EurOil - Europe Oil & Gas
Wintershall plays down hit to loss of Russian business
EU mulls making joint gas purchases permanent
The European Commission is seeking to make the EU’s joint gas procurement scheme a permanent fixture, after demand in the system’s tenders held earlier this year exceeded expectations, Reuters reported on September 5.
EU LNG imports sink to lowest level in year and a half in August
The EU received 9.8bn cubic metres of gas in liquid form last month, which was 2.8% less than in August 2022 and 10.6% less than in July this year. It marks the second month in a row that imports have fallen on a year-on-year basis.
Russian share of EU oil, oil products markets shrinks tenfold in Q2
Eurostat did not disclose the volume of Russian oil and oil products that the bloc received in the second quarter, but according to UN Comtrade, they amounted to 4.9mn tonnes, or $2.1bn in monetary terms in the three-month period.
Saudi, Russian oil cuts rolled over until year-end
Saudi Arabia and Russia this week announced that they would extend the voluntary oil production cuts that were implemented in July until the end of the year.
Energy remains top topic at East Mediterranean summit
Leaders of Israel, Greece and Cyprus met in Nicosia on 4 September to discuss energy development in the East Mediterranean again, and the prospects for exporting their natural gas resources to neighbouring countries and especially Europe.
Russian Lukoil’s oil terminal comes under Bulgarian control
EurOil: EU again voices concern over buying refined Russian oil from India, without solutions
Hopes for pipeline progress raised as Turkish, Israeli energy ministers discuss energy cooperation potential
Can Europe simply ban Russia's soaring LNG imports too?
Europe has cut itself off from Russian gas following the destruction of the Nord Stream 1 & 2 pipelines last year, but imports of Russian liquefied natural gas have soared as it seeks sources of fuel and has few other options. Or does it?
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