EurOil - Europe Oil & Gas
Istanbul-listed Aygaz to acquire two more LPG vessels from Korea’s Hyundai Samho for $234mn
Turkey’s Aygaz (AYGAZ) has signed a shipbuilding contract with South Korea’s HD Hyundai Samho for the construction of two liquefied petroleum gas (LPG) transportation vessels, Aygaz said on April 15.
Ankara proposes grand rewiring of Middle East energy export map amid Hormuz blockade
Turkey wants to see a slew of Gulf and other pipelines converge on its territory to ensure the world will never again be cut off from sufficient oil and gas.
Capped fuel prices to remain after new govt takes office, Magyar says after meeting with MOL management
MFA Blanár says Slovakia is ready to block EU’s 20th sanctions package if Druzhba oil flow is not renewed
Slovak Minister of Foreign Affairs Juraj Blanár said that his country is ready to block the EU’s 20th round of sanctions against Russia if the oil flow from the Russian Druzhba pipeline is not renewed.
Bosnia selects US investor for Croatia gas link project
Bosnia and Herzegovina has chosen US investor AAFS Infrastructure and Energy LLC to lead a long-delayed gas pipeline project with Croatia.
Survey finds three in four Turks fear war will hurt economy, high anxiety over oil price
A public opinion survey commissioned by Turkey’s ruling Justice and Development Party (AKP) in March found widespread concern among Turks about the potential economic consequences of the conflict in the Middle East.
US OFAC reportedly allows Romania to restart Lukoil’s Petrotel refinery
Romania will be able to restart operations at the Petrotel refinery owned by Russia’s Lukoil within 45 days, after receiving a sanctions waiver from the US Government, Energy Minister Bogdan Ivan announced.
Azerbaijan replaces Russia as Czechia’s largest oil importer in 2025
Azerbaijan has replaced Russia as the largest oil importer in Czechia after it accounted for 42% of all oil imports to the country in 2025.
US extends waiver for Lukoil’s Bulgarian operations to October 29
The United States has granted Bulgaria a six-month extension of a sanctions waiver allowing operations of Russia’s Lukoil in the country, easing concerns over potential fuel shortages ahead of a looming deadline.
Polish energy giant Orlen slashes petrochemical project costs, targets 2030 commissioning
Poland’s largest energy company Orlen has approved a revised budget of PLN35.8bn (€8.4bn) for its New Chemicals (Nowa Chemia) project, cutting costs by PLN16bn (€3.8bn) in a move it stressed would ensure the project’s profitability.
Kazakhstan's oil output reaches 19.7mn tonnes in 1Q, says report
Kazakhstan reportedly produced 19.7mn tonnes of oil and gas condensate in the first quarter of 2026.
Britain's summer gas supply secure despite Hormuz crisis
Britain is expected to have sufficient gas supply this summer despite Middle East disruption, but structural risks tied to declining domestic output remain.
Petrofac offloads North Sea asset solution business to US' CB&I
UK oilfield services provider Petrofac has completed the sale of its North Sea-focused Asset Solutions business to US-based Chicago Bridge & Iron Company.
Bulgarian TSO launches first LNG procurement tender
The company plans to purchase around 1.5mn MWh of LNG covering the remainder of the current gas year and the next.
Shell, BP predict strong Q1 earnings bump on Hormuz crisis
European majors Shell and BP expect a sharp boost to first-quarter earnings, driven by exceptional trading performance and stronger refining margins following disruption to global energy flows through the Strait of Hormuz.
Norway flags up "diamond in the rough" undeveloped gas field
The regulator warned that time is running out to bring the field into production.
Perenco snaps up UK North Sea assets from CalEnergy Resources
North Sea-focused Perenco announced on April 8 it had completed the acquisition of Saturn Banks assets in the UK Southern North Sea after receiving change-of-control approval from the North Sea Transition Authority
Turkey enlists TotalEnergies to help in Black Sea gas hunt
France’s TotalEnergies has signed a memorandum of understanding with Turkey’s state-owned TPAO to cooperate on oil and gas exploration.
MOL-NIS deal faces uncertainty after Orbán defeat
Sale of a majority stake in Serbian oil company NIS to Hungary’s MOL Group is increasingly uncertain after Viktor Orbán’s defeat in Hungary’s general election, though President Aleksandar Vucic said he still expects a deal.
CPC boosts Kazakh oil exports in March as Tengiz output recovers
The Caspian Pipeline Consortium (CPC) reportedly increased crude oil exports by 48% in March, supported by the recovery of production at Kazakhstan’s Tengiz oilfield.
TotalEnergies signs deal with TPAO to explore potential Black Sea deposits
French oil major TotalEnergies (EPA: TTE) said on April 13 that it has signed a preliminary agreement with Turkey’s national oil company Turkish Petroleum (TPAO) to conduct exploration of the country's Black Sea waters for hydrocarbons.
New Hungary PM said Russian oil imports will continue
Péter Magyar, Hungary’s expected next prime minister, said the country will continue purchasing Russian oil for the foreseeable future.
EU imports of Russian LNG hit new record in March ahead of phase-out plan
EU imports of Russian LNG hit a record in March as Middle East disruptions tighten global supply ahead of a legally mandated phase-out.
Quality matters: how the Hormuz crisis tests refinery flexibility
The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally fungible, crude quality is not.
Kazakhstan targets 2.5mn tonnes of oil exports to Germany in 2026
Kazakhstan plans to increase oil exports to Germany to 2.5mn tonnes in 2026 as part of efforts to deepen energy cooperation with Europe.
Serbia’s NIS seeks US licence to continue operations after April 17
Serbia’s oil company NIS, which is under US sanctions due to its Russian ownership, has requested a new special licence from the US to allow it to continue operating after its current permit expires on April 17.
Kazakhstan to in April raise oil volume piped by BTC to Turkish Mediterranean, says report
Kazakhstan reportedly has plans to raise the amount of crude oil it pipes to the Turkish Mediterranean export hub of Ceyhan by 16% m/m in April.
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