EurOil - Europe Oil & Gas | Newsbase

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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OMV Offshore Bulgaria sells 50% of Han Asparuh to Israel’s NewMed Energy

9 December 2024

OMV Petrom’s operating company in Bulgaria has sold 50% of the offshore Han Asparuh block to Israel’s NewMed Energy. The deal should do much to incentivise the project.

EXPLAINER: US sanctions on Gazprombank and what they mean for Russian gas in Europe

9 December 2024

The sanctions have created some uncertainty and difficulties, but are unlikely to cause disruptions to gas flows, especially now that Russia has eased its own restrictions for payments.

OPEC+ extends delay to easing restrictions

8 December 2024

OPEC+ has further delayed its plan to ease oil production quotas

Serbia to expand gas purchases from Russia

7 December 2024

Serbia is negotiating a new agreement with Russian energy giant Gazprom to increase natural gas imports. The talks come ahead of the expiry of Serbia’s current three-year supply contract in March 2025.

Ukraine to halt Russian gas transit from January 1, 2025, shifting to imports via Slovakia and Poland

7 December 2024

Ukraine will stop the transit of Russian natural gas through its territory starting January 1, 2025, marking a significant shift in the region’s energy dynamics.

Druzhba oil flow to Czechia is resumed

6 December 2024

The oil flow through the pipeline stopped on Wednesday, leaving the country dependent on its reserves and the oil flow from the west.

Slovak Minister of Economy Saková is in Russia for talks with Gazprom

5 December 2024

Slovakia’s Minister of Economy Denisa Saková of the centre-left Hlas ruling party has flown to Russia for talks with Kremlin-linked gas giant Gazprom.

Poland’s Gdansk FSRU moves ahead with pipeline construction work

5 December 2024

Poland’s transmission system operator Gaz-System has revealed that it has signed deals with construction contractors for all onshore gas pipelines required for the country’s first floating storage and regasification unit.

Hungary asks for exemption from US sanctions for Russia's Gazprombank

5 December 2024

Foreign minister says the sanctions could cause serious difficulties for Hungary, Slovakia, Turkey and Serbia, which use the bank to pay for Russian oil supplies.

Czechia to open oil reserves after Russia halts Druzhba pipeline flows

5 December 2024

Russian move seen as reaction to Czech statement that it won't ask for the prolonging of its exemption from the EU ban on imports of petroleum products made from Russian oil.

US urges Bosnia to move southern gas interconnector project forward

5 December 2024

The US urged Bosnia & Herzegovina to move forward plans for construction of southern gas interconnector that would secure the country energy independence, N1 news outlet reported on December 4.

How to fast-track EU clean hydrogen progress

4 December 2024

The pace of progress is nowhere near sufficient to meet the EU's ambitions.

TotalEnergies eyes $2.1bn takeover of German renewables developer

4 December 2024

TotalEnergies is closing in on the purchase of German renewable energy developer VSB Group for approximately €2bn from private equity firm Partners Group Holding.

Hartshead presses on with UK gas project after government clarifies fiscal regime

4 December 2024

Australia-based Hartshead Resources NL is advancing its Anning and Somerville gas fields development in the UK after the new Labour government in London provided clarity on revisions to the oil and gas fiscal regime.

Harbour brings on stream UK's Talbot field

4 December 2024

Harbour Energy has commenced production at its Talbot development, a three-well subsea tieback situated approximately 16 km southeast of the Judy platform in the UK North Sea.

VTTI, Snam complete takeover of Adriatic LNG

4 December 2024

Energy infrastructure firms VTTI and Snam have completed their acquisition of Italy’s largest LNG regasification terminal – the 9.6 bcm per year Adriatic LNG facility.

Moody's Ratings withdraws rating of MOL

4 December 2024

Moody's Ratings withdrew MOL's long-term investment-grade 'Baa3' rating on December 3, citing "own business reasons."

Serbia’s NIS launches €50mn bond issuance

3 December 2024

The Oil Industry of Serbia (NIS) has officially launched the subscription period for its corporate bonds, which will remain open until December 13.

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