EurOil - Europe Oil & Gas

New CEO takes helm of Norwegian fund

German oil imports fall in June

Lithuanian, Polish gas interconnection GIPL has almost reached halfway point in Lithuania

Uniper invites bids for German LNG import capacity

NRG: Risks to stability

OMV Petrom takes over 42.9% in Bulgarian offshore project

Talk of “war” increasingly creeping into Turkey’s statements in East Med row with Greece, Cyprus and EU

Neptune supported by hedging in Q2

Tide turning for UK rig market: Bassoe

Gazprom suffers worst quarter in at least a dozen years

Dutch government approves increase in gas storage space

Hellenic profits halve in Q2 on weak fuel demand

Malaysia's DNeX to consolidate control over Ping Petroleum

EU to give dialogue another chance in Turkey row over Mediterranean resources but also draw up list of potential sanctions

EBRD confirms agreement to buy 25% of gas pipeline in Moldova

Analysts ponder whether Turkey’s “miracle” gas discovery could be a dud

International mediation mechanism for Armenia, Azerbaijan conflict “does not seem fit for purpose” says former co-chair

Noting July skirmishes took place far from contested Nagorno Karabakh territory, former US diplomat says clashes “may have unleashed a dangerous new geopolitical dynamic” partly given their proximity to strategic oil and gas pipelines.

Turkey’s Sasa, US-based Koch to build $935mn petrochemical plant in Turkey

Germany urges Turkey and Greece to call off naval exercises to secure talks on contested Mediterranean resources

EU’s top diplomats ‘to discuss toolbox of Turkey options broader than sanctions’

Berlin meeting takes place as France joins Italy, Greece and Cyprus in military exercises in eastern Mediterranean where Ankara is accused of illegal gas and oil exploration.

Scottish deficit grows as oil revenues slump

Shell closes farm-ins at North Sea gas finds

North Sea producers change heads

Anasuria Hibiscus revenues collapse after it defers all oil sales

Croatia’s INA reportedly considers layoffs as part of restructuring programme