EurOil - Europe Oil & Gas
Russian court orders freeze of assets held by Linde's UK arm
A Russian court has ordered the freezing of assets worth $1.15bn belonging to the UK arm of Germany’s Linde, over its failure to build a gas processing plant on the Baltic Sea.
EnergyPathways applies for UK Irish Sea gas storage licence
London-listed EnergyPathways has applied for a gas storage licence at the North Sea Transition Authority for its Marram gas field in the UK Irish Sea.
Canada's GTE makes $226mn takeover bid for Canadian-UK firm i3
Stock at UK oil and gas producer i3 Energy soared close to 34% in early trading on the morning of August 20 after Canadian energy group Gran Tierra Energy announced a takeover bid for the company worth GBP174.1mn.
BP strikes one-year deal to supply Norwegian oil to Poland's Orlen
BP has entered into a 12-month deal to supply oil produced at fields offshore Norway to refineries in Poland and Lithuania owned by Polish energy group Orlen.
Poland's Orlen strikes one-year oil supply deal with BP
BP supplies are set to cover 15% of the annual demand of the entire Orlen group.
Profit of Romanian Transgaz surges 2.5 times y/y in H1
The net profit of Romanian natural gas grid operator Transgaz (BVB: TGN) surged 2.5 times y/y to RON176mn (€36mn) in H1, amid higher tariffs and more revenues generated by the company’s subsidiary in Moldova, Vestmoldtransgaz.
MOL announces gas discoveries in Pakistan
Ukraine would not have blown up Nord Stream pipes without Washington's consent, claims top Russian diplomat
Ukraine would not have blown up the Nord Stream pipelines without getting approval from the US, according to Russia's ambassador to Washington.
Turkey’s gas, oil extraction index hits all-time high
India’s Swan to sell LNG terminal to Turkey’s Botas for $339mn
India’s Swan to sell LNG terminal to Turkey’s Botas for $339mn
Eni starts shipping Kazakh oil to Germany via Druzhba
Italy’s Eni has begun shipping Kazakh oil to Germany via the Russian Druzhba pipeline system.
Gas supplies to Bosnian capital resumed after talks between companies
Gas supplies to Bosnia & Herzegovina’s capital Sarajevo were resumed on August 14 following successful talks between the managers of two arguing companies, one of them – Sarajevo Gas Istocno Sarajevo – said in a press release.
Bulgaria temporarily freezes Chiren gas storage expansion amid EPPO investigation
The EPPO is probing Bulgartransgaz and three other companies in a probe into suspected fraud related to the Chiren expansion project that is funded by the EU.
Fitch says short-term impact of Russian crude import restrictions for Hungary 'manageable'
The short-term effects of Ukraine's partial suspension of Russian crude oil transit to Hungary and Slovakia are manageable, but long-term challenges remain, according to Fitch Ratings.
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