EurOil - Europe Oil & Gas
Italy received about 7.4 bcm of gas from Azerbaijan via TAP in 9 months
Gas supplies from Azerbaijan to Italy via the Trans-Adriatic Pipeline (TAP) in January-September 2023 amounted to 7.373 bcm, which is 4.3% less than the same period in 2022.
Czechia secures capacity in German LNG terminal
Majority state state-owned Czech energy utility CEZ secured annual capacity, amounting to 2bn square metres until 2027, at the Stade LNG terminal, which is currently under construction and is located near the German port city of Hamburg.
Bulgartransgaz revives plans for vertical gas corridor
Croatia starts building €155mn Zlobin-Bosiljevo gas pipeline
Slovenian energy group Petrol names new board president
CEE Bankwatch slams new wave of Balkan gas projects
NGO urges development partners to stop funding fossil fuel projects in the region and focus only on renewables.
Aphrodite deal evades Cyprus, but optimism persists
The government of Cyprus and US energy giant Chevron have yet to publicly acknowledge any sort of agreement on the development of the offshore Aphrodite gas field despite a deal deadline set for November 20.
Lithuania's Klaipedos Nafta posts €5.5mn profit in 9M, revenue up 13% y/y
Lithuania's state-run oil product and LNG terminal operator Klaipedos Nafta announced that its consolidated revenue for January-September rose by 12.6% year on year to €63.6mn, BNS, a Lithuanian newswire, reported.
Azerbaijan retains its status as the largest oil supplier to Croatia with a share of 74.5%
Azerbaijan retained its status as the largest supplier of oil to Croatia, based on the results of January-September 2023 with 981,667 tonnes of oil sent to the EU Adriatic country, which is 25.3% less than the same period last year.
EurOil: DEPA in talks with Gazprom on 2024 gas supply
BP seeks renewable energy partnerships
BP is actively looking for partners for offshore wind ventures in Japan and exploring potential investments in hydrogen technology firms.
Orlen confirms purchase of Kuwait Foreign Petroleum Exploration Company in $445mn deal
PGNiG Upstream Norway, a part of the Orlen Group, has signed an agreement to acquire a 100% stake in the exploration company KUFPEC Norway, a subsidiary of Kuwait Foreign Petroleum Exploration Company, Orlen said on November 20.
Denmark to police sanction-busting Russian tankers leaving the Baltic Sea?
The European Commission may ask Denmark to block the exit from the Baltic Sea and introduce inspections on Russian oil tankers as a way to enforce the $60 oil price cap sanctions, France24 reported on November 18.
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