EurOil - Europe Oil & Gas
Natural gas storage tanks in Europe were 60% full on July 4 as non-Russian supplies of gas appear to have surged in the last weeks. Europe is still on target to reach its target of tanks 80% full by October but a lot of uncertainty remains.
Mohammad Sanusi Barkindo, the late secretary-general of OPEC, said hours before his death that constraints in the downstream sector were making a bigger contribution to the volatility of oil prices than most observers realise.
Mohammad Sanusi Barkindo, the secretary-general of OPEC, died unexpectedly in Abuja late on July 5.
The Nigerian National Petroleum Company Ltd has sold over $1bn of natural gas to Portugal so far in 2022, it has revealed.
Germany is holding talks with Canada in an attempt of secure options for exporting LNG to Europe from Canada’s East Coast.
Venezuelan President Nicolas Maduro has responded positively to French government officials’ call for allowing his country, along with Iran, to resume crude oil exports to the world market.