EurOil - Europe Oil & Gas
Serica discloses share capital details ahead of Enquest tie-up
Serica Energy has disclosed details of its share capital in a filing under the UK Takeover Code, signalling progress in its potential reverse takeover by North Sea peer EnQuest.
Harbour Energy secures CO2 storage well permit
UK’s Harbour Energy has received a drilling permit from the Norwegian Offshore Directorate for a carbon storage exploration well in the Norwegian Sea.
Equinor starts up Halten East off Norway
Norwegian state oil company Equinor has begun production at its Halten East development in the Norwegian Sea.
Russia's Gazprom stung by net RAS loss in 2024
Russia’s state gas giant Gazprom suffered an annual loss in 2024, because of a drop in the market value of shares in its oil production arm Gazprom Neft.
JANAF could acquire Russian stake in Serbia’s NIS
Croatia's state-owned oil transport company JANAF has expressed interest in buying Russia’s shares in Serbia's oil company NIS, a key player in the region's energy sector that is facing potential US sanctions over its Russian ownership.
Ukraine seen turning to US LNG imports as damage to gas infrastructure mounts
Mounting damage to Ukraine’s natural gas production facilities is forcing Kiev to turn increasingly to gas imports from its European allies – as was recently illustrated by the agreement between Naftogaz and Poland’s Orlen.
EU to soften gas storage rules to avoid price spikes
EU member states are considering softening the bloc’s binding gas storage targets in order to avoid sending gas prices soaring again ahead of what is anticipated to be a difficult year.
Croatia puts €140mn gas pipeline into operation
Slovenia’s Petrol posts 7% higher profit in 2024
Slovenian energy company Petrol said on March 14 that it posted a net profit of €145.9mn in 2024, reflecting a 7% increase from 2023.
US mulls project partnerships with Russia's Gazprom
First and foremost, US involvement in the operation of the Nord Stream 2 pipeline appears to be on the table.
European gas demand to decline by one third by 2050: GECF
“This trajectory reflects a comprehensive energy mix transformation across all economic sectors, driven by existing policies and the broader decarbonisation agenda,” the GECF said.
Slovak Transpetrol says Druzhba oil flow has been renewed
Slovak oil transporting company Transpetrol says that oil flow via the Russian Druzhba [Friendship] pipeline has been renewed and that oil should be arriving in Slovakia in the evening hours of March 12.
Turkey’s TPAO and US oil producer Continental Resources link up to develop Diyarbakir Basin shale fields
National oil company Turkish Petroleum Corporation (TPAO) has entered into a joint venture agreement with US oil producer Continental Resources to develop shale fields in the Turkey’s Diyarbakir Basin.
Hungary says Russian oil supplies via Druzhba pipeline temporarily halted
Hungary’s Foreign Minister Peter Szijjarto said on March 10 that Russian oil supplies through the Druzhba pipeline were temporarily suspended following large-scale Ukrainian drone strikes.
Druzhba pipeline oil deliveries suspended temporarily due to drone strike, Hungarian FM says
Oil deliveries to Hungary via the Druzhba pipeline have had to be suspended temporarily on March 11 due to a Ukrainian drone strike on one of the pipeline’s measuring stations.
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