EurOil - Europe Oil & Gas

Calls growing for a price cap on Russian oil exports

Europe has been wrestling to get its members to sign up to a full ban on Russian oil products but a ban could send the price of oil up and make Russia even more money. Better to cap prices and starve the Kremlin of revenues.

Russia announces it will slash gas flow via Nord Stream 1 by 60%

Russia’s Gazprom has announced it is slashing gas flow via the Nord Stream 1 pipeline by 60%, blaming Siemens’ failure to repair compressor units on time and other technical problems at the Portovaya compressor station.

Orcadian files plan for low-emitting UK field

Norwegian oil strike averted

Former UK, Scottish ministers urge greater support for oil, gas industry

Germany struggles to get Rosneft out of Schwedt refinery

EurOil: Norwegian oil strike averted

S&P affirms MOL's 'BBB-' rating with stable outlook

Portugal, Spain cap gas prices for power plants

Turkey begins pipelaying ahead of first gas from Sakarya

Poland to auction capacity on gas links with Denmark, Lithuania, Slovakia in July

European gas market takes hit from Freeport LNG explosion

EU needs to shield consumers from fallout of Russian oil ban: Gneiss

Russian energy export revenues up 40% in May despite sanctions

Despite the West’s push to phase out Russian energy imports and deprive the Kremlin of revenues to finance its war in Ukraine, the country’s export revenues were in fact up by almost 40% year on year in May.

Russian gas exports to EU slump to record low

Gneiss: The wider implications of a ban on Russian oil

Hungarian government releases strategic oil reserves after OMV encounters problems at Schwechat refinery

Estonia might not be able to stockpile enough gas for winter

Centrica applies to reopen Rough gas storage site

Kremlin says it expects no further disconnections in gas supply to Europe