EurOil - Europe Oil & Gas
European Commission calls for ending of energy support measures this year
The European Commission called on member states this week to phase out measures aimed at protecting consumers from high energy prices by the end of the year in order to safeguard public finances.
Fertiliser group Azoty’s poor Q1 results feeds speculation of Orlen takeover
Warsaw-listed fertiliser maker Azoty suffered a PLN555mn (€122.8mn) net loss in the first quarter
LSE-listed oiler Gulf Keystone scraps dividend plans with Iraqi Kurdistan oil flows to Turkey still blocked
Subsea7 awarded contract by Turkish Petroleum for Sakarya Black Sea gas field development second phase
Eni chief says EastMed Gas Pipeline would need Turkey’s participation
Eni CEO Claudio Descalzi has told an Italian parliamentary committee that construction of the proposed 1,900-km, $6bn EastMed Gas Pipeline would require the participation of Turkey if it is to become a reality.
OPINION: Azerbaijan’s energy diplomacy pivots to the Balkans
Azerbaijan can’t fully substitute for Russian gas at the pan-European level, but it can play a crucial role in promoting the energy security of individual states.
Germany reportedly buys spare Nord Stream 2 pipes for LNG terminal
Germany’s government purchased pipes that had been intended for the Nord Stream 2 pipeline from the project’s bankrupt operating company for €70mn ($76mn), the Business Insider reported last week.
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