EurOil - Europe Oil & Gas
Bulgaria to probe secret deals with blacklisted Russians on TurkStream construction
Prosecutors are probing allegations that Bulgarians officials secretly met sanctioned Russians to speed up construction of the local stretch of the TurkStream pipeline.
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
Mocean, Aker partner on wave power for oil and gas hubs
Aker Solutions Subsea and Mocean Energy are entering a joint venture to extend the life of existing oil and gas hubs with wave energy.
Orlen's sales to Ukrainian customers surge by 61.9% in H1 2023
Polish energy giant Orlen made substantial gains in its sales to Ukrainian customers during the first half of 2023, increasing by 61.9% compared to the same period last year, Ukraine Business News reported on August 30.
Hungary-Slovenia gas interconnector gets green light
Slovak refinery Slovnaft wants prolongation of exemption from Russian oil embargo
The exemption for Slovnaft is in place until December due to Slovakia’s and Hungary’s high dependency on Russian crude.
Cyprus rejects Chevron’s Aphrodite development plan
A further delay in developing the Aphrodite gas field has come due to the Cypriot government’s rejection of a development plan for the island’s main offshore hydrocarbon resource proposed this summer by Chevron and its partners Shell and NewMed.
EU again voices concern over buying refined Russian oil from India, without solutions
The EU once more this weekend vented frustration at the “rapid” increase in Indian refined oil product exports to Europe that have been produced using Russian crude, without suggesting a proposal for curbing this trade.
Hungary’s gas storage level at 56% of annual consumption
Czechia buys RWE’s gas storage business in the country
Protest erupts against Krk LNG terminal expansion
Russia stems gas output decline in July
The year-on-year decline in Russian natural gas production in 2023 continued to slow in July, state statistics cited by the Moscow-based Vedomosti newspaper on August 24 showed, in part reflecting a recovery in exports to the European market.
Delays to Baltic coast LNG terminal spark concerns in Germany
Concerns are mounting in Germany that a second planned LNG terminal near the island of Rugen may not begin operating before winter as the project faces stiff opposition from the nearest town and environmental groups.
Slovenia's Petrol attains ESG rating
Equinor energises world’s largest floating wind farm
Norwegian oil and gas major Equinor and partners have energised the world’s largest floating wind farm, off Norway.
OMV Petrom to delist GDRs from London Stock Exchange as Romania's capital market flourishes
OMV Petrom said that the shares traded on the Bucharest Stock Exchange are now more attractive than the GDRs traded on the LSE in terms of liquidity.
Romanian OMV Petrom completes upgrade of Petrobrazi refinery
Albanian PM says Shell to invest up to €7bn in Shpirag
PM Edi Rama says indications oil at Shpirag is of very high quality, paving the way for game changing investments in Albania.
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