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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Latvia records EU's biggest gas price rise
Between the first half of 2022 and the first half of 2023, gas prices increased in 20 out of the 24 EU members that report gas prices – with Latvia's figure rising the most of all, according to fresh Eurostat data.
Finland may seek EU funding for Balticconnector repairs
Italy next in line for Qatari LNG
Following the recent deals signed for the supply of Qatari LNG to France and the Netherlands, QatarEnergy and Eni have agreed terms on a contract to ship gas to Italy.
Chinese ship focus on probe into Balticconnector gas pipe leak
Turkmenistan: Homage to Anatolia
Turkey will be key to ensuring Turkmenistan can get its gas riches to customers in Europe. This and more in this week's Eurasianet Akhal-Teke Bulletin.
Croatia’s INA puts its first Egyptian gas well into operation
Romania to hike royalties for oil production, storage and transport by double-digit rates
Hungarian banks lower lending rates further as pressure mounts
North Macedonia will seek compensation from Bulgaria for tax on Russian gas, minister says
Germany’s SEFE continues to transport Russian LNG
A German state-run trader has come under criticism for continuing to transport Russian LNG.
Partner in Midia offshore gas perimeter reportedly seeks to sell its 20% participation
Non-oil sector in Azerbaijan still struggling
War in Gaza won’t change the outcome for East Med Gas Pipeline (EMGP) project
War in Gaza won’t change the outcome for EMGP, which lost too much momentum before the Mideast fell into conflict.
“Don’t sanction Russia’s oil: tax it,” says ex-Naftogaz chief Kobolyev
Sanctions on Russia’s oil exports aren’t working. Russia has found too many partners in the global south that are willing to process or re-export its oil, and Moscow has too many ships in its shadow fleet that can avoid sanctions. So tax it.
EurOil: European gas prices soar to two-month high
Bulgaria, Turkey gas supply deal could be coverup for Russian gas imports, US ex-diplomat says
European Commission already probing deal between Bulgargaz and Turkey’s Botas.
Oil markets on edge amid escalations in Israel-Hamas war
The escalation in the Israel-Hamas conflict is inciting apprehensive speculations about the impact on global oil markets amid the complex web of geopolitics, sanctions and spectre of broader tensions in the region and beyond.
Czech gas storage capacity is 99.9% full
Gas stored in the Czech gas storage facilities reached 3.455bn cubic metres, filling 99.9% of the storage capacity. Czech Minister of Industry and Trade Jozef Sikel stated.
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