EurOil - Europe Oil & Gas

21 January 2024

QatarEnergy pauses sending LNG vessels via the Red Sea amid Houthi attacks

19 January 2024

QatarEnergy will pause sending LNG tankers through the Red Sea amid growing security concerns as Yemen’s Iran-back Houthi militia ramp up attacks in the busy shipping lane in support of the Palestinian Islamist group Hamas’ war with Israel.

Ukraine pitches gas storage use to German energy firms

19 January 2024

Ukrainian national gas company Naftogaz intends to reach new agreements with foreign traders on boosting the use of the country’s vast underground natural gas storage facilities.

Shell takes FID on UK's Victory gas field

19 January 2024

Shell has reached a final investment decision on the development of the Victory gas field in the UK North Sea, some 47-km northwest of the Shetland Island – a project set to come on stream in the middle of the decade.

Contract for jetty construction awarded for second Wilhelmshaven LNG terminal

19 January 2024

FSRU Wilhelmshaven, a joint venture between Engie and Tree Energy Solution, has issued a contract to Dutch firm Van Oord for construction of a floating storage and regasification unit jetty at Wilhelmshaven in Germany.

Norway hails success of offshore licensing round, but NGOs manage to block key projects

19 January 2024

Norway’s petroleum ministry hailed the success of its latest offshore oil and gas licensing round this year, awarding 62 licences to 24 energy companies in a latest push to continue momentum behind exploration and development.

Houthi rebels vow not to target Russian ships despite two accidental attacks on tankers

19 January 2024

Houthi rebels have vowed not to target Russian ships passing through the Red Sea, potentially shielding both countries from some of the fallout on international trade caused by the crisis.

CEZ and CVC to compete for Czech gas network GasNet

19 January 2024

The majority state-owned Czech energy utility CEZ and private equity group CVC Capital Partners are to place competing bids for the Czech gas distribution network.

US State Secretary Blinken urges Bosnian Croat leader to stop blocking gas link.

18 January 2024

Planned natural gas pipeline to Croatia would end Bosnia's dependence on Russian gas.

Escalating tensions: a delicate balancing act

18 January 2024

In the wake of a chilling attack by Hamas on Israel in October, the political climate in the Middle East has shifted from cautious optimism to a precarious tinderbox.

Bulgaria replaces Russian crude oil with imports from Kazakhstan, Iraq and Tunisia

14 January 2024

Country's sole refinery Lukoil Neftochim Burgas has not imported any oil from Russia in January, as Bulgaria ends dependence on Russian hydrocarbons.