EurOil - Europe Oil & Gas

Oil & Gas

Region: Europe Category: Oil and Gas Frequency: Every Thursday


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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Höegh LNG takes steps to mitigate against market conditions

9 April 2020

Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.

PGNiG starts small-scale LNG operations in Lithuania

9 April 2020

Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.

Total agrees to charter LNG-fuelled VLCCs

9 April 2020

France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).

Energean to exclude Algerian assets from Edison E&P acquisition

6 April 2020

UK-listed Energean Oil & Gas has agreed to exclude Algerian assets from the deal that will see it take control of a subsidiary of Italy’s Edison.

Höegh applies for Cypriot LNG import licence

2 April 2020

Höegh LNG has applied for an LNG infrastructure ownership, operations and development licence in Cyprus, under which it would supply a floating storage and regasification unit to the country.

Russia, Saudi Arabia agree to slash oil production, Trump claims

2 April 2020

Donald Trump said on April 2 that Russia and Saudi Arabia would be cutting their output, instead of continuing with a supply war that could result in hundreds of oil companies going out of business. The Kremlin denied his claim.

Saudi oil surge and the threat to the energy transition

2 April 2020

The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance

UK LNG imports up in 2019

2 April 2020

UK imports of LNG more than doubled in 2019, reaching 200 terawatt hours (18.7bn cubic metres), preliminary government data have shown.

Edited by

Newsbase staff


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