EurOil - Europe Oil & Gas

Investments in UK offshore energy, low-carbon tech could hit $250bn by 2030, says OEUK

Investments in offshore UK energy and low-carbon technologies could hit GBP200bn ($250bn) this decade, according a new report by industry association Offshore Energies UK (OEUK).

THE VIEW FROM MITTELEUROPA: Austria struggles to kick addiction to Russian gas

But cold turkey looms at the end of next year when Ukraine looks set to suspend pipeline shipments.

Russia's lost opportunity in the energy transition

Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.

OMV Petrom to distribute extraordinary dividend

Austria hits back at EU comments over paying for Russian gas in "blood money"

Turkey claims $956mn from Iraq in tussle over arbitration ruling that triggered halt to Kurdistan region’s oil flow

Czech oil imports from Russia rose to a decade high in 1H23

Share of Russian crude oil imports into Czechia is the highest since 2012 at 65%.

Five CEE countries to work jointly on vertical gas corridor market tests

Bulgaria, Greece, Hungary, Romania and Slovakia will work jointly to test the market interest in capacity expansion projects along the so-called Vertical Gas Corridor.

EurOil: Wintershall plays down hit to loss of Russian business

Repsol enters US onshore wind market with $768mn purchase

Spanish oil and gas company Repsol has agreed to buy the renewable energy platform ConnectGen, with a 20-GW pipeline and development capabilities, for $768mn from Quantum Capital Group.

Spanish dependence on Russian LNG grows in July

Spain’s reliance on Russian natural gas, imported in LNG form, is increasing, even though its overall imports of the fuel are dropping, government data showed on September 8.

Germany extends external control over Rosneft assets for another six months

The German Federal Network Agency has announced the continuation of external control over the assets of Russia's Rosneft in Germany for an additional six months. This decision extends the regime that was initiated last year.

Srbijagas and Greek Depa cooperate to supply gas