EurOil - Europe Oil & Gas

Investors sue Moscow exchange after WTI swings negative

More than 150 investors are preparing to launch a class action lawsuit against the Moscow Exchange (MOEX) worth RUB1bn ($13mn), after West Texas Intermediate (WTI) futures closed at a negative prices, but did the Urals blend also go into the red?

OMV Petrom pays half of 2019 profit as dividends

UK unions call for part-nationalisation of oil industry

Perenco files to decommission gas field platforms

Gazprom braces for tough year

Gazprom fails to comply with court ruling in gas price dispute with Poland's PGNiG

Gazprom pipelayer in English Channel

Poland’s Gaz-System completes permission process for Polish section of Baltic Pipe

Eni runs red in Q1, cuts output guidance

Neptune reports oil, gas finds in Germany

Aker BP warns of Q1 loss

Maersk mothballs rigs, plans to lay off up to 300 workers

Troll platform gets new lease of life

NAM prepares to shut down Groningen wells

Norway mulls limits to Arctic exploration

Aker BP brings Norwegian gas field online three years early

MOSCOW BLOG: Russia caught out by oil plunge

Did Russian President Vladimir Putin just screw up in a spectacular fashion? Russia pulled out of the OPEC+ production cut deal on March 6, setting off a downward spiralling of prices that ran out of control

Examining the WTI collapse

The unprecedented crash in WTI prices into negative territory has been attributed primarily to the mechanics of futures contracts, but nonetheless illustrates an oversupply crisis as storage fills up.

Turkish refiner Tupras downgrades forecasts as refinery closure rumours swirl