EurOil - Europe Oil & Gas
Environmental groups call for investigation into EBRD's planned fossil gas pipeline loan for North Macedonia
CEZ net profits more than halve in 2023 to CZK29.6bn
CEZ also confirmed that it signed an agreement to buy 55% of Gasnet, the largest Czech gas distribution company, for €846.5mn.
Norwegian court lifts ban on Aker BP field developments
A Norwegian appeals court has put on hold an injunction that would have halted the development of two oilfields.
Bulgaria launches tender for vertical gas corridor capacity expansions
Bulgaria’s state-owned gas transmission system operator Bulgartrnagas announced on March 20 it would be launching a tender for expanding infrastructure.
Northern Lights leads the way in European CCS
Northern Lights – the first ever cross-border CO2 transport and storage project – remains on track to enter commissioning this year.
Methane emissions from the energy sector increased in 2023
The International Energy Agency estimates that in 2023, nearly 120mn tonnes of methane emissions stemmed from the production and utilisation of fossil fuels, slightly higher than in 2022.
BlackRock, GIC seek sale of UK gas pipes
Private equity fund BlackRock and Singapore’s sovereign wealth fund GIC are eying the sale of a network of gas pipelines in the UK for around $2bn.
ADX strikes gas in Austria
Austria’s ADX Energy has reported the discovery of a liquids-rich gas column at the Welchau-1 well at its ADX-AT-II exploration licence in Austria.
Ineos mulls closing Grangemouth ethanol plant
The UK’s Ineos is proposing the closure of its ethanol plant at the Grangemouth petrochemicals complex in Scotland early next year, citing years of losses.
Follow us online