all just a bit sensitive to the appearance of a bubble, what with having been so thoroughly splattered the last time one burst.

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