EurOil - Europe Oil & Gas
Azerbaijani and Italian energy ministers meet
Europe boosts Russian pipe gas supplies by 27% in H1 2024
Europe increased Russian pipeline gas purchases by 27% year on year in the first six months of 2024.
Iran exported oil to EU countries in Q1, Eurostat data shows
Two members of the European Union have imported crude and oil-derived products from Iran this year despite US sanctions on the Middle Eastern oil producer, the EU's official statistics agency said.
Turkey hikes gasoline prices by two lira
Energean makes strategic sale of assets to Carlyle Energy valued at $945mn
The operator of Israel’s offshore Karish gas field in the East Mediterranean, Energean, has announced the sale of its Egyptian, Italian and Croatian portfolio to Carlyle International Energy partners for an “enterprise value” of $954mn.
Turkey’s EPDK releases 2023 gas data
Turkey’s Energy Market Regulatory Authority (EPDK) reported this week in its latest annual gas report that Turkey imported 50.48bn cubic metres of natural gas during 2023, a decline of 7.64% from the 54.22 bcm of gas imported during 2022.
SOCAR and Germany's VNG sign MoU
Equinor’s Hammerfest LNG facility shut down again
Norwegian energy major Equinor revealed that its Hammerfest LNG facility has been shut down following a power outage.
Fossil fuel use reaches global high
A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.
Global gas flaring at highest level in five years
In 2023, the volume of gas flared globally rose by 9bn cubic metres to 148 bcm, the highest level since 2019, according to a new World Bank report. This is despite efforts to curtail the practice because of climate change.
Israel emerging as source of tension in Azerbaijan’s special relationship with Turkey
War in Gaza and domestic politics in Turkey create cracks in Azerbaijani-Turkish alliance.
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