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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Russian LNG liberalisation set to benefit Rosneft
Russian state-owned oil firm Rosneft looks set to be the main beneficiary of a proposed government law that will liberalise rights to use the country’s gas to export gas, with 36 of the company’s fields permitted to be used for LNG development.
LNG volumes at sea rise on annual basis
The amount of LNG stored at sea rose this month on an annual basis, Reuters reported on April 21, attributing the growth to low spot demand in Japan, China and South Korea.
German parliament passes law on fast sale of Rosneft stake in refinery
Germany’s parliament last week cleared changes to the country’s energy security act that will enable a fast sale of Rosneft’s stake in the Schwedt oil refinery without the plant first needing nationalisation.
‘Relegated’ Gazprom looks set for football sponsorship deal with Istanbul’s Besiktas
Ex-semi-pro football player and Turkish president Recep Tayyip Erdogan may hope agreement will help with Turkey’s plans to score as a gas hub.
Bulgartransgaz sets out €1.46bn investment plan
Bulgarian gas transmission and storage system operator to invest €600mn in capacity expansion, €860mn in hydrogen pipeline.
EurOil: Krk LNG to boost import capacity
Croatia's Rijeka refinery to restart production amid gas export restriction concerns
The Rijeka refinery in Croatia will restart production at the end of this month or early in May, as stated by Economy Minister Davor Filipovic.
Slovakia deepens energy cooperation with Italy
How Russian oil is sidestepping sanctions
Bulgaria's Balkan Gas Hub becomes member of Europex
N-Sea to connect offshore wind farm to Dutch natural gas platform
N-Sea is to connect a German offshore wind project to a Dutch natural gas platform, the company has announced.
US Supreme Court says Turkey’s Halkbank not immune from Iran sanctions-busting prosecution
Lower court ordered, however, to take another look at whether government-owned lender can get the indictment dropped under common law.
Krk LNG to boost import capacity
LNG Croatia terminal expands gas capacity in Norway deal
LNG Croatia has signed a deal with Norwegian firm Wartsila Gas Solutions for the delivery of an additional regasification module, LNG Croatia revealed on April 14. The module will boast a capacity of 250,000 cubic metres per hour.
EurOil: EU ban on Russian LNG could backfire
Turkey eyes gas exports to Europe on back of Black Sea field's development
Turkey is hopeful that the Black Sea Sakarya field could support gas exports to Europe, as Ankara touts the country’s potential to be a regional gas hub.
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