EurOil - Europe Oil & Gas

28 April 2023

UK High Court allows Greenpeace challenge to licensing to proceed to full hearing

27 April 2023

The UK High Court ruled on April 25 that a challenge by environmentalist group Greenpeace against the government’s launch of a new licensing round in the North Sea can proceed to a full hearing.

EU launches joint gas purchasing platform

27 April 2023

The EU launched its joint natural gas purchasing platform in a bid to ensure sufficient supplies for winter on April 25, with about 80 companies having agreed to take in the initiative.

Norwegian oil regulator urges further Barents Sea exploration

26 April 2023

Norway’s oil regulator has urged more exploration for oil and gas in the Barents Sea, at a time when Europe’s dependency on Norwegian energy exports continues to rise as a result of Russia’s gas war.

EU still among the largest importers of Russian oil products

26 April 2023

New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.

SE Europe strengthens gas security with new regional agreement

26 April 2023

Four EU members in Southeast Europe have strengthened their energy security futures with the signing in Sofia on 25 April of a memorandum of understanding that includes Azerbaijan, which supplies natural gas to the region through the SGC.

Europe’s heating season ends as gas storage passes bottom

25 April 2023

European gas tank storage hit a low of 55.36% full at the start of April 1, and the volume held in tanks has grown since then to 57.94% full as of April 23, according to data from GIE.

Russian LNG liberalisation set to benefit Rosneft

25 April 2023

Russian state-owned oil firm Rosneft looks set to be the main beneficiary of a proposed government law that will liberalise rights to use the country’s gas to export gas, with 36 of the company’s fields permitted to be used for LNG development.

LNG volumes at sea rise on annual basis

25 April 2023

The amount of LNG stored at sea rose this month on an annual basis, Reuters reported on April 21, attributing the growth to low spot demand in Japan, China and South Korea.

German parliament passes law on fast sale of Rosneft stake in refinery

25 April 2023

Germany’s parliament last week cleared changes to the country’s energy security act that will enable a fast sale of Rosneft’s stake in the Schwedt oil refinery without the plant first needing nationalisation.

‘Relegated’ Gazprom looks set for football sponsorship deal with Istanbul’s Besiktas

24 April 2023

Ex-semi-pro football player and Turkish president Recep Tayyip Erdogan may hope agreement will help with Turkey’s plans to score as a gas hub.

Bulgartransgaz sets out €1.46bn investment plan

24 April 2023

Bulgarian gas transmission and storage system operator to invest €600mn in capacity expansion, €860mn in hydrogen pipeline.

Croatia's Rijeka refinery to restart production amid gas export restriction concerns

23 April 2023

The Rijeka refinery in Croatia will restart production at the end of this month or early in May, as stated by Economy Minister Davor Filipovic.