EurOil - Europe Oil & Gas
EastMed partners strike deal
Premier announces $871mn North Sea spending spree
Unions strike at French oil refineries
Bulgaria’s Bulgartransgaz to acquire 20% stake in Greek LNG terminal, PM Borissov says
Bosnia calls oil/gas exploration and production tender
Ukraine, Russia strike five-year gas transit deal
Greece's DEPA to buy into new LNG import terminal
Lukoil in talks over ExxonMobil’s participation in Romanian major offshore gas perimeter
Equinor strives for almost zero emissions by 2050
Algerian government wants a closer look at Energean/Edison deal
The Algerian government has asked Italy’s Edison to discuss its upcoming acquisition by UK-listed Energean.
Gunvor solidifies role as largest independent LNG trader
Commodity trader Gunvor Group said this week that it had delivered 16mn tonnes of LNG this year, marking an increase of 45% on 2018.
Irish government outlines upstream policy
UK oil industry set for gain from Tory win
Doubts loom over TurkStream
Turkish-Libyan maritime accord raising tensions
Tensions remain high in the Eastern Mediterranean as Turkey talks about conducting joint exploration work with Libya and blocking the construction of the EastMed gas pipeline.
Turkish private companies to invest €300mn in expanding natural gas distribution network
UK hails "considerable" interest in licensing round
Hibiscus completes Crown takeover
Equinor scraps plan for Castberg oil terminal
Estonia, Finland commission gas pipeline link
OMV to pass participation in Bulgarian offshore field to its Romanian subsidiary Petrom
Turkish drones flying from Northern Cyprus ‘to escort drill ships seen as illicit by EU’
Armed unmanned aerial vehicles among drones to operate from airport designated by breakaway territory’s cabinet.
Croatia's INA signs off on €537mn refinery upgrade
INA's investment at Rijeka will be the largest in its history, establishing the plant as a top-tier European refinery.
Turkey, US to negotiate increased LNG trade in 2020
The US and Turkey are set to discuss ramping up LNG trade early next year.
Norwegian challenges persist despite Sverdrup
Greece goes to UN over Turkey-Libya maritime boundaries accord
Ukraine continues gas investment drive
Elengy fully books French LNG terminal
Providence CEO steps down after challenging year
Wintershall halts development at gas field after tremors
Poland's PGNiG to develop gas in western Ukraine
Gazprom improves offering at ESP
EU's Marguerite Fund sheds stake in Latvian gas grid
Gazprom to study Mongolian pipeline
Greece expels Libyan ambassador in row over maritime boundaries deal with Turkey that ignores Crete
Poland’s oil and gas giant Orlen plans takeover of utility Energa
PKN Orlen aims to build a strong group capable of competing on the international market, but takeover plans raise questions about Energa’s controversial project to build a major new coal-fired power plant.
Total doubles down on bunkering
A subsidiary of Total has announced a pair of separate but related deals on its LNG bunkering operations in France.
Neptune dishes out $40mn in contracts at Seagull project
Serbian gas firm to finish unbundling in Oct 2020
Equinor searches for CO2 storage space
Putin accuses Bulgaria of deliberately delaying Turkish Stream
Russian president claims Bulgaria is under "international pressure" to delay pipeline project, while section via neighbouring Serbia is nearly finished.
The price Europe pays for Russian gas fell to its lowest level in 15 years
The price Europe pays for Russian gas fell to its lowest level in 15 years, according to Russian national gas company Gazprom’s accounts.
OMV Petrom expects “barriers to be removed” to resume investments in Black Sea gas project
PGNiG enters Lithuanian LNG market
Cairn offloads Norwegian business
Hurricane finds more oil off Shetlands
Spirit's Andromeda North probe underwhelms
Turkey’s sovereign wealth fund plans to build $10bn refinery and petrochemicals complex
Turkey’s electricity consumption drops 1.1% y/y in November
Russia's TurkStream gas pipeline to go live on Jan 8
Absurd maritime deal between Turkey and Libyans ignores presence of Crete says Greece
Agreement set to further complicate disputes between Ankara and regional neighbours over rights to East Mediterranean energy resources.
Maersk wins UK tow and mooring installation contract
Maersk Supply Service has been awarded a contract for an integrated tow and installation project for an FPSO in the North Sea.
Germany’s rising gas demand attracts exporters
German’s gas demand is growing, and exporters of the fuel – both by pipeline and as LNG – are increasingly targeting the country.
UK examines North Sea decommissioning progress
The UK still has a long way to go with the decommissioning of its oil and gas infrastructure in the North Sea.
Elengy, Rubis team up on French LNG storage facility
France’s Elengy and Rubis Terminal have signed a memorandum of understanding on launching preliminary studies on the construction of an LNG storage facility to meet local retail demand for the fuel.
Gunvor to market all LNG from Louisiana’s Commonwealth project
Gunvor Group agreed this week to double the maximum amount of LNG that it would buy from the proposed Commonwealth LNG project in Lousiana, on the US Gulf Coast, as well as marketing the remainder of the facility's output.
Bosnia’s Brod refinery to start operations in mid-2020, regional energy minister says
Sonatrach sees pipeline gas sales sinking, spot LNG sales rising
Sonatrach, Algeria’s national oil company (NOC), anticipates a sharp drop in natural gas sales this year.
Trump to discuss Balkan Gas Hub, LNG exports at meeting with Bulgaria’s PM Borissov
Saipem, Subsea 7 eye merger
Aker to develop subsea CO2 separation
Equinor deals out $380mn in inspection contracts
Romgaz confirms talks to take over stake in Neptun Deep from Exxon
TANAP to reach full completion on November 30
EIB to cease fossil fuel funding
Poland notifies Gazprom of plan to end gas supply deal after 2022
Bulgarian gas hub to go live in early 2020
Russia proposes one-year gas transit deal to Ukraine
Grain LNG considers expansion as open season continues
An open season to gauge interest in capacity at the UK’s Grain LNG facility started earlier this month, as the terminal prepares for the expiry of current contracts.
Conoco hits oil, gas off Norway
Bulgaria receives first pipes for IGB
Romanian fuel, energy imports up in 2019
Finland's Gasum builds up LNG footprint
Erdogan warns EU’s decision to hit Turkey with sanctions over Cyprus drilling may disrupt talks with bloc
Repsol looks to Canadian oil
Spain’s Repsol is reportedly looking at Canadian heavy crude as a source of feedstock for its European refineries.
Turkmenistan's pipe dreams
EU foreign ministers agree to hit Turkey with sanctions over “illegal” drilling off Cyprus
Bosnian utility signs gas deal with steelmaker
Gas from Turkish Stream to go through Bulgaria, Serbia before May 2020, PM Borissov says
i3 Energy breaks ground on final Liberator well
Cyprus awards first production licence
PGNiG consolidates position off Norway
Germany fails to protect Nord Stream 2 from EU gas laws
Germany’s Bundestag parliament has failed to pass a bill that would have helped shield the controversial Nord Stream 2 gas pipeline project from recent amendments to the EU’s gas directive.
Biggest Turkish refiner Tupras plunges to Q3 net loss
MOL upgrades Ebidta guidance for 2020 after Azerbaijan deal
Equinor hits oil, gas off Norway
Lithuania to acquire its own LNG FSRU
Azerbaijan-focused Zenith to enter Norway
Hungary's MOL buys into Azerbaijan's top oil project
Repsol Q3 profits slump on low oil prices
Shell gets approval for rig decommissioning
UK bans fracking ahead of snap election
EU cuts number of priority oil and gas projects
BP, Total see profits slump on price pressure
Wintershall researches hydrogen production
i3 reports "transformational" oil discovery
Spirit boosts output at Chiswick
Shannon LNG project under pressure from opposition
The proposed Shannon LNG project is running into environmental opposition amid news that it could be fast-tracked.
Denmark greenlights Nord Stream 2 construction in its waters
After months of bitter wrangling, the government of Denmark gave the go-head for Russia’s Gazprom to build the Nord Stream 2 pipeline through its territorial waters – the last country on the route between Russia and Germany to grant construction perm
OMV Petrom’s earnings down in Q3 on unfavorable oil price
Gazprom-Wintershall JV hits peak capacity
Israel grants licences following disappointing bid round
Latest Russia-Ukraine gas talks fail to yield breakthrough
Officials from Russia, Ukraine and the EU met again on October 28in Brussels to discuss terms for the transit of Russian gas via Ukraine next year, with still no breakthrough in negotiations in sight.
Eni stung by low prices in Q3, despite output gains
Producers eye further North Sea sales
Polish imports of Russian oil down 20% in Q2
Baltic Pipe clears last major hurdle as Denmark grants offshore construction permits
The Baltic Pipe is a major element in Poland’s plan to wean itself off Russian gas, which currently covers around two-thirds of the country’s demand.
Three members of Slovenian Petrol's management board resign
Bankers Petroleum denies accusation of abusing dominant oil market position in Albania
US grants new sanctions waiver at North Sea field part-owned by Iran's national oil company
Weak prospects for UK fracking
Bulgaria taps loans for TurkStream construction
Total launches first LNG bunkering vessel
Newcomer Waldorf bags North Sea assets
Albania’s Competition Authority to probe Bankers Petroleum
Hungary could buy LNG from Qatar from 2021
Buzzard oilfield suffers shutdowns
Premier strikes gas in North Sea
Gunvor, Swiss prosecutors strike settlement deal on African corruption case
Gunvor, one of the world’s largest crude oil trading companies, has settled a criminal case in Switzerland regarding its activities in Cote d’Ivoire and the Republic of Congo.
Bulgaria launches 11km gas pipeline stretch of Balkan Stream
Gazprom starts filling TurkStream with gas
Ukraine to tap more gas from Poland
Norway sees further output decline in September
Dana, Parkmead file plans for Platypus gas project
Energean disposes of North Sea assets
Denmark eyes end to exploration
BP to suffer $2-3bn in charges, output disruptions in Q3
Greenpeace activists scale Shell's Brent platforms
Mol to receive compensation for tainted oil
S&P affirms BBB- rating on Slovenia’s energy firm Petrol
Gunvor downplays plan to sell Ust-Luga oil terminal stake
Gunvor leads short-term LNG ship charters, overall deliveries
Trading house Gunvor Group is leading short-term ship charters for LNG, and is anticipated to exceed delivery volumes reached in 2018.
Turkish drillship set to spud East Med well
Europe struggling to absorb excess LNG
Europe is expected to struggle to absorb excess LNG on the global market over the coming months, amid high gas volumes in storage and sluggish demand growth.
Subsea 7 hired for Shell gas project in North Sea
Johan Sverdrup megaproject sees early launch
OMV Petrom announces new gas discovery in southern Romania
BP replaces CEO
Bulgaria inks €179mn compressor stations construction deal
Hungary fills up gas storage facilities to full capacity
Foreign Minister Peter Szijjarto says move guarantees domestic supply security and allows Hungary to store gas for other countries, after Gazprom agrees to top up Hungary's gas reserves.
Potential still there off Norway: NPD
Cuadrilla packs up fracking equipment following tremors
Valeura reports third tight gas test flow in Turkey
Var Energi awards engineering contract at Balder X
Bosnia renews search for oil, gas
Exxon agrees Norwegian sale
Shell, Cabot exit Italian oil, gas project
Romania to fully liberalise natural gas market again
Romgaz to buy 20% in Greece's Alexandroupolis LNG terminal project
Pavilion targets Europe in bid to become global LNG trader
Singapore-based Pavilion Energy is targeting new markets in Europe as well as expanding in Asia as the gas importer and marketer aims to become a global trader of LNG.
Romania eyes LNG via Poland
Ireland to block offshore oil exploration: PM
Equinor, Okea cleared for wells off Norway
Denmark closes down flagship gas field
Romania moves to encourage investors by amending Offshore Law
Romania's Rafo refinery goes bankrupt
Turkey hits out at Greek Cypriots after signing of hydrocarbon exploration deals with energy majors
CNOOC updates on work off UK, Ireland
Equinor starts up offshore gas field
Eni, Total expand gas hunt off Cyprus
TPI urges fossil fuel industry to face up to climate change
MOL starts operating fuel terminal in Serbia
Poland and Lithuania say Nord Stream 2 is energy security threat in CEE region
Warsaw and Vilnius fear Moscow will use the pipeline as a geopolitical tool against the region, Ukraine in particular.
Poland hints at stopping purchases of Russian gas altogether
Poland finally has the infrastructure to reduce dependence on Russian gas, after it built an LNG terminal in the western town of Swinoujscie.
Australia's Oilex prepares for UK foray
Spain sees LNG imports surge on demand growth
Germany enforces EU court ruling on Gazprom's Opal use
EU selects next energy commissioner
Italian LNG terminal fully booked for next gas year
Zennor selects SAGE to process Finlaggan gas
Exxon in exclusive talks with Var Energi on Norwegian sale
Groningen to shut down in mid-2022
EU court backs cap on Gazprom's use of German pipeline
ADX strikes gas in Romania
Moldova secures Russian gas price discount
Kazakh state oil company ponders doubling capacity of Romanian refinery under $2bn project
QP books out Zeebrugge LNG until 2044
Providence gives Chinese partner final warning over funding
Norway attracts 33 bidders in latest offshore round
Russia eyes role in hydrogen revolution
Poland transfers US LNG to Ukraine
Maersk wins trio of North Sea orders
US BSOG expects gas production in Romania’s Black Sea in early 2021
Reabold reports oil at major UK gas field
Croatia awards new projects in licensing round
Ascent Resources reportedly plans to sue Slovenia for €50mn
Cheap LNG floods Europe
LNG imports into Europe are booming, buoyed by low spot prices and weak European demand, as more regasification capacity is built.
Cypriot LNG project moves forward
Horizon completes stalled takeover of Polish assets
Decipher slashes output at North Sea field
Cuadrilla prospects uncertain after record tremors
i3 spuds first well in Liberator campaign
Consortium led by MOL finds oil in Pakistan's TAL block
Bulgaria awards $202mn deal for compressor stations
PGNiG H1 earnings down on weaker gas prices
Over 70% of works on Negotino-Prilep-Bitola gas pipeline in North Macedonia completed
Romania’s Hidroelectrica plans 10% IPO next September
Albanian inspectors halt distribution of 550 tonnes of fuel from Ballsh refinery due to poor quality
Bosnia to start work on key 450-MW coal-fired power plant
ExxonMobil seeks North Sea retreat
Equinor starts up $7.7bn North Sea project
Equinor chalks up Barents Sea discovery
Equinor cleared to produce at UK-Norway field
Ukraine to tap Romanian gas via Moldova
Romania’s Romgaz seeks partner for new offshore perimeters
Poland reportedly considering supporting US-led mission to protect tankers off coast of Iran
Polish Gaz-System signed contract with US Solar Turbines to deliver components for Balitc Pipe gas link
Romania launches first oil and gas licensing round in decade
Srbijagas takes over gas utility Bijeljina-Gas in Republika Srpska, plans expansion in Bosnia
East Med balances pipeline and LNG plans
Spain bans Austrian gas trader over supply shortfall
Russia to bank on LNG to defend gas market share in Europe
Serbia completes first section of TurkStream gas pipeline
Providence cleared for Barryroe survey
IOG spuds well at North Sea Harvey site
EU approves Croatia's state aid for LNG project
North Macedonia's state power producer changes name to ESM
Fluor collects new UK business after suffering losses
Turkey’s Tupras reports 15% y/y decline in Q2 profit
Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.
European Commission to probe Poland’s planned merger of Orlen and Lotos oil and fuel companies
France's Total offloads stake in domestic pipeline
Norway's Noreco seals takeover of Shell’s Danish assets
UK offers exploration rights near Rhum gas field
Romania seeks contractor for Black Sea pipe
Gazprom installs turbines at Serbian gas plant
Ukraine considers repeating tender for offshore oil and gas block
London-traded oil company Trident Resources recently won a contest for exploration rights to more than 9,500 square km of acreage in the Black Sea, although the government has suggested it may cancel the award.
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