EurOil - Europe Oil & Gas

Oil & Gas

Region: Europe Category: Oil and Gas Frequency: Every Thursday


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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ING: Europe faces stiff competition for natural gas

2 December 2022

The collapse in European natural gas prices in recent months has created a false sense of security. While the current winter appears to be more manageable, the region will find it more difficult to build adequate storage for the 2023/24 winter.

The EU dependence on Russian energy charted

2 December 2022

While the US already banned imports of Russian energy in March and April shortly after the country's invasion of Ukraine, the EU as one of Russia’s crucial trading partners is taking longer to ween itself off Russian gas, oil and coal.

Ukraine wants to increase energy co-operation with Poland

30 November 2022

Ukraine wants to develop cross-border energy infrastructure with Poland to further increase energy independence from Russia, Ukraine Business News reported on November 30.

Oil price cap deal still proves elusive for EU

29 November 2022

EU negotiators ended talks on capping Russian oil prices on November 25 without coming to a hoped-for agreement, as Poland and the Baltic States opposed a proposal that they felt would have left Moscow with too much revenue from its crude exports.

Gazprom unveils its biggest investment programme in eight years as it begins to reorientate to the east

24 November 2022

Gazprom announced its biggest investment programme since 2014 of $35bn as the company prepares to embark on major capital-intensive work that may include new pipelines to Europe and China and suggests is may be expecting higher earnings from Europe.

EU releases symbolic gas and preliminary oil cap price numbers

23 November 2022

The European Commission released preliminary prices for the gas and oil price caps at a level that is more of a symbolic gesture than the stringent sanctions that will crush the Kremlin's budget that many were hoping for.

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