EurOil - Europe Oil & Gas
New Green Alliance: offshore wind cheaper than natural gas in UK
Think-tank New Green Alliance has found even if the British government establishes prices for offshore wind power at double the level paid in the last successful auction, offshore wind will still be cheaper than gas natural power.
The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60”
The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60” the Financial Times reported on November 14, according to Western experts and Russian export data.
EurOil: EU lawmaker seek ban on Russian LNG imports
UK oil and gas investment at all-time low, warns Equinor's local head
The head of Equinor’s UK business warned in meetings with the governments of Scotland and the UK that North Sea investment is at “an all-time low."
Hungary requests EU launch infringement procedure against Bulgaria over transit gas fee
Bulgarian politicians urge government to end derogation for Russian oil imports immediately
Net profit of Slovenia’s Petrol soared to €95mn in January-September
DEPA in talks with Gazprom on 2024 gas supply
Greek state gas company DEPA Commerce is in talks with Russia’s Gazprom on determining terms and pricing for gas supplies next year.
What is pushing oil price down?
The price of crude oil has fallen 6.6% in the week ending November 10, with Brent closing below $80 a barrel for the first time since July. Only a few months ago analysts were predicting triple-digit prices. Now that looks like a dream.
EU lawmaker seek ban on Russian LNG imports
EU lawmakers are pushing for the bloc to impose a ban on Russian LNG and LPG supplies as they debate the next package of sanctions against the country.
Eni, Saipem team up on biofuels production
Eni last week forged a strategic partnership with fellow Italian company Saipem to develop its biofuels business.
Equinor seeks to sell 20% of UK Rosebank field
Norway’s Equinor is preparing to divest a 20% stake in the Rosebank oilfield in the UK North Sea.
What is pushing oil price down?
The price of crude oil has fallen 6.6% in the week ending November 10, with Brent closing below $80 a barrel for the first time since July. Only a few months ago analysts were predicting triple-digit prices. Now that looks like a dream.
EC to investigate Bulgaria for exploiting Russian oil sanctions loopholes that earned the Kremlin €1bn
The European Commission will investigate Bulgaria for exploiting loopholes in the oil sanctions regime against Russia that have earned the Kremlin $1bn.
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