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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Dutch government approves increase in gas storage space
Hellenic profits halve in Q2 on weak fuel demand
Malaysia's DNeX to consolidate control over Ping Petroleum
EU to give dialogue another chance in Turkey row over Mediterranean resources but also draw up list of potential sanctions
International mediation mechanism for Armenia, Azerbaijan conflict “does not seem fit for purpose” says former co-chair
Noting July skirmishes took place far from contested Nagorno Karabakh territory, former US diplomat says clashes “may have unleashed a dangerous new geopolitical dynamic” partly given their proximity to strategic oil and gas pipelines.
Germany urges Turkey and Greece to call off naval exercises to secure talks on contested Mediterranean resources
EU’s top diplomats ‘to discuss toolbox of Turkey options broader than sanctions’
Berlin meeting takes place as France joins Italy, Greece and Cyprus in military exercises in eastern Mediterranean where Ankara is accused of illegal gas and oil exploration.
Scottish deficit grows as oil revenues slump
Shell closes farm-ins at North Sea gas finds
North Sea producers change heads
Turkey “open to talks without preconditions” with Greece over eastern Mediterranean resources
Greenpeace boards Danish oil platform
Norwegian oil output rebounds in July
NRG: Looking to the future
Although rattled by the international oil and gas price collapse, governments and investors continue to press forward – either through new legislation or new projects
Turkey’s gas imports from Russia, Iran decline sharply in H1 as LNG and Azerbaijani gas imports grow
'Daunting challenges lie in way of those minded to revive Trans-Caspian Pipeline project'
Analyst says: “TCP has great political appeal and is destined to remain alive for many years, if only on PowerPoint presentations... it will provide fodder for politicians and bureaucrats (ignorant of or not understanding commercial realities)."
European gas storage volumes reach 90% capacity
BEYOND THE BOSPORUS: Has Erdogan discovered more reserves of hot air?
So far the markets don’t see Turkey’s gas find in the Black Sea as a game-changer and the more cynical perceive Ankara as bigging it up to put a brake on the beleaguered lira. The jury, however, is still out.
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