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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Read a recent issue [click the image below]

Harbour gets greenlight to develop Talbot

28 March 2023

Harbour Energy has been given the green light to push ahead with its 18mn-barrel Talbot oilfield development in the UK North Sea, with production slated to start in late 2024.

US replaces Russia as Europe's top oil supplier in December

28 March 2023

The US has replaced Russia as Europe’s main oil supplier, according to data published by Eurostat on March 28, accounting for 18% of EU crude imports.

Moscow may demand compensation for damages to Nord Stream pipes

28 March 2023

Russia might seek compensation for the damage sustained to the Nord Stream 1 and 2 pipelines in September last year as a result of suspected sabotage, a government official has said.

Russia's Gazprom provides more gas storage to Serbia at Banatski Dvor UGS

27 March 2023

Russia's Gazprom has provided Serbia with an additional 100mn cubic metres of storage at the Banatski Dvor underground storage facility, TASS news agency reported this week.

Libya’s NOC to set up new unit to increase gas exports to Europe

27 March 2023

The head of Libya’s state-owned National Oil Corporation (NOC), Farhat Bengdara, has revealed plans to attract more oil investments, boost production and introduce a new gas unit to study the possibility of increasing gas exports to Europe.

Denmark invites Nord Stream 2 operator to salvage object

26 March 2023

Denmark has invited the Russian-owned operator of the Nord Stream 2 gas pipeline to help salvage an unidentified object that was found near the only string that was unaffected by sabotage attacks last September.

Iraq wins arbitration case against Kurdistan oil exports to Turkey

26 March 2023

Baghdad has long tried to stop the pipeline flows. Ankara said to be on the hook for $1.5bn compensation.

Russia proposes hiking domestic gas tariffs to offset lost export revenues

26 March 2023

Russia’s State Duma has proposed revising domestic tariffs for gas use to offset the losses Gazprom has sustained from losing much of its gas market share in Europe.

Romania to amend solidarity contribution definition to cover OMV Petrom

22 March 2023

The government and the lawmakers in Romania are working on amending the solidarity contribution calculation methodology so as to include OMV Petrom among the companies required to pay part of their windfall profit generated last year to the budget.

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