EurOil - Europe Oil & Gas
US extends waiver for Serbian oil firm NIS until Oct 15
The United States has extended a licence allowing Croatia’s oil pipeline operator Janaf to keep delivering crude to Serbia’s Russian-controlled oil company NIS until October 15.
Tracking the downfall of European refining
Turkey to overhaul gas import strategy
Turkey is accelerating efforts to overhaul its gas supply mix, aiming by 2028 to meet more than half of its natural gas needs via domestic output & LNG imports, threatening market share held by Russia and Iran under long-term pipeline contracts.
France boards suspected shadow fleet tanker
It marks an escalation in Europe's efforts to clamp down on oil shipments that evade Western sanctions.
Indian refiners reportedly resume yuan payments for Russian oil
Indian state-run refiners have resumed settling payments for Russian oil in Chinese yuan
Russia’s China pipeline push unlikely to boost gas exports before mid-2030s
Russia’s planned Power of Siberia 2 gas pipeline to China is unlikely to increase gas exports for at least a decade, with key terms still unsettled and a lengthy construction timeline ahead
Hungary's MOL, Croatia's JANAF to discuss extending oil transport agreement after public exchange
Croatian state-owned pipeline operator JANAF and Hungary's oil giant MOL will meet on October 8 to discuss extending their oil transport cooperation beyond the current contract's expiry on December 31, Reuters has reported, citing JANAF.
US sanctions on NIS set to take effect after repeated delays
US sanctions on NIS are due to take effect on October 8 after months of delays and failed negotiations between Belgrade, Moscow and Washington.
Oil tanker known to deliver crude to Israel reportedly set to depart Turkish port
An oil tanker known to often deliver crude oil to Israel is poised to depart the Turkish Mediterranean port of Ceyhan for an "unknown destination", Middle East Eye reported on October 6.
Hungary revisits prospect of importing Turkmen gas but obstacles are many
Hungary is revisiting the prospect of importing natural gas from Turkmenistan but the lack of infrastructure to make that plausible remains a big obstacle.
Serbia’s oil firm NIS maintains operations as US sanctions loom
Serbia’s oil company NIS, majority-owned by Russia’s Gazprom group, said it has prepared contingency plans to cope with possible US sanctions, while assuring staff that salaries and refinery operations remain secure.
EU prepares for winter of heavy US LNG reliance
The EU is preparing for a winter of heavier dependence on US LNG as pipeline flows from Russia and Algeria weaken and storage levels remain under pressure.
Austria's OMV announces steep capex cut through to 2030
It will also reduce the proportion of spending on sustainable projects, in a signal of renewed emphasis on its more traditional energy businesses.
Polish court extends arrest of Ukrainian accused of blowing up Nord Stream pipelines
A Warsaw district court has extended the detention of a Ukrainian national suspected of involvement in the 2022 explosions that damaged the Nord Stream 1 and 2 gas pipelines.
Russian LNG exports to EU down 7% in 9M
Russia faces one of worst fuel crises in decades
Twenty-one of the country’s 38 large refineries have been attacked since January.
Prominent Russian propagandist accuses Kazakhstan of Orsk refinery strike
A prominent Russian TV propagandist accused Kazakhstan of involvement in a drone strike on a Russian oil refinery and called for a punitive operation against the Kazakh capital, EuroMaidanPress reported on October 3, citing his Telegram posts.
NIS seeks new US sanctions delay as Russia floats compromise plan
Serbia’s oil company NIS has filed a fresh request with Washington to postpone US sanctions, as Moscow put forward a plan aimed at averting restrictions set to take effect this week.
Bulgaria clears sale of Gazprom-branded fuel stations to Avia chain
Bulgaria’s antitrust regulator has approved the sale of Gazprom-branded petrol stations in the country to Uni Energy, the operator of the Avia chain, clearing the way for the rebranding of the outlets as Avia.
Turkey’s energy minister says purchasing Russian oil a commercial decision for private company refineries
Turkey’s energy minister Alparslan Bayraktar on October 2 said that purchasing Russian oil is a commercial decision made by private company refiners.
Kazakhstan ships 180,000 tonnes of oil to Germany via Druzhba pipeline in September
Kaztransoil, the operator of the Russian section of the Druzhba pipeline, said on October 2 that Kazakhstan exported 180,000 tonnes of oil to Germany through the route in September, Reuters has reported.
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