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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Ineos pushes Forties closure back to 2021
Saudi fund buys into European oil
Oil prices give up early gains as analysts say new OPEC+ production cuts not big enough
Höegh LNG takes steps to mitigate against market conditions
Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.
PGNiG starts small-scale LNG operations in Lithuania
Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.
Total agrees to charter LNG-fuelled VLCCs
France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).
Norway open to playing role in global cuts
MOL withdraws 2020 EBITDA guidance
Wintershall hits oil off Norway
Valeura stays the course at Turkish deep gas play
Aker BP makes gas find off Norway
Energean to exclude Algerian assets from Edison E&P acquisition
UK-listed Energean Oil & Gas has agreed to exclude Algerian assets from the deal that will see it take control of a subsidiary of Italy’s Edison.
Norway proposes smaller offering in next APA round
Centrica puts Spirit sale on hold
Trump signals Russia-Saudi truce
Höegh applies for Cypriot LNG import licence
Höegh LNG has applied for an LNG infrastructure ownership, operations and development licence in Cyprus, under which it would supply a floating storage and regasification unit to the country.
Russia, Saudi Arabia agree to slash oil production, Trump claims
Donald Trump said on April 2 that Russia and Saudi Arabia would be cutting their output, instead of continuing with a supply war that could result in hundreds of oil companies going out of business. The Kremlin denied his claim.
Saudi oil surge and the threat to the energy transition
The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance
UK LNG imports up in 2019
UK imports of LNG more than doubled in 2019, reaching 200 terawatt hours (18.7bn cubic metres), preliminary government data have shown.
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