EurOil - Europe Oil & Gas

EU backs plan to give members right to block Russian gas imports

The European Parliament and EU member states have agreed on a European Commission proposal that would allow bloc members to prevent gas imports from Russia and Belarus.

Kretinsky’s EPH projected to be largest tax payer in Czechia

One year on: laundromat countries allow Russia to dodge oil price cap sanctions

While it is clear that the sanctions have not reduced the Kremlin’s resolve for war one year on, a CREA analysis revealed that the EU oil import ban and G7 price cap have cut the country’s export earnings from oil by only 14%.

Hungary seeks more time to sell fuel produced from Russian oil

Hungary’s government intends to veto the proposed 12th package of EU sanctions against Russia if Brussels does not allow the country’s state-owned energy firm MOL to sell petroleum products produced from Russian crude to Croatia and Czechia.

Bulgarian parliament to get right to approve buyer of Lukoil’s local refinery to defend national interest

New Bulgaria-Serbia gas pipeline put into operation

Bulgarian president says interconnection that will carry Azeri gas to Serbia “changes the energy map of Europe”.

EurOil: Norway urges operators to "leave no stone unturned" in developing difficult gas resources

EU to allow member states to block Russian gas imports

Kazakhstan reportedly planning to raise exports of KEBCO oil via Russia by 14% m/m in December