EurOil - Europe Oil & Gas

Bulgaria to stop imports of Russian oil

Parliament votes to end imports despite exemption from EU-wide ban until end-2024.

Gas prices in Serbia to increase by 10% starting November 1

ConocoPhillips signs 15-year deal for regasification capacity at Holland’s Gate LNG terminal

US oil major ConocoPhillips has reached a 15-year commercial agreement for the obtainment of approximately 1.5mn tonnes per year of additional regasification capacity at the Netherlands’ Gate LNG terminal, the company revealed September 18.

Germany vows to strengthen LNG capacity

Germany will strengthen its LNG capacity to retain energy diversity in the face of a potential supply shortage, a key official in the country’s energy ministry stated at an industry event on September 19.

Serbia prepares 146-km gas pipeline connection with North Macedonia

Global diesel shortage pushes prices over $1,000 per tonne

Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.

Montenegro mulls lowering excise duties on oil derivatives

Romania rejects OMV’s request to amend Offshore Law

EurOil: Ithaca to assume full control of UK's Cambo field

EU continues calls to eliminate Russian LNG

EU Energy Commissioner Kadri Simson called on September 14 for the bloc to curb its Russian LNG imports with the end-goal of eliminating them completely, as Brussels considers ways of further strangling Moscow’s revenue source.

Russia's plan to create ‘gas hub’ in Turkey reportedly entangled in squabbles

PGNiG eyes operatorship of Barents Sea CO2 storage licence

PGNiG, a subsidiary of Poland’s ORLEN Group, has set its sights on operatorship of the only CO2 storage licence to be awarded in the Norwegian Barents Sea, after signing a letter of intent to team up at the project with current operator Horisont

Ithaca to assume full control of UK's Cambo field

Share of EU population without enough heating climbs in 2022 amid energy crisis

EnQuest blames UK windfall tax for H1 loss

The head of UK oil producer EnQuest has blasted the impact of the country’s windfall tax on oil and gas profits, blaming the policy for the loss it sustained in the first half.

COMMENT: What to expect if Bulgaria expels Lukoil

Russian oil company effectively used its business activities to develop enormous political leverage in Bulgaria.

Grant Polymer signs R&D agreement with Slovenian Faculty of Polymer Technology

Eni expects North Africa to be Italy’s main source of gas for the next few years

Eni expects three North African countries to be Italy’s main suppliers of natural gas for the next few years.