EurOil - Europe Oil & Gas
Albania, US firms sign $6bn LNG deal to boost Balkan energy security
Albania signed a 20-year agreement with AKTOR Group’s US subsidiary to import liquefied natural gas.
Europe buys the most Russian LNG in history, just as first bans on imports come into effect
Despite threatening to end Russian LNG imports completely next year, prompting the Kremlin to threaten to cut off gas exports to Europe before then, the EU just imported the most LNG in history as it slides into an expanding gas crisis.
Slovakia files lawsuit against EU’s ban on Russian fossil fuel imports
Slovakia has filed a lawsuit against the EU’s termination of imports of Russian gas and oil by autumn of 2027, Slovak press agency TASR reported.
Kazakhstan to reroute 260,000 tonnes of oil exports originally meant for Germany via Druzhba
Kazakhstan will reportedly redirect oil shipments originally destined for Germany via the Druzhba pipeline to alternative routes to "global markets" through Russian territory.
UAE withdraws from OPEC following years of frustration
The UAE will officially leave the OPEC alliance in May, driven by mounting frustrations over production quotas that constrained its expanded capacity.
Brazil diesel shipments diverted mid-voyage
At least two vessels carrying Russian diesel to Brazil have reversed direction in the Atlantic and are now sailing towards the Suez Canal, indicating sellers may be seeking higher-priced spot sales elsewhere.
Bosnia, Croatia sign gas pipeline deal despite civil society backlash
Southern Interconnection intended to boost energy security and reduce reliance on Russian gas, but civil society groups warn it risks locking the region into fossil fuel dependence.
Romania receives US clearance to restart Lukoil refinery operations
Romania has obtained authorisation from the US Treasury’s Office of Foreign Assets Control (OFAC) allowing the restart of operations at the Petrotel refinery owned by Russia’s Lukoil.
Kazakh hydrocarbon discovery reported at Kashagan’s Fatima formation
North Caspian Operating Company (NCOC) has identified promising hydrocarbon reserves at the Fatima suprasalt formation at Kazakhstan’s giant Kashagan oil field.
Kazakhstan to build 12 vessels to expand Caspian shipping capacity
Kazakhstan plans to build 12 new vessels by 2029 as part of efforts to strengthen its civil maritime fleet and expand its role in international shipping on the Caspian Sea.
Czechia wants to import 2bcm of gas from Azerbaijan a year, Czech industry minister says
Czechia wants to import 2 billion cubic meters of gas from Azerbaijan a year, Czech Minister of Industry and Trade Karel Havlíček (Ano) stated during his visit to Azerbaijan.
NGOs urge Western Balkans to avoid ‘gas lock-in’
47 civil society organisations call on Western Balkan governments to abandon plans for new gas infrastructure, warning the region risks becoming locked into costly fossil fuel dependence.
Czech government is in talks with Slovakia over fuel supplies from Slovnaft refinery
The Czech government is in talks with its Slovak counterpart over shipments of fuel from the Hungarian MOL-owned Slovnaft refinery in Slovakia.
MOL-NIS deal may become ‘collateral damage’ of Hungarian elections, Serbian analyst says
The election victory by Peter Magyar has thrown MOL's bid for a controlling stake in Serbia's NIS into uncertainty, as Russia declared Hungary a "hostile state", Sebian analysts says.
Fico says 119,000 tons of oil is expected to arrive via Russian Druzhba to Slovakia in April
An expected 13,500 tons of oil is to arrive via the renewed Russian Druzhba oil flow to Slovakia on April 23. Altogether, the Druzhba pipeline is expected to import 119,000 tons of oil by the end of the month, according to PM Fico.
Ukraine restarts Druzhba oil transit, first shipments en route to Hungary and Slovakia
Hungary and Slovakia previously claimed Ukraine was using the suspension of crude oil deliveries on the Druzhba pipeline as leverage to pressure them into backing a €90bn loan package.
Slovak Minister of Economy expects renewed Druzhba oil imports in coming hours
Slovak Minister of Economy Denisa Saková (Hlas) expects renewed oil imports via the Russian Druzhba pipeline in the morning hours of April 23.
Czech Minister of Industry and Trade says country has reserves of jet fuel until autumn
Russia may halt Kazakh oil flows to Germany via Druzhba pipeline
Russia may stop oil exports from Kazakhstan to Germany via the Druzhba pipeline starting from May 1, it was reported on April 21, with three industry sources cited.
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