EurOil - Europe Oil & Gas
Summer maintenance to knock out Norwegian gas supply
Planned maintenance on Norway’s gas export infrastructure is set to curb flows to the UK and continental Europe this summer.
TotalEnergies, Repsol, complete their UK North Sea tie-up
France’s TotalEnergies and Spain’s Repsol have completed the merger of their UK North Sea upstream portfolios, creating a new joint venture, NEO NEXT+.
OMV Petrom reports second unsuccessful exploration well in Bulgaria’s Han Asparuh block
OMV Petrom has failed to identify commercially significant gas volumes at the Krum-1 exploration well in Bulgaria’s offshore Han Asparuh block.
BP's new CEO and the company's reset
Meg O’Neill’s UK debut as BP CEO alongside Prime Minister Keir Starmer comes as the company resets strategy amid a global energy shock, rising prices, and mounting investor pressure.
Trillion seeks sale of Black Sea gas project
Canada’s Trillion Energy said it is seeking a buyer for its stake in a natural gas project offshore Türkiye, even as it moves ahead with a new exploration investment in the country
Czech and Slovak cabinets renew joint sessions, discuss energy crisis
The Czech and Slovak cabinets renewed joint sessions on March 31, two years after the previous Czech centre-right cabinet of Petr Fiala suspended the joint sessions over diverging foreign policy views between including support of Ukraine.
EC sends letter to Slovakia condemning double pricing of diesel
The European Commission sent a letter to Slovakia condemning Bratislava for double pricing of diesel fuels at Slovak gas stations, which charge higher prices to cars with foreign license plates.
Lithuania mulls windfall tax on Orlen Lietuva amid spiking fuel prices
http://newsbase.com/
US extends deadline for Lukoil asset sale talks to May 1
The United States has extended by one month the deadline for companies to negotiate the purchase of Russian oil major Lukoil’s (LKOH.MM) foreign assets, marking the fourth such extension since sanctions were imposed last year.
Slovenia’s Petrol posts €174.2mn net profit in 2025, misses targets amid regulatory pressures
Bosnia, Croatia aim to sign gas link deal by end-April, Čović says
Bosnia & Herzegovina and Croatia could sign an agreement on a new gas interconnection by the end of April, a senior Bosnian Croat leader said.
Fico says Slovakia is interested in deliveries of Romanian gas
Slovak populist Prime Minister Robert Fico said his country is interested in commercial deliveries of Romanian gas.
Romania to cut diesel excise and introduce windfall levy on oil producers
Romania’s government plans to reduce excise duties on diesel and introduce a windfall tax on oil producers as part of measures to ease pressure on fuel consumers.
Serbia secures three-month extension of Russian gas deal
Serbia has secured a three-month extension of its gas supply agreement with Russia on favourable terms, President Aleksandar Vucic said on March 30 after a call with Russian President Vladimir Putin.
European gas stocks continue to dwindle despite warm weather
European gas inventories continue to deplete despite warmer weather, as countries and companies seek to cushion themselves from soaring prices on the spot market.
Kremlin says Russia will not target CPC with sanctions despite tensions
Kremlin spokesman Dmitry Peskov said that Russia is not seeking to undermine US business interests in the Caspian Pipeline Consortium (CPC), amid media reports speculating that Moscow could restrict oil flows through the system with sanctions.
Hungary’s MOL JV makes new gas discovery in Pakistan
A joint venture led by MOL Pakistan made a major oil discovery in Pakistan's District Kohat, which is expectedc to boost MOL’s production by 400 boepd.
African LNG projects emerging as critical solution to Europe’s energy needs
Amid current global geopolitical shocks with escalating tensions in the Middle East, European buyers are seeking alternative gas supplies, which could bring much-needed energy security to Europe.
Slovak refiner Slovnaft looks for new oil delivery routes as Iran war continues
Slovak Hungarian MOL owned oil refiner Slovnaft is looking for new alternate oil delivery routes as the war in Iran shows little sign of ending soon.
Kazakh oil export headache worsens as Ukraine targets drone attacks at Russian Baltic ports
Already facing difficulties with Black Sea shipments, Kazakhstan now has a problem with northern route.
Czech PM Babiš calls on fuel distributors to lower diesel prices
Czech Prime Minister and billionaire leader of the populist Ano party Andrej Babiš called on major fuel distributors to lower diesel prices and on the country’s anti-trust office (ÚOHS) to intervene against excessive pricing.
Romania introduces soft measures to curb fuel price surge under crisis regime
The Romanian government, on March 26, adopted an emergency ordinance declaring a state of crisis in the fuel market, introducing a set of relatively soft regulatory measures aimed at limiting price increases while preserving market functioning.
Turkish-owned tanker hit by drone in Black Sea attack
The Altura, a Turkish-owned crude oil tanker, was struck by a drone 15 nautical miles (28 kilometres) off Istanbul’s Bosporus strait while carrying crude oil picked up in Russa, NTV reported on March 26.
Dutch gas reserves slump to lowest level since 2018
The Netherlands’ gas in storage has dropped to its lowest level in eight years, as Europe continues withdrawing stockpiles despite warmer weather.
Russia reportedly considers potential sanctions on CPC pipeline
Russia’s oil and gas sector is said to have discussed the possibility of imposing sanctions on the Caspian Pipeline Consortium (CPC).
EC calls Slovak double pricing of diesel fuel discriminatory
The European Commission criticized the double pricing of diesel fuel in Slovakia as discriminatory and as contradicting the EU legislation.
Follow us online