EurOil - Europe Oil & Gas

Lithuania's KN to invest €300 million by 2030

Spain’s LNG imports dip in May, reloads rise

Spain has reported a drop in LNG imports in May with imports of the super-chilled fuel falling by 12.8% according to Enagas, the owner and operator of Spain’s national gas grid.

OMV Petrom finds large oil deposits in southern Romania

Russian gas flow via TurkStream slumps to year-low

Russian gas exports to the EU via the TurkStream pipeline slumped to their lowest level in a year in May, amounting to only 774.6 mcm, or less than 25 mcm per day.

Macquarie puts largest Czech gas distributor up for sale

EurOil: UK top climate advisor backs Labour plan to end oil and gas licensing

Italy eyes bringing forward deadline for ditching coal by one year

Italy is considering the possibility of closing its coal-fired power stations in 2024, one year ahead of schedule, if gas prices remain as low as they currently are, according to Environment Minister Gilberto Pichetto Fratin.

Russia to set expand oil supplies via southern Druzhba stream in June

This surge in supply is driven by EU refiners' desire to secure more oil amid concerns over potential disruptions in transit through Ukraine.

TotalEnergies takes FID on sustainable aviation fuel output at Grandpuits

France’s TotalEnergies has announced taking a final investment decision to increase the production of sustainable aviation fuel (SAF) at the Grandpuits biorefinery in France.

UK top climate advisor backs Labour plan to end oil and gas licensing

John Gummer, who as Lord Deben chairs the statutory committee on climate change, told the Guardian he strongly supported Labour’s commitment.

German network regulator pushes for higher grid operator returns

Germany's network regulator Bundesnetzagentur plans to offer higher returns on equity for operators of power and gas grids to address concerns over inflation affecting investments in these assets.