EurOil - Europe Oil & Gas
Scotland's only oil refinery closes
Scotland’s only oil refinery shut down last week, marking the end of operations at one of the UK’s oldest oil-processing plants.
BLOG: The EU’s glacial push to eliminate Russian LNG
The EU is continuing to grapple with the complex challenge of eliminating its remaining oil and gas imports from Russia, as the European Commission prepares to unveil a roadmap this week outlining how to achieve that goal, hopefully by 2027.
Profit of Romania's OMV Petrom down 24% y/y in Q1
OMV Petrom (BVB: SNP), Romania’s largest energy group, saw its shares decline by 3.5% on April 30 following the release of its first-quarter 2025 financial results, which showed a 24% year-on-year fall in net profit despite an increase in sales.
MOL and TPAO bring upstream partnership to Hungary
Hungarian oil and gas company MOL and Turkish peer TPAO are partnering on hydrocarbon exploration and production in the west of Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said.
Turkey’s TPAO to explore for hydrocarbons in Hungary with MOL
Turkish Petroleum Corporation (TPAO) is set to jointly explore for hydrocarbons in Hungary with that country’s oil, gas and petrochemicals group MOL.
Woodside signs LNG supply deal with BP for new Louisiana LNG plant
Australia’s Woodside Energy has inked an LNG supply and purchase agreement with British supermajor BP for its freshly approved Louisiana LNG project.
NIS profit slumps amid lower oil prices and sanctions pressure
Serbia's Oil Industry (NIS) reported a sharp drop in net profit for the first quarter of 2025, as the company grappled with falling oil prices and the ongoing threat of US sanctions.
US vows to raise LNG exports to Europe
The US will increase LNG supplies exported to Europe, US officials have vowed.
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