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Romanian fuel distribution company JP Grup Oil to launch Bucharest IPO

27 May 2024

JP Grup Oil seeks to raise €11mn-13mn in latest of a series of IPOs on Bucharest Stock Exchange this year.

Slovenia turns back to Algerian gas after flirtation with Russian supplies

26 May 2024

Slovenia used to get 30% of its gas from Algeria via Italy, then opted to rely on Russia. Now Ljubljana is scrambling to diversify.

This summer’s hurricane season will likely be dangerous

26 May 2024

The 2024 Atlantic hurricane season is expected to be highly active, according to early projections. The season starts on June 1.

PANNIER: Russia is pushing Turkmenistan out of the natural gas market

24 May 2024

Moscow’s moves to take over Central Asian pipeline capacity for deliveries to China might explain unusual urgency in the Turkmen search for new customers.

New plan for getting Turkmen gas to Europe – pipe it to Pakistan and ship it as LNG

23 May 2024

Pakistani petroleum minister outlines proposal at energy symposium. Says TAPI pipeline could be completed solely with Islamabad and Ashgabat funding.

TotalEnergies launches Kaminho deepwater project in Kwanza Basin offshore Angola

23 May 2024

Energy major TotalEnergies and its partners in Block 20/11 have announced a final investment decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.

Dark chapter for Turkey as it overtakes Germany to become Europe’s number one for coal-fired electricity

22 May 2024

The carbon fuel took a 34% share in Turkey’s power production versus the European average of 13% in the first four months of the year.

OMV warns Russia could cut off its gas supply

22 May 2024

Austrian oil and gas company OMV warned on May 22 that gas supply from Russia’s Gazprom could be halted in relation with a foreign court ruling, without identifying the case.

Chevron to exit UK North Sea

22 May 2024

Chevron has announced plans to divest its remaining oil and gas assets in the UK North Sea, marking its exit from the region after over 55 years.

Norwegian oil, gas supply beats forecasts in April

22 May 2024

Norwegian oil and gas production beat forecasts in April.

Bulgargaz files claim against Gazprom over lost gas supply

21 May 2024

Gazprom faces another compensation claim for lost gas supply from a former European customer – this time Bulgaria’s state gas company Bulgargaz.