EurOil - Europe Oil & Gas

Croatia's Janaf signs oil storage deal with Lukoil-owned Litasco

North Macedonia's NER, GA-MA complete merger into Nomagas

Data shows Russia ramping up diesel supplies to Turkey, Morocco ahead of EU embargo

EC to settle dispue between Romania and OMV Petrom on solidarity contribution

IEA expects an inflection in oil markets in 2023 when demand will exceed supply

The International Energy Agency reports that oil demand this year will grow by 1.9mn bpd, to a record 101.7mn bpd, and supply by 1mn bpd, to 101.1mn bpd, in its first monthly report for 2023 released on January 18.

Equinor hails Norway's first hydrocarbon discovery of the year

Germany's Wintershall Dea departs Russia

Enagas buys 20% interest in BBL gas pipe linking Netherlands and UK

Turkey to receive third floating LNG storage and regasification vessel

EU acts to conserve gas in 2022 with new regulations

Slovak government withdraws own bill taxing profits from Russian oil imports

UK hails success in first oil and gas licensing round since 2020

Gazprom supplies to Europe down 22% in first half of January

Russian gas will return to Europe, Qatari energy minister predicts

Kazakhstan to send oil to Germany via Russian pipeline

It plans to export 1.5mn tonnes of crude this way in 2023.

Lukoil delays entering production stage at its perimeter in Romania’s offshore

Hungary negotiates importing Azerbaijani gas

Operator repairs exploded gas pipeline in northern Lithuania

EurOil: Bulgaria mulls taking control of Russia-owned oil refinery

Private gas distribution firm Rotalin asks for $63mn from Moldova

AfrOil: Snam acquires 49.9% stake in Algeria-Italy gas pipelines from Eni

The Italian natural gas grid operator Snam has acquired Eni’s 49.9% stake in companies operating two groups of gas pipelines between North Africa and Italy for €405mn ($435mn).

Over 97bcm of gas delivered to Turkey, Europe via TurkStream, TANAP

Bulgaria mulls taking control of Russia-owned oil refinery

Russian seaborne crude oil exports down 9% in the first month of EU embargo

OMV Petrom argues it is not subject to solidarity contribution

Bosnian Federation cuts price of natural gas by 9.6%

Norway offers up licences in latest APA round

LONG READ: Putin has lost this winter gas battle, but another energy crisis is ahead

Russian President Vladimir Putin needed a very cold winter. He didn’t get it. As a result, Europe’s gas storage tanks are at record-high levels and the price of gas has crashed on the Dutch TTF exchange to below pre-war levels.

The EU becomes the world’s biggest LNG importer in 2022