EurOil - Europe Oil & Gas

20 May 2022

Hammerfest LNG opening again delayed

19 May 2022

Equinor has again delayed the start-up of the Hammerfest LNG export project at Melkøya in Norway after a fault with a compressor was discovered.

Sempra, PGNiG sign preliminary deal for LNG supply from two terminals

19 May 2022

San Diego-headquartered Sempra Energy announced this week that it had signed a heads of agreement with Poland’s PGNiG on the purchase of 3mn tonnes per year of LNG from two projects over a 20-year period.

Romania hopes to unlock Black Sea natural gas projects with revised Offshore Law

19 May 2022

The amendments have been expected for years to unlock several investment projects in the country’s Black Sea perimeters that could bring in 6 bcm of gas a year from 2027.

Brussels puts €300bn price tag on ending Russian energy imports, but relies on new spending on gas

18 May 2022

The European Commission has set 2027 as its target date for ending Russian energy imports, warning it would require €300bn of fresh investment and that new short-term spending on fossil fuel infrastructure would be needed.

Downstream impact

18 May 2022

NewsBase takes a brief look at some of the economic and political fallout from the Russia-Ukraine war, with a focus on regional markets for jet fuel and diesel around the world.

EU opens loophole for Russian gas-for-rubles scheme

18 May 2022

The EU said that companies could keep buying Russian gas through Gazprombank without breaching sanctions for Russia’s military invasion of Ukraine, with the condition that they consider their obligations fulfilled once they pay in euros or dollars

Estonian firms move forward with LNG facility project without state support

16 May 2022

The Paldiski terminal is expected to receive LNG from a floating terminal, ending Estonia's 80% dependence on Russian gas.

Russia dismisses report it plans to cut gas flow to Finland

14 May 2022

Kremlin spokesman Dmitry Peskov has rejected a Finnish media report that Russia is preparing to cut gas flow to the Nordic country over its decision to apply to join Nato.

Gasunie secures Netherlands’ second FSRU

13 May 2022

The Netherlands’ Gasunie is to charter an FSRU from New Fortress Energy for five years as part of plans to develop up to 8 bcm per year of LNG import capacity.