EurOil - Europe Oil & Gas

Details uncovered on continued Azerbaijani oil exports to Israel via Turkey

Crude arrives for shipping across Mediterranean on BP-operated pipeline. Deliveries apparently uninterrupted despite Ankara’s “Gaza” trade boycott on Israelis.

Turkey’s Fatih drillship spuds new well in Sakarya field

Turkey’s Fatih drillship has spudded a new well in the offshore Black Sea Sakarya gas field, Turkish Energy and Mineral Resources Minister Alpaslan Bayraktar said last week.

BNP Paribas, Credit Agricole vow not to take part in oil and gas bond deals

Two of Europe’s biggest banks have withdrawn from oil and gas bond deals – a type of financing that major fossil fuel companies have increasingly relied on to fund development.

Energy policy in focus as UK election campaigning starts

EU member states sign off on methane rules for oil and gas sector

Croatia's INA to splash $400mn annually on oil, gas, renewable projects

Croatia’s largest energy firm INA intends to spend $400mn annually over the next few years in upgrading its oil refinery, expanding renewables and financing upstream projects, the head of its management board, Zsuzsanna Ortutay, told Bloomberg.

Russia, Turkey to set up gas trading platform within months

Russia and Turkey plan to establish a gas trading platform in Istanbul within the next few months.

National Grid to divest UK's Grain LNG terminal

UK energy infrastructure operator National Grid announced on May 23 it would divest Europe’s largest LNG import terminal on Grain Island in southeast England.

Var Energi signs up for OGMP methane initiative

Norway’s Var Energi has signed up to the UNEP’s Oil and Gas Methane Partnership, aimed at driving reductions in emissions from the oil and gas sector.

Slovenia expands gas imports from Algiers

Slovenian Prime Minister Robert Golob and Algerian officials signed an amendment to the gas purchase agreement during his official visit to Algiers on May 27, aimed at boosting gas supply to Slovenia.

Poland, Russia strike deal on continued Kazakh oil transit to Germany

Pipeline operators in Poland and Russia have reached an agreement that will enable transit of oil from Kazakhstan to continue to Germany.

MOL to increase energy recovery of high inert gas

Eco-First, a unit of listed alternative energy company Alteo, has signed a ten-year contract with oil and gas company MOL to prepare gas with high inert content for delivery by tanker truck,

Rompetrol seeks partner ready to build and operate 75-MW water hydroliser

Romania’s largest refinery Rompetrol Rafinare seeks a partner to finance, design, construct and operate a water hydrolysis plant near or on its premises on the Black Sea coast thus conveniently supplying it with green H2 for decarbonisation.

EurOil: OMV warns Russia could cut off its gas supply

Equinor strikes oil at Norway's Svalin field

Norway’s Equinor has made a small oil discovery at a well at the Svalin field in the Norwegian North Sea.

Romanian fuel distribution company JP Grup Oil to launch Bucharest IPO

JP Grup Oil seeks to raise €11mn-13mn in latest of a series of IPOs on Bucharest Stock Exchange this year.

Europe’s CCS advocates call for EC to appoint carbon capture envoy

Many European Union members have yet to take concrete steps to outline their future actions to remove CO2 from the atmosphere and store it away. Without someone to push CCS projects along, targets for carbon removal could be missed.

Slovenia turns back to Algerian gas after flirtation with Russian supplies

Slovenia used to get 30% of its gas from Algeria via Italy, then opted to rely on Russia. Now Ljubljana is scrambling to diversify.

PANNIER: Russia is pushing Turkmenistan out of the natural gas market

Moscow’s moves to take over Central Asian pipeline capacity for deliveries to China might explain unusual urgency in the Turkmen search for new customers.

Equinor, partners approve $1.1bn investment at Troll field

The new infrastructure at the Troll West area will accelerate production from the reservoir equivalent to around 55bn cubic metres of gas to maintain high exports up to 2030, contributing an extra 7 bcm of annual supply at peak.

Estonian nature authority removes carbon capture tech requirement from oil shale plant permit

The Estonian Environmental Board has backed down on a requirement that carbon capture tech must be implemented at an under-construction oil shale plant by the end of 2030,

Russian Gazprom could lose OMV, largest client in Europe

Austrian OMV said that it could suspend gas supplies from Russian gas giant Gazprom due to a “foreign court ruling”, without providing more details.