EurOil - Europe Oil & Gas

Kazakhstan to boost oil exports via Turkey’s Ceyhan port to 20mn tonnes

Serbia seeks Russian support for Druzhba oil spur

Russian oil pipeline operator Transneft announced on November 21 it had signed a memorandum of co-operation with Serbia’s Transnafta Pancevo.

EurOil: TotalEnergies steps up efforts to tackle methane emissions

Kazakh state-run oil producer announces plans to boost oil supplies to Germany by additional 100,000-150,000 tonnes

Czechia won’t pursue prolonging EU exemption on Russian oil imports ban

But neighbouring Hungary and Slovakia, which have made less effort to diversify their oil supplies, want exemption to be prolonged.

North Macedonia’s Rapid Build submits lowest bid for gas interconnector project

The North Macedonia’s company Rapid Build has offered the lowest bid of €59.9mn for the construction of the natural gas interconnector with Greece, making its offer pivotal in the selection of the contractor

Gazprombank sanctions will cause Europe gas payment problems

The United States has imposed new sanctions on Russia’s Gazprombank that could make it impossible for Russia’s European customers still importing Russian gas to pay for it.

Report says Azerbaijan’s SOCAR in talks on selling Turkish gas distribution business

Serbia, Russia sign memorandum to build joint oil infrastructure

Concerns over potential disruptions due to sanctions have spurred Serbia to seek alternative gas supply routes.

MOL seeks EU money for ending reliance on Russian oil by 2026

North Macedonia expects to sign gas interconnector contracts with Greece by year-end

North Macedonian Prime Minister Hristijan Mickoski has expressed confidence that contracts for the construction of a natural gas interconnector with Greece will be signed by the end of 2024, with on-ground work set to begin in the spring of 2025.

Russian gas imports to Czechia spike in November

Romgaz lists €500mn bond on Bucharest Stock Exchange

Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.

Turkey revives plans to sell minority stakes in energy players TPAO and Botas to national investors

Equinor reports new oil, gas find near Norway's Troll field

Equinor has reported a new oil and gas discovery in the North Sea off the coast of Norway, with estimated reserves of between 13 and 28mn barrels of oil equivalent.

TotalEnergies steps up efforts to tackle methane emissions

TotalEnergies announced on November 14 it would intensify its efforts to monitor and reduce methane emissions, aiming for near-zero emissions across all its operated upstream sites by 2030.

Swiss trading house Trafigura reportedly on hunt for $500mn in Mongolia following mass fuel fraud scheme

Gasum expands biogas operations with new Danish acquisition

Finland’s Gasum has expanded its biogas operations further with the purchase of Danish producer Hærup Biogas.

Cyprus warns against climate policies that impact on competitiveness

Europe has focused too much on reducing its emissions at the expense of economic competitiveness.

Russian gas transit via Ukraine stable despite cut-off in supply to OMV

Russian natural gas transit to Europe through Ukraine as of November 19, despite Gazprom cutting off supply to Austria’s OMV over the weekend.

Putin suggests new Russia-Germany energy deals in call with Scholz

Russian President Vladimir Putin raised the prospect of entering new energy deals with Germany in his first call with German Chancellor Olaf Scholz in two years.

Petrol Ofisi completes acquisition of BP’s petrol stations in Turkey

Poland cuts Russian LPG imports ahead of EU ban

Poland has slashed imports of Russian LPG ahead of an EU embargo coming into force at the end of the year.

Germany refuses shipment of Russian LNG at Brunsbuettel terminal

Germany has rejected a shipment of Russian LNG slated to be received at the country’s northern Brunsbuettel import terminal.

EurOil: Denmark's top gas field now fully operational