EurOil - Europe Oil & Gas

1 July 2022

Five countries seek delay for EU petrol and diesel ban

29 June 2022

Italy, Portugal, Slovakia, Bulgaria and Romania are seeking to push back by five years EU proposals to slap a ban on selling new petrol and diesel cars from 2035.

EXPLAINER: how a price cap on Russian oil might work

29 June 2022

Europe is scrambling to find alternatives to Russian crude oil, natural gas and coal. But the fact remains that despite recent cuts in the amount that the EU buys from Russia, Moscow’s revenues from hydrocarbon exports still surged 40% this year.

Romania reports new gas from Black Sea, expects 90% gas self-sufficiency

29 June 2022

Energy minister says Black Sea Oil and Gas’ Midia development will boost self-sufficiency, as Europe tries to end dependence on Russian gas.

Europe’s gas storage on track to meet 80% full by start of heating season

29 June 2022

Europe’s gas storage tanks were 58.23% full as of June 26 and are still on course to hit the EU target of 80% full by October 1, the traditional start of the heating season, despite Russian cuts in gas flows to Europe this month.

Tug of war emerging over what role Iran (and its oil) should play in new world order

27 June 2022

France calls for efforts to get Iranian oil back on the market as Tehran re-enters nuclear deal talks, Tehran says it has applied to join BRICS and Israel secretly discusses defence coordination against Iran with Saudi Arabia.