EurOil - Europe Oil & Gas
Neste scraps electrolyser project at Finnish refinery
Finland’s oil refining and marketing company Neste has chosen to reassess its renewable hydrogen ambitions owing to "challenging market conditions and financial performance," leading it to withdraw from a planned 120-MW electrolyser project.
Cyprus set to receive delayed FSRU
The floating storage and regasification unit for Cyprus’ long-delayed and trouble-stricken LNG project may finally leave China, where it was built.
Sverdrup oil output to drop from peak early next year
Norway’s largest source of oil production, the Johan Sverdrup field, is expected to drop from its production peak early next year.
Equinor mulls scaling back investments in renewables
Equinor announced on October 24 that it might scale back its planned investments in renewable energy by 2030.
TAL pipeline expansion nears finish, offering Czech Republic a future free of Russian oil
The project aimed at replacing Russian crude is being achieved in “an incredibly short period”, the CEO of the Czech Republic’s state oil pipeline operator told NewsBase.
Mammoet to assist in decommissioning Groningen gas wells
Dutch heavy-lifting specialist Mammoet announced last week it was providing logistical and engineering support to well engineering group for one of the biggest gas well closure projects in the world.
Rosneft's legal attempt to block Shell refinery sale in Germany fails
A German court has rejected a complaint by Rosneft against Shell’s move to sell its stake in Germany’s 220,000 barrel per day Schwedt oil refinery.
TotalEnergies finds more gas off Denmark
TotalEnergies has discovered more gas reserves at the Harald field off Denmark’s west coast.
NIS invests over RSD37bn in capital projects
The NIS Group invested RSD37.3bn in capital projects during the first nine months of 2024, marking a 70% increase compared to the same period last year, the Serbian oil and gas company announced on October 28.
Turkey prepares for offshore, onshore exploration work in Somalia
The arrival of Turkish seismic vessel Oruc Reis in the port of Mogadishu last week signals that Turkish Petroleum (TPAO) is ready to begin an oil and gas exploration programme in the Indian Ocean off the coast of Somalia.
Deadline for booking Russian gas transit through Ukraine passed in July, says Putin
The deadline for booking Russian gas transit capacity via Ukraine next year already passed in July, according to Putin.
EU Parliament calls for bloc to end reliance on Azeri gas
MEPs have called for the EU to scrap plans to double Azeri gas shipments – a central part of the plan to eliminate remaining Russian supplies.
NIS aims to raise €50mn with first corporate bond issue
Serbia's leading oil and gas company, the Oil Industry of Serbia (NIS), announced on October 25 its plan to issue corporate bonds for the first time, aiming to raise RSD5.85bn (€50mn) in long-term funding.
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