EurOil - Europe Oil & Gas
Shell plans German biomethane expansion
Shell is bullish on growth in Germany’s biomethane market, a top manager told Reuters on February 20, noting that its client base in the country was seeking decarbonised energy.
TPAO achieves record oil production in southeastern Turkey
North Macedonia’s Oilko gets regulatory approval to acquire remaining shares in Makpetrol
Greece’s new FSRU receives first LNG cargo
Greece has revealed that the country’s new floating storage regasification unit (FSRU) located in waters southwest of the Port of Alexandroupolis received its first LNG cargo.
Equinor puts out fire at Mongstad oil refinery
European gas prices hit low as winter's end nears
The front-month contract at the Dutch gas hub dropped to only $275 per 1,000 cubic metres on February 20, marking its lowest point since the summer, as Europe nears the end of yet another warm winter.
Ukrainian gas storage boosts EU savings, raises eyebrows on energy strategy
Ukrainian gas storage facilities have emerged as a crucial lifeline for EU companies, enabling savings of over $300mn and serving as a key component of Europe's winter energy strategy.
EU says no need to extend Ukrainian gas transit deal
The European Commission finally states position on future of Russian gas transit via Ukraine.
Putin plays down loss of European gas revenues
Vladimir Putin has brushed off the impact of Russia’s loss of market share in Europe over the past two years, stressing the country’s ability to find alternative markets and diversify its economy away from energy.
EU bought €29bn of Russian oil and gas in 2023
AzerbaijanI gas to be piped to Hungary via Turkey, says minister
Turkey’s Botas signs cooperation agreement with Egyptian Natural Gas Holding Company
Hungary’s MOL comfortably beats $2.8bn Ebitda forecast for 2023
Hungary and Turkey finalise gas agreement
Azerbaijan supplied a record volume of gas to the EU in 2023
UK Labour party drops plans to backdate North Sea windfall tax
With the debate over North Sea oil and gas policy raging on in the UK ahead of the next general election, Labour has dropped plans to backdate a windfall tax on producers’ profits to the start of 2022.
UK government set to back country's first large-scale hydrogen plant
The UK government is set to throw its support behind the construction of the UK’s first large-scale hydrogen plant at the Stanlow oil refinery in north-west England.
Norwegian oil and gas infrastructure at heightened risk of attack
The head of Norway’s National Security Authority has warned that Europe’s increased reliance on the country’s natural gas has heightened the risk of its energy installations being attacked.
Gasoline prices in Turkey surpass TRY40 per litre
Gasoline prices in Turkey were hiked by TRY 1.79 per litre as of February 15, according to local media reports. As a result, the gasoline price in Istanbul reached TRY 41 per litre, a new record high.
Moratti family sheds remaining stake in Saras oil refiner
The billionaire Moratti family has struck a deal to divest a 35% interest in Italian oil refiner Saras to commodity trading giant Vitol.
Poland’s floating LNG terminal secures key permit
Austria, Slovakia drop plans for Druzhba spur
Austria’s OMV and Slovak firm Transport have, to little surprise, abandoned plans for a pipeline project that would have delivered Russian crude from the Druzhba system to the Schwechat refinery outside Vienna.
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