EurOil - Europe Oil & Gas
Indian state refiners cut Russian crude imports by over 45% amid rising freight costs and US pressure
India’s state-owned oil refiners have reduced Russian crude oil purchases by more than 45% between June and September, redirecting volumes to Iraq as freight costs rise and diplomatic pressure from the United States intensifies
Russia lifts September oil output but stays just under OPEC+ cap
Russia’s crude oil production increased to 9.321mn barrels per day (bpd) in September, up by 148,000 bpd from August
Amid drone strikes in Russia, Kyrgyzstan’s gasoline reserves reportedly down to one month of market coverage
Kyrgyzstan’s current gasoline reserves are only sufficient to cover market demand for one month, The Times of Central Asia (TCA) said on October 13, citing participants in a recent meeting convened by the Antimonopoly Regulation Service.
Serbia’s Vucic reassures public after US sanctions hit Gazprom-owned NIS
Serbia's President Aleksandar Vucic sought to reassure citizens that the country faces no imminent energy crisis after US sanctions took effect against NIS, the Gazprom-controlled company that supplies most of Serbia's fuel.
Serbia disappointed as Gazprom offers only short gas deal extension
Gazprom has offered Serbia an extension to its natural gas supply contract instead of the long-term deal Belgrade had expected, as Moscow seeks to preserve leverage following the imposition of US sanctions on Serbia's oil sector.
Russia’s seaborne fuel exports fall 17% after refinery drone strikes
Russia’s seaborne oil product exports declined 17% month-on-month in September to 7.58mn tonnes after a series of drone attacks disrupted operations at several major refineries, tightening domestic supply and shifting export flows
Canadian investor makes pitch to take over troubled UK refinery
Under Amram’s proposal, the UK government would retain ownership of the refinery to maintain control over a strategic national asset.
China’s exports to Russia fall 21% in September
China’s yuan-denominated exports to Russia dropped 21% year on year in September to CNY63.11bn ($8.85bn), marking a sixth consecutive monthly decline and the steepest fall since February
Gazprom CEO defends role of gas in energy transition
Miller highlighted the rapid expansion of data centres as a key factor boosting demand for gas-fired power generation, describing it as “reliable and predictable.”
Czech state to loan 200 tons of oil to Orlen Unipetrol refiner
It is the second time this year the Czech state has loaned oil to the country's key refiner.
Germany reports record quarter for LNG imports
German LNG terminals imported a record high of LNG in the third quarter of 2025.
Eni and YPF sign deal, move closer to FID on Argentina LNG project
Italian energy giant Eni and Argentina’s state-run firm YPF inked a preliminary agreement to take a positive final investment decision on the Argentina LNG project.
Venture Global loses arbitration case to BP
Defeat comes two months after Venture Global was victorious in a similar case against Shell.
Follow us online