EurOil - Europe Oil & Gas

Category
Oil & Gas

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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Bulgaria ready for more Azeri gas, Radev tells Aliyev

15 March 2023

EU member Bulgaria is ready to receive more natural gas from Azerbaijan through the Southern Gas Corridor (SGC) and the Interconnector-Greece-Bulgaria (IGB) pipeline, Bulgarian President Rumen Radev told Ilham Aliyev, the President of Azerbaijan.

UK to prioritise fast gas developments in latest licensing round

14 March 2023

The regulator overseeing UK oil and gas licensing has said it will prioritise the issue of licences for gas projects that can be brought quickly into production, in an effort to ease the country’s energy crisis.

European gas prices spike on March 9 amid cold weather, French strike action and nuclear concerns

14 March 2023

European gas prices spiked on March 9, as a result of colder weather in northern Europe and expectations of further disruptions to LNG imports and nuclear outages.

Harbour sees 2022 profits "wiped out" by UK windfall tax

14 March 2023

UK North Sea player Harbour Energy has said the UK’s windfall tax “wiped out” its profits last year, but it still paid out $1bn in shareholder dividends.

Shell considers Greenpeace challenge a "low risk" to Jackdaw project

14 March 2023

Shell has expressed confidence that a legal challenge by environmental NGO Greenpeace is unlikely to cause disruptions to its plan to develop the Jackdaw gas field in the North Sea.

Report of yacht use in sabotage of Nord Stream pipelines adds new layer to mystery

13 March 2023

A team of divers using a 15-metre chartered yacht called the Andromeda sabotaged the Nord Stream 1 and 2 pipelines, a new report published by Germany’s Der Spiegel news site claims.

French LNG terminals shut down by strike action

13 March 2023

France’s four LNG terminals went offline early last week as a result of industrial action. They are not likely to resume operations until March 14. Their shutdown triggered a spike in European gas prices, which for weeks have seen steady decline.

Gazprom Export head Burmistrova steps down

13 March 2023

Russia’s state-owned gas supplier Gazprom announced on March 10 that Elena Burmistrova was stepping down as head of its export arm and would go on to serve as vice president of Gazprombank.

Brussels calls for no new supply deals for Russian LNG

13 March 2023

The European Commission has urged EU countries and companies not to enter into new supply contracts for Russian LNG, in order to further reduce the bloc’s use of the latter’s LNG.

Millions of barrels of Russian diesel idling in tankers around the world as buyers sought

12 March 2023

According to oil analytical company Kpler, ships have been idling off the coasts of Europe, Africa and Latin America in what is the largest build-up in floating storage of diesel fuel from Russia since 2016.

Conversion work begins in Singapore for Alexandroupolis FSRU

7 March 2023

Greece’s GasLog has delivered a vessel to the Keppel shipyard in Singapore for its conversion into a floating storage and regasification unit (FSRU). Later the vessel will be installed off Greece's northern coast near the port of Alexandroupolis.

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