EurOil - Europe Oil & Gas
LNG prices in Europe skyrocket to highest level since 2023
Europe is grappling with sky-high LNG prices not seen since January 2023 as the continent braces for winter with storage levels dipping.
US LNG feedgas demand hits highest level since April
Demand for natural gas to be used as feedstock at US LNG terminals reached its highest level on August 27 since April.
Slovenia Petrol Group’s H1 net profit falls to €57.4mn
QatarEnergy extends force majeure on LNG deliveries to Italy’s Edison
Gulf LNG producer QatarEnergy has prolonged its force majeure status on deliveries of LNG cargoes to Edison until November.
Denmark’s Fayard shipyard receives third Russian LNG tanker
Danish shipyard is last to continue servicing Russian LNG vessels after France’s Damen Shiprepair Brest halted maintenance work in August 2025.
Serbian businessman reiterates interest in buying sanctioned oil firm NIS
Ranko Mimović has reiterated his interest in buying a majority stake in Russian-owned Oil Industry of Serbia (NIS) and said he has discussed crude oil supplies to its Pančevo refinery with Croatian pipeline operator JANAF.
Serbia's NIS gets US licence extension as MOL-Gazprom deal nears final stage
The US Treasury has extended NIS's operating licence until September 30, allowing the Russian-owned company to continue operating its refinery and importing crude, as talks over the sale of its Russian stake entered their final stage.
King Harald V of Norway dies at 89, son succeeds as King Haakon VIII
King Harald V of Norway, Europe's oldest reigning monarch, has died at 89 after a 35-year reign, the palace says. He is succeeded by his son, King Haakon VIII, with Princess Ingrid Alexandra now heir to the throne.
Serbia expects NIS ownership deal to be resolved in September
Serbian President Aleksandar Vucic is optimistic that the ownership issue surrounding oil company NIS could be resolved in September, as the company's US operating licence is due to expire on August 28.
Kazakhstan’s major refineries hold back on Russian petrol exports
Kazakhstan’s major oil refineries have reportedly not used quotas allocated to them for petrol exports to Russia, as domestic supply constraints, payment difficulties and the risk of Western sanctions discourage shipments.
Poland’s Orlen starts gas production at Idun Nord field
Poland's biggest power group Orlen announced on August 26 that it had started gas production from the Idun Nord field in the Norwegian Sea, with two additional fields set to come on stream in the coming weeks.
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