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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Read a recent issue [click the image below]
Turkey raises estimate of its ‘giant gas discovery’ but sceptics aren’t buying story on evidence so far
Analyst points out that as Turkish national oil co has gone it alone in exploration, there's “no witness” to back up claims reserves are a “game-changer”. Notes gas find is “a feel-good domestic story to sell in troubled times”.
Unplanned outages plague LNG plants
A handful of liquefaction terminals around the world are dealing with unplanned outages.
UK Oil & Gas announces agreements with Aladdin Middle East for 50% interest in Turkish Resan Licence
QP books 25 years of capacity at UK Grain LNG
US ambassador hails substantial completion of TAP gas project
Chrysaor snaps up fellow UK player Premier Oil
Norwegian offshore strike ends
Galp takes refinery offline amid unstable fuel demand
France to phase out oil, gas export guarantees
TAP gas pipeline still set for 2020 launch: BP
Poland, Russia heading for long-running legal dispute over Nord Stream 2
Poland and Russia look set for a lengthy and arduous legal dispute, after Polish antimonopoly watchdog UOKiK last week slapped Kremlin-run gas supplier Gazprom with a $7.6bn fine for going ahead with the Nord Stream 2 pipeline without its consent
NRG: Countervailing forces
Oil prices and energy demand are under pressure on both sides from storms, COVID-19 outbreaks and climate concerns.
European gas prices recover to level at end-2019
France tells Turkey ‘refrain from new provocations’ after Ankara sends vessel back to disputed waters
Turkish refiner Tupras revises 2020 forecasts downward
Zero Carbon Humber applies for phase-two funding
Danish government urges resolution to licensing limbo
European Parliament backs tougher 2030 target for emissions
Part of Poland-Lithuania pipeline GIPL undergoes tests
Equinor reports field setbacks
OMV Petrom records declining results across the board, with power segment the exception
Lithuania’s KN January-September revenue down 24% to €58.5mn
Azerbaijan accuses Armenia of attempted cluster rocket attack on oil and gas pipelines
Yerevan calls Baku’s claim “outright lies”. Markets nervous successful strike could wreck plan to export Azerbaijani oil to European Union from November.
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