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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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.
More European majors take the knife to capex
Siccar stalls Cambo FID in North Sea
Largest Turkish refiner Tupras ‘has cut runs at Izmir refinery by 50% due to pandemic impact on fuel demand’
Sverdrup to produce more and sooner
Oil prices take another tumble
Spirit boosts output with new North Sea wells
Greece closes first phase of tender for gas sales arm
North Sea entering unprecedented phase
Norway cancels maintenance in COVID-19 response
Ineos delays Forties repairs amid COVID-19 concerns
European gas prices slump amid COVID-19 lockdowns
US considers wading into Saudi-Russia supply war
Total, Shell, Equinor gear up for market onslaught
Nigeria seen cutting Bonny Light, Qua Iboe prices by at least $3 per barrel
Nigeria will reportedly join Saudi Arabia in selling its oil at a significant discount to Brent, one of the world’s main benchmark crudes.
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