EurOil - Europe Oil & Gas
Spot LNG prices fall amid high storage levels
Spot LNG prices have tumbled amid high gas inventory levels in Europe and Asia, which have weakened demand for cargoes of the super-chilled fuel.
Hungary's MOL calls pricing policy of Janaf unfair
Hungary’s gas consumption falls by more than 10% in 2023
Czechia registered lowest annual gas consumption since 1994
OMV Petrom steps towards green future with renewables and electromobility deals
Southeast Europe’s biggest energy company buys into wind and solar power company and EV charging network.
Hungary's MOL announces gas production start at Kazakh field
Global shipping's chokepoints
With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be seriously affected, reports Statista.
Premier Energy takes over Romanian energy supplier from Macquarie
Azerbaijan ready to buy Lukoil’s Bulgarian refinery, ambassador says
Serbia’s oil company NIS plans capital investments of €509mn in 2024
Croatia's Janaf extends storage deal with Lukoil’s local unit
Global maritime chokepoints are clogging up
Yemen's Houthi rebels are intensifying their attacks on vessels in the Red Sea, with three commercial ships and a US military unit targeted in the middle of December. All the shipping chokepoints are becoming fouled up.
Moody's upgrades MOL’s outlook, affirms credit rating
New Polish state assets minister removes PiS-linked member from Orlen’s supervisory board
Germany expects floating LNG terminal at Stade port in February
Germany’s LNG import capacity is expected to expand further in February with the arrival of a floating storage and regasification unit at the country’s terminal in the port of Stade, north-western Germany.
Wintershall DEA firms up estimates at two Norwegian finds
Germany’s Wintershall DEA has firmed up its estimates for resources at a duo of Norwegian offshore discoveries after new appraisal work.
TotalEnergies joins wave energy collaboration
French oil company TotalEnergies has joined a collaborative wave project near the Orkney Islands off Scotland. The project, Renewables for Subsea Power, will get wave power from Mocean Energy and, from Verlume, subsea energy storage.
Repsol slapped with UK's biggest North Sea fine for emissions breach
Spain’s Repsol has been slapped with the largest ever fine issued to an operator by the UK’s North Sea Transition Authority (NSTA) after being found in breach of emissions rules.
COP28: vague and voluntary promises
To say that COP28 in Dubai has been eagerly awaited would be an understatement.
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