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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Contract for jetty construction awarded for second Wilhelmshaven LNG terminal
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
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.
South Africa's tax body demands $15mn from oil titan BP for a "disappeared" diesel consignment
Houthi rebels vow not to target Russian ships despite two accidental attacks on tankers
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.
Poland’s anti-corruption police search Orlen offices
CEZ and CVC to compete for Czech gas network GasNet
The majority state-owned Czech energy utility CEZ and private equity group CVC Capital Partners are to place competing bids for the Czech gas distribution network.
Disagreements over payments reportedly holding up potential restart of northern Iraq-Turkey oil pipeline
US State Secretary Blinken urges Bosnian Croat leader to stop blocking gas link.
Planned natural gas pipeline to Croatia would end Bosnia's dependence on Russian gas.
Escalating tensions: a delicate balancing act
In the wake of a chilling attack by Hamas on Israel in October, the political climate in the Middle East has shifted from cautious optimism to a precarious tinderbox.
Kazakhstan exports 993,000 tonnes of oil to Germany in 2023
Bulgaria replaces Russian crude oil with imports from Kazakhstan, Iraq and Tunisia
Country's sole refinery Lukoil Neftochim Burgas has not imported any oil from Russia in January, as Bulgaria ends dependence on Russian hydrocarbons.
Spot LNG prices fall amid high storage levels
Spot LNG prices have tumbled amid high gas inventory levels in Europe and Asia, which have weakened demand for cargoes of the super-chilled fuel.
Hungary's MOL calls pricing policy of Janaf unfair
Hungary’s gas consumption falls by more than 10% in 2023
Czechia registered lowest annual gas consumption since 1994
OMV Petrom steps towards green future with renewables and electromobility deals
Southeast Europe’s biggest energy company buys into wind and solar power company and EV charging network.
Hungary's MOL announces gas production start at Kazakh field
Global shipping's chokepoints
With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be seriously affected, reports Statista.
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