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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OPEC+ unlikely to alter its course
Hungary 'to continue to oppose EU sanctions on Russian oil'
Zoltan Kovacs, Hungary’s State Secretary for International Communications, says Budapest remains opposed to proposals to ban the import of Russian crude oil and natural gas into the EU.
Bank reportedly bars Litasco from trading oil derivatives
Geneva-based Litasco, the trading arm of Russia’s largest privately owned crude producer Lukoil, has reportedly lost much of its access to global oil derivatives markets.
Aliyev: TAP pipeline to reach full capacity in 2022, could double later
Ilham Aliyev, the president of Azerbaijan, said on Friday, April 29 that the Trans Adriatic Pipeline (TAP) was on track to reach full capacity this year and would deliver 10bn cubic metres of natural gas to Italy.
OMV ready to pay for Russian gas in rubles
OMV Petrom tripled its profit in Q1
Czech petrochemical company Orlen Unipetrol posts more than 70% growth in revenues in 1Q22
Lithuanian and Spanish foreign ministers call for ‘immediate’ EU embargo on Russian oil and gas
Slovak government refuses to comment on speculation it will pay for Russian gas in rubles
Slovak Economy Minister Richard Sulik said the answer to this question would be made public "in due course".
OMV Petrom shareholders get record dividends this year
MOL chairman warns of risks of quitting Russian crude overnight and calls for phased end of fuel price cap
Hungary's dependence on Russian energy will make ending those ties very painful
Viktor Orban opposes energy sanctions on Moscow because Hungary is so dependent on Russian supplies, but it is his regime that has deepened those energy links.
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