EurOil - Europe Oil & Gas

11 October 2023

Balticconnector pipeline between Estonia and Finland shut down due to gas leak

10 October 2023

A possible leak put the Balticconnector gas pipeline between Estonia and Finland offline. The undersea pipeline experienced a pressure drop which prompted system operators on both sides to cut off the gas.

Var Energi to sell entire stake in mature Norwegian field

10 October 2023

Var Energi has struck a deal with fellow Norwegian player Petrolia to divest its entire stake in a Northern North Sea field as part of its push to optimise its portfolio.

Shell sees gas-trading performance strengthen in Q3

10 October 2023

With European demand for LNG remaining strong, UK major Shell enjoyed a rebound in earnings from its gas-trading operations in the third quarter, after taking a hit to that segment during the previous three-month period.

ConocoPhillips gets all-clear to start up Norwegian-UK gas field

9 October 2023

Norwegian authorities have permitted ConocoPhillips to bring the Tommeliten gas field – which straddles the border between the Norwegian and UK sections of the North Sea – on stream. Production is due to start later this month.

EU LNG imports drop to two-year low in September

9 October 2023

EU LNG imports were down 8% month on month in September, reaching their lowest level in almost two years, as storage volumes are still ample and demand remains subdued, the bloc’s data shows.

Leak suspected at Finnish-Estonian gas pipeline

8 October 2023

A subsea natural gas pipeline linking Finland and Estonia was closed early on October 8 after an unusual drop in pressure was recorded that was likely caused by a leak, Finnish operator Gasgrid and Estonian counterpart Elering reported.