EurOil - Europe Oil & Gas
Turkey in November sharply cut imports of Russia’s flagship Urals crude amid turning of sanctions screw
Serbia’s sole oil refinery shuts down after US sanctions block crude oil supply
NIS, majority-owned by Russia’s Gazprom group, has been unable to secure new crude shipments since the sanctions took effect on October 9.
UK’s Centrica signs 15-year LNG supply deal with Honduras
London-headquartered Centrica Energy has reached an agreement to supply LNG to Exodus for Honduras.
Equinor, Shell wrap up merger of UK North Sea operations
Shell and Norway’s Equinor have completed the merger of significant parts of their UK North Sea oil and gas portfolios into a new standalone company they describe as the basin’s largest independent producer.
UK regulator flags up 13 companies for falling behind in decommissioning of assets
The regulator warns that persistent delays are raising costs for taxpayers and undermining efforts to retire ageing offshore infrastructure responsibly.
Europe grows more favourable to upstream development
As long as LNG imports carry a premium and global markets remain volatile, Europe is unlikely to abandon this pragmatic turn.
Italy's Snam secures EU backing for hydrogen, CCS projects
The European Commission has granted priority status to two major energy-infrastructure projects led by Italian gas grid operator Snam: a cross-border hydrogen pipeline running from North Africa to central Europe, and offshore CO2 storage facilities.
Harbour to axe 100 jobs citing UK windfall tax
The company said the reductions will follow a consultation period due to be completed in the first quarter of 2026.
New sea drone attack on ship sailing near Turkey reported, Ukraine claims Russia may have staged incident
A new sea drone attack on a Russia-linked ship off the Turkish coast was reported on December 2, but Ukraine denied involvement, claiming that Moscow may have staged the entire incident.
Serbia’s NIS refinery to shut down as US licence decision drags on
Serbia’s only oil refinery is close to a full shutdown after the United States failed to grant a new licence allowing crude imports, President Aleksandar Vucic said on December 2.
Argentina's Southern Energy inks LNG deal with Germany's SEFE, Camuzzi to build $3.9bn LNG export project
Argentina's Southern Energy consortium announced that it has secured a framework agreement to supply 2mn tonnes of LNG annually to Germany's SEFE over eight years starting in 2027.
Ukraine criticises Kazakhstan’s response after drone strike damages CPC terminal
Ozon and Wildberries plan to construct three large fulfilment centres in Kazakhstan as part of efforts to strengthen the country’s e-commerce logistics capacity.
Erdogan says Ukraine’s attacks on Russian oil tankers in Black Sea are not acceptable
Turkish President Recep Tayyip Erdogan said on December 1 that attacks on commercial ships in the Black Sea are not acceptable.
Nord Stream 2 operator seeks to annul part of latest EU sanctions package
The Nord Stream 2 AG operating company has asked the EU’s General Court to annul part of the EU’s 18th sanctions package.
Serbia awaits US decision as Pancevo oil refinery faces shutdown
Serbia’s government is awaiting a decision from the US State Department and the Office of Foreign Assets Control on whether it will grant an operating licence for the country’s only oil refinery.
Kazakhstan tells Ukraine to cease "unacceptable" attacks on its main oil export facility on Russian Black Sea coast
Drone strikes are “harming bilateral relations”, warns Astana.
Viktor Orban faces diplomatic backlash over Moscow visit
Hungary's energy supply is and will continue to be based on energy imported from Russia, Prime Minister Viktor Orban said in Moscow.
US urges Bosnia to move forward with Southern Interconnection gas pipeline
The United States urged Bosnia & Herzegovina’s authorities to accelerate preparations for the Southern Interconnection gas pipeline.
US urges Bosnia to move forward with Southern Interconnection gas pipeline
The United States urged Bosnia & Herzegovina’s authorities to accelerate preparations for the Southern Interconnection gas pipeline.
Viktor Orban heads to Moscow to secure energy supplies for Hungary
Orban will meet Russian President Vladimir Putin as he aims to guarantee Hungary’s energy supply for the winter and the coming year at affordable prices.
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