EurOil - Europe Oil & Gas
Equinor drills dry well in Norwegian Sea
Wildcat well 6507/8-D-4 CH was drilled in production licence 124, about 240 km west of Sandnessjøen, beneath the Heidrun field.
Serbia extends gas supply deal with Russia by three months
Serbia has extended its gas supply arrangement with Russia for three months, with a further extension until the end of the year expected soon, the head of state gas company Srbijagas confirmed on June 24.
Exxon's Antwerp refinery to close on June 29 because strike amid tight fuel supply
Workers at the Belgian refinery are opposing a plan to cut 35 jobs from a workforce of 735.
Var Energi strikes several deals to retune its Norwegian oil and gas position
Norway’s Vår Energi has agreed a series of deals on the Norwegian Continental Shelf aimed at increasing exposure to core production hubs, expanding interests in development projects and freeing up capital from mature assets.
Junior explorer Wellesley strike oil off Norway
Norwegian junior Wellesley Petroleum and its partners have confirmed a gas and condensate discovery in the North Sea following the drilling of an appraisal well offshore Norway.
TotalEnergies unveils global methane emissions detection platform
The French energy major said the platform is designed to help reduce methane emissions by alerting operators to anomalies, identifying their root causes and recommending corrective action.
UK's Europa Oil & Gas extends deadline to wrap up farm-out deal in Equatorial New Guinea
London-listed Europa Oil & Gas said on June 22 it had extended the deadline to complete a farm-out agreement covering its offshore Equatorial Guinea licence to July 31,
The debate over EU methane regulation and energy security
The EU’s methane regulation has split analysts, with Rystad saying it will not harm supply and Wood Mackenzie warning it could make large volumes of imports non-compliant.
Poland unveils plans of third LNG terminal, with Orlen and PGE among future users
The Energy Ministry announced on June 23 the plan to set up Poland's third LNG terminal, bringing the country's combined regasification capacity to over 20bn cubic metres. It will be used by four entities, including Orlen and PGE.
Iraq to avoid Hormuz by exporting oil from southern fields via Turkey
Iraq is said to be pushing a plan that would see oil exports from its southern oilfields avoid the Strait of Hormuz transit chokepoint by using pipelines and trucks running north through Turkey.
After poultry raid failure, Turkey moves against fuel and LPG industry, seizes six companies
27 businessmen detained in coordinated raids spanning nine provinces.
Equinor and partners agree on development plan for Norway's Ringvei Vest oil and gas project
Norway’s Equinor and its partners have selected the development concept for Ringvei Vest, one of the largest early-stage oil and gas projects on the Norwegian Continental Shelf.
Bulgaria records EU’s sharpest fuel price rise in May
Fuel prices rose in all EU member states, with the steepest increases recorded in Bulgaria, Luxembourg, Lithuania and Romania.
Malaysia’s Petronas strikes deals with Turkmenistan’s Turkmennebit to expand Caspian Sea presence
Malaysia’s Petronas Carigali on June 19 struck agreements with Turkmenistan’s state concern Turkmennebit and state enterprise Hazarnebit that will expand its Caspian Sea presence.
Venture Global agrees to LNG deal with Germany’s EnBW
US LNG producer Venture Global has inked a binding agreement for the sale of LNG for five years to Germany’s EnBW.
Refiner Tupras still ranks as Turkey’s largest industrial company
Refiner Tupras (IST: TUPRS) remained Turkey’s biggest industrial company in 2025, according to a ranking published by Istanbul Chamber of Industry (ISO).
Croatia's Janaf gets US license to transport oil to Serbia's NIS until July 1
Croatia's oil pipeline operator Jadranski naftovod (Janaf) said on June 17 it had received a licence from OFAC allowing it to transport crude oil to the Oil Industry of Serbia (NIS) until July 1.
US extends NIS licence to July 1, gives MOL more time for takeover talks
The US has extended a licence allowing Serbia’s sanctioned oil firm NIS to continue operations and granted Hungary’s MOL more time to negotiate the purchase of the majority Russian stake.
UK's Grain LNG terminal seeks interest in 2029 regas capacity
Grain LNG has invited market participants to register interest in regasification capacity that is expected to become available from 2029, while also seeking feedback on a proposed capacity-sharing arrangement.
End of Russian energy imports to EU not expected to threaten gas deliveries to Slovakia
The phase-out of Russian energy imports to the EU set to be implemented by September 2027 won't threaten gas deliveries to Slovakia, according to the gas industry experts speaking at the Central European Gas conference held in Bratislava
MOL signs production sharing agreement for offshore Libya exploration block
MOL to diversify upstream portfolio with new produciton sharing agreement signed with Repsol and TPAO in Libya.
MOL faces higher tax burden under Hungary's proposed oil windfall tax overhaul
Hungarian government would extend and tighen tax windfall tax on the Brent-Ural spread, expected to generate an addtional €43 revenue for the budget.
Turkey says ‘No’ to Baghdad proposal for extension of Kirkuk-Ceyhan oil pipeline agreement
Current conditions proposed by Baghdad for an extension of the current Iraq-to-Turkey (Kirkuk-Ceyhan) oil pipeline agreement are not satisfactory, a senior Ankara official said on June 16, as reported by Reuters.
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