EurOil - Europe Oil & Gas

Category
Oil & Gas

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]

EU clinches deal on 15% cut in gas consumption from next month

26 July 2022

EU member states have agreed to back the European Commission’s proposal to implement a 15% cut in gas consumption starting next month, but the agreement includes some concessions to those countries that had voiced opposition to the measure.

Gas flows in Nord Stream 1 at 20% are insufficient to fill gas storage ahead of winter

26 July 2022

Gazprom’s announcement that it was cutting gas flows in the Nord Stream 1 pipeline to 20% of capacity on July 25 means the EU will miss its deadline to fill storage tanks to 80% full by October 1.

Gazprom to cut Nord Stream 1 flows again to only 20% of capacity

25 July 2022

Russian natural gas flow via the Nord Stream pipeline to Europe will be restricted further to only just above 20% of its capacity from the morning of July 27, Gazprom said on its Telegram channel on July 25, prompting a spike in European gas prices.

Lithuania transports oil products to Ukraine via Poland, bypassing Belarus

22 July 2022

The state-run Lithuanian Railways is transporting oil products for Ukraine via Poland, successfully avoiding Belarus, Ukraine Business News reported on July 21.

Hungarian foreign minister in Moscow to secure additional gas deliveries

22 July 2022

Peter Szijjarto visited Moscow with a government mandate to buy an additional 700mcm of gas from Russia in addition to the 4.5bcm under a long-term agreement with Gazprom.

Italy arranges to import more gas from Algeria

21 July 2022

Algeria has now surpassed Russia as the largest supplier of gas to the Italian market, but Europe is still a long way away from replacing Gazprom.

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