EurOil - Europe Oil & Gas

18 May 2023

Croatian JANAF signs oil contracts with Hungarian MOL

17 May 2023

JANAF, the Croatian oil pipeline operator, announced on May 17 that it has signed take-or-pay contracts with Hungarian energy group MOL for oil transport and storage for 2023.

Alexandroupolis port secures EU upgrade funds ahead of hosting LNG terminal

17 May 2023

Greece’s privatisation agency HRADF announced on May 17 that it had secured €24mn ($26mn) in funding from the EU, to upgrade the port of Alexandroupolis, which is due to host a new LNG import terminal.

Schwedt refinery set to run at 70% capacity by June

17 May 2023

The Schweft oil refinery in Germany will ramp up its operational capacity to 70% starting from June, German state secretary Michael Kellner said this week.

North Sea oil industry warns of ongoing impact on windfall tax

17 May 2023

In an effort to stabilise the UK's finances and address the cost of living crisis, the government decided to increase a windfall tax on oil and gas producers' profits last year.

Norway reopens Njord field after extensive upgrades

17 May 2023

Norway’s state-owned Equinor announced on May 15 the official reopening of the Njord oilfield in the Norwegian field following extensive upgrades, with the project expected to yield around 250mn barrels of oil equivalent over the next two decades.

Retired US admiral warns international community will have to respond to Iran seizing tankers

16 May 2023

Tehran grabs three vessels in 19 days from Gulf waters.

EU takes aim at Indian fuel supplies produced from Russian oil

16 May 2023

EU foreign policy chief Josep Borrell has urged the bloc to prevent India from reselling Russian oil to Europe as refined fuel, including diesel, in an interview with the Financial Times on May 16.

Croatia’s INA restarts Rijeka refinery

16 May 2023

Croatia’s oil and gas company INA has put the Rijeka oil refinery back in operation after a five-month closure that saw the facility go through a number of renovations that are part of a project to revamp and modernise the entire facility.

Israel considers gas link to Cyprus as ministers discuss LNG plan

16 May 2023

East Mediterranean gas sources Israel and Cyprus are holding discussions this week to look at the possible construction of a gas pipeline from Israeli gas fields to Cyprus, where a newbuild LNG export facility would be constructed.

Eni takes Gazprom to court over lost gas supply

16 May 2023

Italy's Eni has launched international arbitration proceedings against Russia’s Gazprom over its consistent reductions in pipeline gas supply, the company revealed in a document responding to a shareholder question last week.

EU looks to better implement measures targeting Russian energy in upcoming 11th sanctions package

15 May 2023

The EU continues work to hash out an 11th sanctions package on Russia in response to its invasion of Ukraine, which will require the approval of all 27 member states to be finalised.

Serbia to build new oil pipeline with Hungary, new gas pipeline with Bulgaria

11 May 2023

Hungary and Serbia have reached an agreement to construct a new oil pipeline that will add to the transit of Russian oil from the Druzhba pipeline to Serbian consumers, said Hungarian Minister of Foreign Affairs Peter Szijjarto.

Chevron spuds appraisal well in Cyprus Aphrodite field

11 May 2023

US energy giant Chevron has spudded an appraisal well in the Aphrodite field offshore Cyprus. Discovered by Noble Energy in December 2011, the Aphrodite field has an estimated gas resource of 4.5 trillion cubic feet.

Democrats raise concerns with Biden administration over climate impact of LNG

11 May 2023

Over 40 Democrat lawmakers have asked the Biden administration to more carefully analyse the climate and environmental justice impacts of the expansion of the LNG industry across the country.

RWE planning to exit controversial Ruegen LNG terminal

11 May 2023

German utility RWE AG is leaning towards exiting the controversial LNG project on the Baltic Sea island of Ruegen following the emergence of political rows over the location of the terminal, Bloomberg reported on May 10.

EU lawmakers back methane emissions requirements for energy sector

11 May 2023

Members of the EU Parliament voted on May 9 in favour of rules that would require operators of oil and gas infrastructure to cut their methane emissions, setting the stage for tough talks with member states with currently lax national rules.

Albania starts talks on new biogas law

11 May 2023

The Albanian government has opened the consultation process on a law to promote the production and use of renewable energy sources for the transport sector through the use of biofuels for internal combustion engines.