EurOil - Europe Oil & Gas
EU drafts plans to cut gas demand ahead of winter
Shipments to Europe help boost Venezuelan oil exports 61% in June
Venezuela saw exports of crude oil and refined fuels rise by 61% last month as it resumed shipments of crude to Europe for the first time in two years.
Bidding process begins for EastMed gas line
Latvian energy law bans Russian gas supplies
Hungarian government declares energy state of emergency, tightens utility price cap rules
From August 1, regulated energy prices for households will apply only to electricity and gas consumption up to the national average.
EU lawmakers vote that nuclear and some natural gas are ‘green’
The European Parliament has voted that nuclear power and some forms of low-carbon natural gas can be classified as ‘green’. This could lead to billions of dollars of state subsidies and private investment for the energy sources.
EU approves inclusion of gas, nuclear in taxonomy
Canadian sanctions exemption allows for the return of up to six Nord Stream 1 gas turbines
A sanctions exemption issued by the Canadian government to enable the return of a Siemens turbine to Russia’s Nord Stream pipeline will last for up to two years from now, making possible the import and re-export of a further five turbines.
Russia to export LPG to Bulgaria via Georgia
Poland tables plans for gas supply emergency
Spanish imports of Russian gas soar in June, while Algerian gas imports sink
Russian natural gas exports to Spain rose more than four-fold year on year in June, while Algerian deliveries dropped by more than half, according to data released by Spain's Enagas.
Turkey works on plans to bring in Turkmen gas, appears to test gas deliveries to Bulgaria
Mauritania’s oil minister highlights European opportunities for West African gas producers
Mauritania’s Minister of Petroleum, Mines and Energy Abdesselam Ould Mohamed Saleh says rising natural gas producers in West Africa are eager to help Europe resolve concerns about energy supplies and prices.
Decom Engineering to deploy saws for West African, UKCS offshore pipeline cutting projects
Decom Engineering, a pipeline decommissioning firm based in Northern Ireland, said on July 7 that it had won contracts worth for two new projects offshore West Africa and on the UK Continental Shelf (UKCS).
What if Nord Stream 1 doesn’t come back online?
The Nord Stream 1 pipeline closed down on July 11 for routine maintenance. Under normal circumstances the 10-day closure would cause no alarm, but European officials have suggested that Moscow may keep the 55 bcm per year offline longer.
Nord Stream 1 shuts down for 10-day maintenance run
OMV Petrom reports wider refining margin in Q2
The European Union needs to cut demand by 15% to cope with Russian gas cuts
Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe.
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