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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UK's IOG hands out more contracts
UK approves more North Sea decomm plans
NRG: Some forward momentum, but overall restraint
Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.
Turkey’s energy regulator warns of price ceiling for fuel retailers if they fail to lower prices
Defying US pressure Iran says it will send more fuel to Venezuela if Caracas requests additional shipments
Sonatrach raises stake in Medgaz pipeline to 51%
Algeria’s national oil company (NOC) Sonatrach has become the majority shareholder in Medgaz, the operator of a natural gas pipeline across the bed of the Mediterranean Sea, through its acquisition of a stake in the link from CEPSA (Spain).
Trump Towers Istanbul partner ‘lobbied White House for vast expansion of US-Turkey trade’
News service uses documents deposited by PR firm to reveal Mehmet Ali Yalcindag’s activities. Now head of Turkey-US Business Council, the businessman, once called a “close friend” by Donald Trump, is pushing to build up agriculture and LNG shipments.
For first time Turkey’s LNG imports outstrip pipeline gas imports
Gas delivered via pipelines from Russia and Iran down 72% y/y and 33% y/y in March. US expanding shipments of liquefied natural gas amid glut as spot prices fall.
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