EurOil - Europe Oil & Gas
Germany strikes gas pipeline deal with Algeria
German energy utility VNG has signed the country’s first pipeline gas deal with Algeria, with the latter’s state-owned oil and gas company Sonatrach.
Croatia to invest €400mn in gas pipelines construction
Analyst says Erdogan, Turkish elite won’t abandon Russia, with energy trade lucrative backbone in relations
Toronto-based explorer, developer Sintana Energy bullish about its oil prospects in Namibia
Greenpeace challenges environmental permit for Neptun Deep offshore project in Romania
Sweden closes investigation into Nord Stream pipeline explosions
The Swedish authorities have officially terminated their investigation into the explosions that destroyed the Nord Stream 1 and 2 gas pipelines and handed the files over to Germany, the Swedish Prosecution Authority said on February 7.
EU doubles gas storage withdrawals in January
Lukoil's Bulgarian refinery goes without Russian Urals in January
The Lukoil-owned Burgas oil refinery in Bulgaria did not receive a single batch of Urals crude last month.
State replaces nearly entire supervisory board of Poland’s Orlen
Moody’s expects Red Sea disruptions to cause oil price volatility
Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.
EurOil: UK awards more oil and gas licences
Orlen sold Lotos assets for at least €1.15bn below market value, state auditor says
Warsaw-listed fuels and energy giant Orlen sold assets of peer Lotos PLN5bn (€1.15bn) below their market value, according to a report by the state audit body NIK.
UKOG concludes no commercial rates of hydrocarbons present in Turkey’s Pinarova-1 well
OMV Petrom to more than double investments in the coming years
Adding Saudi Arabia to the BRICS to create a commodities powerhouse
The potential inclusion of the United Arab Emirates, Iran, and possibly Saudi Arabia into the BRICS group of nations would create a commodities powerhouse that controls the bulk of global oil and gas deposits, analysts at S&P Global suggest.
Czech finance minister says security played a role in the purchase of Robin OIL gas stations
Czech Minister of Finance Zbynek Stanjura said that security considerations had played a role in the recent purchase of the Robin Oil gas station chain by state-controlled oil storage and transportation company Cepro.
Bulgaria lowers gas price by 8.4% for February
New Polish government dismisses Orlen chief as clean-up after PiS continues in state companies
Investigations launched into sell-off of assets in Lotos merger, and company’s lowering of fuel prices before the election last year.
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