EurOil - Europe Oil & Gas

30 May 2022

Iran seizes Greek tankers after grabbing of Iranian ship and reports of Israeli ‘suicide drone’ strike on military facility

29 May 2022

Tensions between Iran and adversaries are on the rise amid the stalling of efforts to reinstate the 2015 nuclear deal.

South Korean firms line up LNG supply deals

27 May 2022

Two South Korean companies signed sale and purchase agreements (SPAs) this week to buy LNG from international sellers – France's TotalEnergies and the US' Cheniere Energy.

Regas rates at Grain LNG reach record levels as European demand soars

27 May 2022

The Grain LNG terminal in the UK posted record gas send-out levels in April, as high demand for gas from Europe pushed utilisation rates up, with LNG tankers arriving from eight new countries since January.

Swiss maker of oil industry pumps Sulzer exits Russia

25 May 2022

Sulzer, a Swiss engineering group that specialises in fluid engineering technologies, announced on May 24 that it was exiting Russia “with immediate effect.”

Is Venezuela Europe’s answer for the loss of Russian oil?

25 May 2022

The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.

Poland terminates Yamal pipeline agreement ahead of schedule

24 May 2022

Poland’s Climate and Environment Minister Anna Moskwa announced on May 23 that her country was terminating its inter-governmental agreement (IGA) with Russia on natural gas deliveries via the Yamal-Europe pipeline.

EC President Von der Leyen tells Davos countries of future 'don't need oil and gas'

24 May 2022

European Commission President Ursula Von der Leyen told delegates at the annual World Economic Forum in Davos that Ukraine belongs in the “European family".

Russia halts gas deliveries to Finland

23 May 2022

Gazprom, Russia’s state-run natural gas giant, said on Saturday, May 21 that it had stopped all deliveries to Finland as of 6:00 a.m. local time.

Bulgarian PM says Putin tried to split EU and bring down his government with targeted gas cut-offs

23 May 2022

Kiril Petkov believes Moscow deliberately targeted Bulgaria, where top officials were divided between Russia hawks and Kremlin sympathisers, with the aim of destabilising the government.

US seen easing sanctions on Venezuela to meet Europe’s need for additional oil supplies

22 May 2022

The US government is reportedly gearing up to ease sanctions on Venezuela’s national oil company PdVSA in order to facilitate deliveries to Europe.