EurOil - Europe Oil & Gas
Europe exits the winter heating season with record gas stocks
The EU has exited the heating season with a record volume of gas in storage, following another mild winter and as a result of reduced industrial demand and a concerted effort by policymakers to boost stockpiles.
Gazprom takes operator of Dutch-UK gas pipe to court
Gazprom Export has filed a claim in Russia against another European company – this time BLL, the operaator of a 235-km gas pipeline between the Netherlands and the UK.
Summer starts as EU gas tanks start to fill again
Winter is over, as the EU gas tanks switch from withdrawals to filling mode again in preparation for next winter. Injection into the gas tanks started on April 1, a week earlier than in 2023 and started at an all-time high record level of 59.3% full.
Shell eyes expansion in Slovenia
Hungary cuts gas consumption by 23% in 2023
Hungary managed to curb gas consumption above the 15% target set by the EU for the second straight year, the Energy Ministry announced.
Orcadian completes farm-out of UK Ping field
Orcadian Energy has finished its previously announced farm-out of an 81.25% stake in licence P2244 in the UK Central North Sea.
Shell appeals against Dutch climate ruling
Shell has started its appeal against a landmark 2021 Dutch court ruling that ordered the European oil major to drastically slash its global emissions.
Netherlands at risk of gas shortages, warns Gasunie
The Netherlands could face natural gas shortages over the coming years unless the government takes appropriate measures, including building up an emergency stockpile of the fuel.
VTTI, IKAV acquire majority share of Italy's Adriatic LNG
Dutch infrastructure group VTTI and German asset manager IKAV have joined up to acquire a majority stake in Italy’s largest LNG terminal from ExxonMobil and QatarEnergy.
ADX pushes on with data analysis at Austrian gas find
Austria’s ADX Energy is continuing data analysis at its Welchau-1 discovery well in Austria after completing well operations last month.
UK GHG emissions drop 5.4% in 2023 on less gas use
UK greenhouse gas emissions dropped 5.4% in 2023, government data published last week showed, as a result of less natural gas being used to generate power and heating, as well as increased electricity imports and weaker demand.
Ivan Cermak leads €180mn investment in Gazenic
Under Cermak's leadership, Delta Terminals has reportedly shifted towards biofuels. Investments totaling €180mn are contingent on the restoration of the Zadar-Knin railway line.
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