EurOil - Europe Oil & Gas

What is the outlook for Russian oil output this year?

OPEC maintained its forecast for Russian oil production this year at 10.28mn barrels per day in its latest monthly report, despite the government’s recently announced plan to curtail exports by 500,000 bpd in August.

IEA sees European gas prices rising by as much as a quarter in 2024

Finland's Gasum resumes Russian LNG purchases

Novatek CEO Leonid Mikhelson said in June that Gasum had not bought any LNG from the Kryogas-Vysotsk plant, situated in north-west Russia, since April.

Oil exports via CPC pipeline to decline to 4.7mn tonnes in August

BP, SOCAR join forces on Israel bid amid Aphrodite optimism

The East Med is enjoying a resurgence in investor interest amid positive drilling results and ongoing uncertainty about supply.

EU boosts gas imports from Azerbaijan despite Italy's reduction in 5M23

EurOil: Centrica signs 15-year LNG supply deal with Delfin Midstream

ADNOC, OMV in talks for potential merger

Croatian opposition MPs leave Parliament, seek emergency session over HEP scandal

Almost all opposition MPs left the Croatian parliament on July 14 and urged the ruling coalition to call an emergency session to discuss the scandal with HEP's sale of gas at below market prices, as well as a judicial workers' strike.

Motor fuel sales in Hungary fall 20% in H1

HEP surplus gas sale situation to be resolved, says Croatian PM

Croatian Prime Minister Andrej Plenkovic confirmed on July 13 that the issue of HEP power utility's surplus gas sale will be “fully addressed”, with necessary decisions taken if required.