EurOil - Europe Oil & Gas
Iraqi Kurdistan to Turkey oil pipeline yet to restart as producers demand debt repayment guarantees
Pipeline oil exports from Iraq’s Kurdistan region to Turkey’s Mediterranean port of Ceyhan, halted since March 2023, were yet to restart on September 24 as two significant producers requested debt repayment guarantees, according to Reuters.
Turkey announces US-origin LNG deals that could secure 76 bcm over 20 years
Turkey’s state-controlled energy trade and infrastructure company Botas on September 24 announced two deals that could secure the supply of around 75.8bn cubic metres (bcm) of US-origin liquefied natural gas (LNG) over a period of 20 years.
Japan, Netherlands deep hydrogen ties
Industry associations from the Netherlands and Japan have signed a memorandum of understanding to deepen cooperation on hydrogen, seeking to share technology and align policy frameworks as both nations step up their clean-energy ambitions.
Austria's OMV fires senior exec for Russian espionage
Austrian energy and chemicals group OMV has fired a long-serving executive over suspicions of espionage for Russia, and Vienna has summoned a Russian diplomat in connection with the case.
Aramco's bid to buy Repsol's renewables business collapses
Talks for Saudi Aramco to acquire a minority stake in Repsol’s renewables business have collapsed, ending months of negotiations over a potential €1bn investment.
BP halts work on Rotterdam biofuels plant
This marks the latest in a series of setbacks for oil majors seeking to expand in low-carbon fuels amid sluggish demand.
Eni gets greenlight to convert part of Sannazzaro de’ Burgondi refinery into bio-plant
Italy's Eni has secured approval from Italy’s energy and environment ministry to convert parts of its 160,000 barrel-per-day Sannazzaro de’ Burgondi oil refinery in Pavia into a biorefinery.
Equinor commissions new Hammerfest LNG feedgas field
Equinor has launched production from the offshore Askeladd Vest gas field in the Barents Sea, aiming to secure long-term supplies for its Melkoya LNG plant, otherwise known as Hammerfest LNG.
Word leaks of $43bn US-Turkey LNG deal ahead of Trump-Erdogan meeting at White House
Agreement would cover imports through 2045.
Hungary gives cautious response to Trump’s call to end Russian oil imports
Landlocked Slovakia and Hungary received temporary exemptions from the 2022 sanctions, and are the only countries still importing Russian crude via pipeline, after the Czech Republic rerouted supplies via the TAL pipeline this spring.
Serbia to sign new gas supply deal with Russia in October
Serbia, which imported about 3bn cubic metres of Russian gas in 2024, remains among the most energy-dependent countries in Europe.
Chevron eyes acquiring European regasification terminals
US supermajor Chevron has opened discussions to purchase regasification terminals in Europe.
World's leading producers continue output plans above Paris deal compatibility
Many of the world’s major fossil fuel producers plan oil, gas and coal extraction far beyond levels compatible with the Paris Agreement.
UK-Irish firm plans Irish Sea gas storage project
UK-Irish firm dCarbonX, majority-owned by Italian gas infrastructure developer Snam, plans to convert the decommissioned Bains gas field, about 27-30 km off the northwest English coast in Morecambe Bay, into a large-scale storage facility.
EU eyes full ban on deals with Russia's Rosneft and Gazprom Neft
The EU plans to impose a full ban on transactions with Russian state oil majors Rosneft and Gazprom Neft as part of its planned 19th package of sanctions.
EU weighs trade measures on Russian crude, while von der Leyen reportedly offers €550m to unlock frozen EU funds to sway Hungary
Gazprom transfers stake in NIS amid sanctions pressure
Russia’s Gazprom has exited ownership of Serbia’s oil company NIS, transferring its 11.3% stake to a little-known St. Petersburg-based joint-stock firm called Intelligence.
Serbia’s NIS seeks new US sanctions delay as Vucic warns reprieve unlikely
The US has already delayed the enforcement of sanctions six times.
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