EurOil - Europe Oil & Gas
Hungary’s MOL nears deal to acquire majority stake in Serbia’s NIS
Hungarian oil and gas group MOL is expected to sign a key agreement in the coming days in talks to acquire a majority stake in Serbia’s Russian-owned oil company NIS.
Norway to set out long-term vision for oil and gas
Prime Minister Jonas Gahr Støre said the oil and gas sector remained central to the Norwegian economy and should continue to be developed rather than wound down.
Shell, ExxonMobil scrap plans to buy Viaro Energy's UK North Sea assets
Shell and ExxonMobil have abandoned a planned sale of their natural gas assets in the UK’s southern North Sea to privately owned producer Viaro Energy.
Kazakhstan appeals to US, Europe to stop drone attacks on its Black Sea oil shipping
Officials feel country unfairly bearing brunt of a battlefront in the Russo-Ukrainian War.
Bahrain and TotalEnergies establish joint oil trading enterprise
TotalEnergies and Bapco Energies have launched BxT Trading, a collaborative venture split equally between the French energy giant and the Bahraini state firm.
Bosnian Federation backs faster rollout of gas link to Croatia
Three oil tankers reportedly hit near Black Sea port handling 80% of Kazakh crude exports, Kazakhstan's oil output plunges
Lithuanian grid operators plan €2.8bn electricity, gas and hydrogen expansion
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Chinese company poised to expand production at massive Turkmen gas field
Ashgabat has export options.
Thessaloniki-Skopje pipeline resumes diesel deliveries
Serbia expects binding terms on NIS sale to reach US sanctions office within days
Serbia's president expects binding term sheets for the sale of the Russian-owned majority stake in oil company NIS to be submitted to the US Treasury’s Office within 48 hours, as Belgrade races to secure the future of the country's only oil refinery.
Equinor selects Aibel for maintenance of Hammerfest LNG plant
A $2bn contract for maintenance and modifications is intended to reduce the facility’s offline time.
Gazprom warns of record European gas withdrawals
Russia’s Gazprom said Europe has again set records for daily gas withdrawals from underground storage facilities.
Turkey’s natural gas consumption climbs to record 60-61 bcm in 2025
Households burnt through more than an annual 20 bcm for the first time.
Serbia to receive new shipments of crude oil as NIS resumes operations
Serbia is set to receive around 85,000 tonnes of crude oil this week through the Adriatic Pipeline (JANAF) after a temporary US licence allowed the Russian-owned Oil Industry of Serbia (NIS) to restart operations.
Serbia’s NIS to resume crude oil deliveries to Pančevo refinery under US licence
Serbia’s Russian-controlled oil company, the Oil Industry of Serbia (NIS), has contracted the first deliveries of crude oil via the Adriatic Pipeline (JANAF) to restart production at its Pančevo refinery.
Kazakhstan’s two major oilfields see output reductions of up to 200,000 barrels a day after Black Sea terminal disruptions
Disruptions at a major Black Sea export terminal reportedly resulted in output reductions of up to 200,000 barrels a day at two of Kazakhstan’s largest oilfields in December.
Russia-bound oil tanker sailing Black Sea calls for Turkish coastal guard assistance after suspected drone hit
A Russia-bound empty crude oil tanker sailing the Black Sea on January 8 reportedly called for assistance from the Turkish Coastal Guard after a suspected drone attack.
Western Balkans need to cut Russian energy ties and speed up EU power market integration, Bruegel says
Energy policy has become one of the most strategically important battlegrounds in the EU’s neighbourhood since Russia’s full-scale invasion of Ukraine in 2022.
Serbia considers raising NIS stake as MOL conducts due diligence
Serbia is considering increasing its stake in oil refiner NIS by at least five percentage points, while Hungary’s MOL has begun reviewing the company’s operations as part of talks over the possible purchase of the Russian-owned majority stake.
Harbour to enter US Gulf with LLOG acquisition
Harbour Energy has agreed to acquire LLOG Exploration from LLOG Holdings for $3.2bn, giving it a presence in the US Gulf of Mexico.
IntelliNews Lambda: Europe’s gas storage unusually full at 85% despite cold snap, forecast path largely unchanged
Europe's underground gas storage facilities remain unusually full for this point in the heating season, with inventories at 85.1% on January 7, according to aggregated data from GIE.
Chevron, Quantum line up bid for Lukoil assets, including Bulgaria refinery
US oil major Chevron and private equity firm Quantum Capital Group are preparing a bid for the international assets of sanctioned Russian oil producer Lukoil, a deal that would include the Burgas refinery in Bulgaria.
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