Region: Europe Category: Oil and Gas Frequency: Every Thursday
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About: EurOil analyses key trends such as the influx of private equity into the North Sea and how it is shaping the basin's future. The monitor also provides key insight on major trends such as decommissioning and the development of frontier regions like West of Shetland. Midstream developments also take prominence, with deep analysis of the region's gas needs and how they will be met in the future.
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France’s Technip Energies to study feasibility of Kazakhstan’s fourth oil refinery
France’s Technip Energies is set to conduct a technical and economic feasibility study for Kazakhstan’s planned fourth oil refinery.
Poland's top energy companies pledge joint effort to rebuild Ukraine's infrastructure
Poland's four biggest energy companies signed a letter of intent on June 25 to cooperate on the reconstruction of Ukraine, as the country's prime minister thanked Poland for its support during the war with Russia.
Gazprom Neft says talks on sale of Serbia's NIS are ongoing
Gazprom Neft said on June 25 that negotiations over the sale of its stake in Serbia's oil company NIS are continuing, offering a rare public indication that talks remain active despite months of uncertainty surrounding the transaction.
France intercepts suspected Russian shadow fleet oil tanker
France has intercepted a tanker linked to Russia’s so-called shadow fleet off the coast of Sicily, President Emmanuel Macron said on June 25, after the UK carried out a similar operation against another vessel earlier this month.
Oman, Turkey TPOC sign offshore concession agreement for Musandam Block 80
Oman signed a new offshore concession agreement with a consortium comprising OQ Exploration and Production (OQEP) and Turkish Petroleum Overseas Company Limited (TPOC) for Block 80, located offshore Musandam Governorate in north Oman.
Russia in talks to import Kazakh gasoline as Ukraine’s drone attacks hammer refineries
Russian petrol output reported as down by 25% as of late June.
Italy’s MAIRE signs agreement to explore sustainable aviation fuel platform in Kazakhstan
Italian engineering group MAIRE (BIT: MAIRE) has signed a memorandum with Kazakhstan’s sovereign wealth fund Samruk-Kazyna and the Italo-Kazakh Trade Association (ACIK) to cooperate on the development of a SAFplatform.
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.
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