EurOil - Europe Oil & Gas
Turkey reportedly not keen on Black Sea LNG proposal from Ukraine, citing dangers of explosion in Bosporus
Turkey reportedly looks set to reject a proposal from Kyiv to ship liquefied natural gas (LNG) to Ukraine via Istanbul's Bosporus strait, citing concerns that any explosion related to the project would cause unimaginable damage.
Russian authorities claim another drone strike hits CPC terminal after Shekharis terminal attack
Russian authorities said Ukrainian drones attacked the Caspian Pipeline Consortium (CPC) terminal on the Black Sea coast, damaging key oil export infrastructure.
Price of Russia’s Urals oil hits highest since 2013
Price of Russian Urals blend oil hit the highest in 13 years amid the supply squeeze fallout from the war in Iran
OMV Petrom comes up dry off coast of Bulgaria
A consortium led by OMV Petrom has failed to find significant gas volumes at a Black Sea exploration well offshore Bulgaria.
Trillion seeks sale of offshore Turkish gas project
Canada-listed Trillion Energy is seeking a buyer for its stake in a Black Sea gas project while advancing a new exploration position in Turkey.
Aker BP starts up Symra field off Norway
Norwegian oil and gas producer Aker BP has started oil production from the Symra field in the North Sea nine months ahead of schedule.
Energy shock drives food price pressures in North Macedonia
Policymakers, businesses and households are bracing for potential spillover effects as higher energy costs begin to filter through the economy.
Jackdaw approval in sight in UK
The UK is set to approve Shell’s Jackdaw gas field, unlocking a major North Sea resource while exposing the tension between energy security needs and climate commitments.
Can pipelines make a comeback?
The shock to LNG supply is forcing buyers to confront both physical disruption and rising dependence on the US, which could revive interest in long-stalled pipeline projects.
Bosnian lawmakers set to fast-track gas pipeline amendments despite transparency concerns
Southern Gas Interconnection pipeline faces scrutiny over planned fast-track law changes in Bosnia to enable Trump-linked investor to take over project.
Turkmenistan applies 300-litre limit on diesel in tanks of vehicles leaving country
The amount of diesel in the tank of a vehicle leaving Turkmenistan must not exceed 300 litres under new rules governing fuel exports.
Czech government to cap margins on fuel prices, lower diesel consumption tax
The Czech government is to cap margins on prices of fuel and lower diesel consumption tax, the country’s Prime Minister Andrej Babiš announced.
OPEC+ sets symbolic quota rise as Hormuz closure bites
OPEC+ has agreed a modest increase in oil production quotas from May, a move that is more about signalling future intent than shifting near‑term supply
Bosnian Federation backs Energoinvest role in Southern Gas Interconnection project
Officials in the Bosnian Federation have reaffirmed the central role of Energoinvest in the planned Southern Interconnection gas project, as authorities push to strengthen energy security and diversify supply sources, Energoinvest said.
Explosives found near Serbia gas pipeline ahead of Hungary vote
Powerful explosives were discovered near a key gas pipeline in northern Serbia that supplies Russian gas to Hungary, raising concerns about energy security a week before Hungary’s parliamentary election.
Golden Pass targets mid-April to load first cargo
Feedgas flows to the giant LNG export terminal have soared ahead of first cargo loading.
Germany receives first LNG cargoes from Oman on schedule
Germany’s state-run gas importer Securing Energy for Europe has received its first-ever LNG cargoes from Oman on schedule, with the journey uninterrupted by the conflict in the Middle East.
MOL divests holding in Waberer's, increases stake in Alteo
In a portfolio reshuffling, MOL raises its stake in alternative energy company Alteo close to 40% and divests in haulier Waberer's International in a non-cash share swap transaction,
Romania proposes diesel excise cut and windfall levy on oil producers
Romania’s Ministry of Finance has launched a public consultation on emergency measures to reduce fuel costs, including a cut in diesel excise duty and the introduction of a “solidarity contribution” on oil producers.
Poland's Orlen to buy remaining stake in Grupa Azoty Polyolefins to reach 100% ownership
Orlen has signed a preliminary agreement with chemical firm Grupa Azoty to acquire the latter's stake in Grupa Azoty Polyolefins (GA Polyolefins), increasing its ownership to 100% from 17,3%, Orlen announced on April 1.
Russian gas supplies to Europe via TurkStream grow amid Hormuz crisis
The daily average Russian gas supply to Europe via the TurkStream pipeline expanded by 22% y/y in March to 55mn cubic metres (mcm), calculations have shown.
Turkey reportedly talking to Iran in bid to obtain Hormuz transit permission for 11 ships
Turkey is reportedly in contact with Iran to negotiate permission for 11 Turkish-owned ships to pass through the Strait of Hormuz amid the partial blocking of the chokepoint by Tehran in its conflict with Israel and the US.
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