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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Ukraine denies Fico’s claims it could prolong Russian gas transit

29 January 2024

“The stance of the Ukrainian side is straightforward: the transit contract will expire at the end of this year,” says Ukrainian government.

Italy's PM Meloni unveils "Mattei Plan" for African development ahead of Italy-Africa summit

26 January 2024

Italian Prime Minister Giorgia Meloni unveiled her long-anticipated development strategy for Africa over the weekend, floating a "non-predatory" approach aimed at fostering cooperation.

Croatian Janaf and Kazakh KazMunayGas sign MoU on cooperation

26 January 2024

Croatian crude oil transportation company Janaf has entered into a memorandum of understanding with Kazakhstan's KazMunayGas, focusing on potential collaboration in oil transportation and storage of oil and oil derivatives.

Aker-BP, Equinor find only non-profitable oil volumes at new Munin well

24 January 2024

Norwegian producer Aker BP and Equinor have struck oil with a first exploration well at a production licence next to the Munin field in the North Sea, but the find is considered non-profitable.

Denmark's largest gas field on track for relaunch this March

24 January 2024

Denmark’s largest gas field is on track to relaunch production in March after lengthy and extension renovation.

UK licensing bill passes second reading in lower house

24 January 2024

The UK government’s bill on introducing North Sea oil and gas licensing rounds on an annual rather than ad hoc basis passed its second reading at the House of Commons on January 22.

Qatari LNG deliveries to Europe delayed by Red Sea conflict

24 January 2024

Qatar’s LNG deliveries to customers in Europe will be delayed as the Gulf country reschedules shipments and routes amid the crisis in the Red Sea.

Azerbaijan's oil is in decline, but gas is growing

24 January 2024

Azerbaijan has established itself as one of the key players in the European energy sector, particularly in the context of oil and gas production and export.

Exploring Germany's long-term gas deal with Norway

24 January 2024

Germany last month committed to a 10-year natural gas supply agreement with Norway, providing it with a source of stable and affordable energy to replace lost Russian deliveries.

Latvian government urges businesses to phase out Russian LPG imports

24 January 2024

The Latvian government called on local companies to end Russian liquid petroleum gas imports as soon as possible and to adapt in time to the expected sanctions, Prime Minister Evika Silina (New Unity) said on January 22.

QatarEnergy pauses sending LNG vessels via the Red Sea amid Houthi attacks

19 January 2024

QatarEnergy will pause sending LNG tankers through the Red Sea amid growing security concerns as Yemen’s Iran-back Houthi militia ramp up attacks in the busy shipping lane in support of the Palestinian Islamist group Hamas’ war with Israel.

Ukraine pitches gas storage use to German energy firms

19 January 2024

Ukrainian national gas company Naftogaz intends to reach new agreements with foreign traders on boosting the use of the country’s vast underground natural gas storage facilities.

Shell takes FID on UK's Victory gas field

19 January 2024

Shell has reached a final investment decision on the development of the Victory gas field in the UK North Sea, some 47-km northwest of the Shetland Island – a project set to come on stream in the middle of the decade.

Contract for jetty construction awarded for second Wilhelmshaven LNG terminal

19 January 2024

FSRU Wilhelmshaven, a joint venture between Engie and Tree Energy Solution, has issued a contract to Dutch firm Van Oord for construction of a floating storage and regasification unit jetty at Wilhelmshaven in Germany.

Norway hails success of offshore licensing round, but NGOs manage to block key projects

19 January 2024

Norway’s petroleum ministry hailed the success of its latest offshore oil and gas licensing round this year, awarding 62 licences to 24 energy companies in a latest push to continue momentum behind exploration and development.

Houthi rebels vow not to target Russian ships despite two accidental attacks on tankers

19 January 2024

Houthi rebels have vowed not to target Russian ships passing through the Red Sea, potentially shielding both countries from some of the fallout on international trade caused by the crisis.

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