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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Serbian president says new gas deal agreed with Russia
President Aleksandar Vucic says he agreed gas supplies on terms “very favourable for Serbia” in call with Russian President Vladimir Putin.
Turkey said to breach Greece’s navtex rights by reserving Aegean waters for research vessel survey
Iran seizes Greek tankers after grabbing of Iranian ship and reports of Israeli ‘suicide drone’ strike on military facility
Tensions between Iran and adversaries are on the rise amid the stalling of efforts to reinstate the 2015 nuclear deal.
South Korean firms line up LNG supply deals
Two South Korean companies signed sale and purchase agreements (SPAs) this week to buy LNG from international sellers – France's TotalEnergies and the US' Cheniere Energy.
Regas rates at Grain LNG reach record levels as European demand soars
The Grain LNG terminal in the UK posted record gas send-out levels in April, as high demand for gas from Europe pushed utilisation rates up, with LNG tankers arriving from eight new countries since January.
Swiss maker of oil industry pumps Sulzer exits Russia
Sulzer, a Swiss engineering group that specialises in fluid engineering technologies, announced on May 24 that it was exiting Russia “with immediate effect.”
Is Venezuela Europe’s answer for the loss of Russian oil?
The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.
EurOil: Schroeder steps down from Rosneft board
Hungarian PM proposes sanctions package should not be discussed at next European Council meeting
Poland terminates Yamal pipeline agreement ahead of schedule
Poland’s Climate and Environment Minister Anna Moskwa announced on May 23 that her country was terminating its inter-governmental agreement (IGA) with Russia on natural gas deliveries via the Yamal-Europe pipeline.
EC President Von der Leyen tells Davos countries of future 'don't need oil and gas'
European Commission President Ursula Von der Leyen told delegates at the annual World Economic Forum in Davos that Ukraine belongs in the “European family".
Russia halts gas deliveries to Finland
Gazprom, Russia’s state-run natural gas giant, said on Saturday, May 21 that it had stopped all deliveries to Finland as of 6:00 a.m. local time.
Bulgarian PM says Putin tried to split EU and bring down his government with targeted gas cut-offs
Kiril Petkov believes Moscow deliberately targeted Bulgaria, where top officials were divided between Russia hawks and Kremlin sympathisers, with the aim of destabilising the government.
US seen easing sanctions on Venezuela to meet Europe’s need for additional oil supplies
The US government is reportedly gearing up to ease sanctions on Venezuela’s national oil company PdVSA in order to facilitate deliveries to Europe.
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