EurOil - Europe Oil & Gas

23 October 2024

Serbia negotiates new long-term gas deal with Russia

22 October 2024

Serbia’s President Aleksandar Vucic has reached an agreement with Russian President Vladimir Putin on favourable gas prices and plans to discuss a long-term supply arrangement, Vucic announced on October 21.

Azerbaijan's GL Group takes 25% in Turkey’s Thrace Basin gas field

22 October 2024

Azerbaijan’s first privately owned energy company, GL Group, has acquired a 25% stake in a Canadian company operating Thrace Basin Block F17-b4 in northwestern Turkey, Gazelle Energy Ltd.

NIS prepares first corporate bond issuance

21 October 2024

Serbia’s leading oil and gas company, NIS, is planning to issue corporate bonds for the first time, the company announced on October 21.

Planning approval at UK's Wressle field set to be revoked

21 October 2024

Planning permission for further development of the Wressle oilfield in the east of England is likely to be revoked because of a legal challenge.

Rockhopper scales back in Italy

21 October 2024

UK-based operator Rockhopper Exploration has signed a share purchase agreement with India’s Zodiac Energy to divest its remaining Italian assets.

JAPEX seeks sale at UK's Seagull field

21 October 2024

Japan Petroleum Exploration plans to sell its 15% stake in the BP-operated Seagull oilfield in the UK North Sea.

MOL warns of fuel delivery disruptions to Czechia

21 October 2024

The head of MOL’s Czech subsidiary has warned of potential disruptions to fuel deliveries after the EU's exemption on the import of Russian oil-derived products expires in December.

Belgium calls for EU-wide tracking system of Russian LNG

20 October 2024

Belgium’s energy minister Tinne Van der Straeten has suggested the creation of an EU-wide tracking system for Russian LNG.

Private group of Azeri firms acquire interest in Turkish gas block

20 October 2024

A private group of energy companies in Azerbaijan called GL Group have acquired an interest in a gas block in Turkey, hailing it as their first foray into the international upstream sector.

Egypt to transport LNG through Greece’s new FSRU terminal

20 October 2024

State-owned Egyptian Natural Gas Holding Company will ship its LNG through Greece’s newly commissioned Alexandrouppolis floating storage and regasification unit.

EU's Simson urges bloc to continue cutting Russian gas

20 October 2024

The EU must ensure it reverses the trend of rising Russian gas imports seen this year and follow through on its commitment to eliminate those imports entirely by 2027.

EC says Europe ready for cut-off of Russian gas transit through Ukraine

18 October 2024

European Commissioner Kadri Simson said this week that the European Union is ready for the gas transit agreement between Ukraine’s Naftogaz and Russia’s Gazprom to expire at the end of this year.

New Fortress Energy’s Altamira LNG plant in Mexico exports first cargo to the Netherlands

16 October 2024

US LNG developer New Fortress Energy has delivered its first LNG cargo to Holland’s Gate terminal from its Altamira LNG plant located in Mexico.

Bulgaria approves energy partnership with Oman

16 October 2024

Bulgaria’s government approved on October 15 a cooperation agreement with Oman on the global market of LNG, investments in renewable energy projects and sources for electricity storage, it said in a statement after its regular session.