EurOil - Europe Oil & Gas
Turkey warns US sanctions on Gazprombank could jeopardise its energy security, seeks exemption
ExxonMobil plans new wells offshore Cyprus from January 2025
US major ExxonMobil and its partner Qatar Energy are planning to drill two wells offshore Cyprus beginning in January. The results of the wells may determine the island’s future as an energy producer.
Kazakhstan plans construction of fourth oil refinery to meet light oil products demand
Serbia seeks Russian support for Druzhba oil spur
Russian oil pipeline operator Transneft announced on November 21 it had signed a memorandum of co-operation with Serbia’s Transnafta Pancevo.
EurOil: TotalEnergies steps up efforts to tackle methane emissions
Kazakh state-run oil producer announces plans to boost oil supplies to Germany by additional 100,000-150,000 tonnes
Czechia won’t pursue prolonging EU exemption on Russian oil imports ban
But neighbouring Hungary and Slovakia, which have made less effort to diversify their oil supplies, want exemption to be prolonged.
North Macedonia’s Rapid Build submits lowest bid for gas interconnector project
The North Macedonia’s company Rapid Build has offered the lowest bid of €59.9mn for the construction of the natural gas interconnector with Greece, making its offer pivotal in the selection of the contractor
Gazprombank sanctions will cause Europe gas payment problems
The United States has imposed new sanctions on Russia’s Gazprombank that could make it impossible for Russia’s European customers still importing Russian gas to pay for it.
Report says Azerbaijan’s SOCAR in talks on selling Turkish gas distribution business
Serbia, Russia sign memorandum to build joint oil infrastructure
Concerns over potential disruptions due to sanctions have spurred Serbia to seek alternative gas supply routes.
MOL seeks EU money for ending reliance on Russian oil by 2026
North Macedonia expects to sign gas interconnector contracts with Greece by year-end
North Macedonian Prime Minister Hristijan Mickoski has expressed confidence that contracts for the construction of a natural gas interconnector with Greece will be signed by the end of 2024, with on-ground work set to begin in the spring of 2025.
Russian gas imports to Czechia spike in November
Romgaz lists €500mn bond on Bucharest Stock Exchange
Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.
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