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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How big is Russia's "ghost fleet" of oil tankers?
How many ships are in Russia’s “ghost fleet” of tankers? No one has a clear idea: estimates run from 100 to 600 tankers depending on what you include in the fleet.
Orlen Lithuania ups Q4 revenues by 28%, profit soars 56%
Eni to expand upstream spending by third
Russia halts oil supply to Poland
Greece, Bulgaria revive crude pipeline known as ‘Bosphorus Bypass’
Engie enjoys windfall 2022 profits on back of high gas, power prices
Hungary to ease regulation to scale up domestic gas production
European gas prices slump to 18-month low
The front-month contract at Europe’s premier TTF gas hub dipped below €50 per MWh ($567 per 1,000 cubic metres) on February 21 for the first time this year, amid easing fears of shortages, warm weather, ample LNG and lower industrial demand.
Gas prices fall further on record 64% full European gas tanks
Gas reserves in Europe's underground storage facilities (UGS) have dropped to 69bn cubic metres and are 63.7% full as of February 22, Gas Infrastructure Europe (GIE) reports.
Fossil fuel consumption subsidies in 2022 were at record high of $1 trillion
According to the International Energy Agency, worldwide subsidies for fossil fuel consumption increased dramatically in 2022, surpassing $1 trillion for the first time.
North Macedonia’s ESM calls tender for gas supply in March
BSOG asks Romania to amend solidarity contribution
Italy to end Russian gas imports this year, claims government
Croatia to connect natural gas network, LNG terminal to Bosnia
BP predicts faster decline in oil and gas demand
Albanian police seize ship suspected of sanctions busting
OPEC+ to stick with current deal to end of 2023
Slovak gas pipeline utility spared windfall tax
OMV Petrom reportedly late in filing filed required documents on Neptun Deep perimeter
Albania seizes tanker suspected of sanctions-busting Russian oil delivery, as Russian shipborne exports soar
The Grace Felix oil tanker, flying the Liberian flag, was seized by authorities on February 20, suspected of breaking sanctions by smuggling oil out of the country, as Russia’s shipborne oil exports soared.
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