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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Albania starts talks on new biogas law

11 May 2023

The Albanian government has opened the consultation process on a law to promote the production and use of renewable energy sources for the transport sector through the use of biofuels for internal combustion engines.

Cerulean to build $25bn subsea grid in North Sea for offshore wind, oil and gas rigs

10 May 2023

Cerulean Winds will build a $25bn subsea grid for offshore wind for oil and gas rigs in the central North Sea.

Italy's Eni faces country's first climate suit

10 May 2023

Italian oil company Eni is facing the first climate lawsuit in Italy, brought by environmental groups Greenpeace Italy and ReCommon. The plaintiffs allege that Eni engaged in lobbying and greenwashing to promote fossil fuels.

PKN Orlen faces millions in losses as a result of Russian oil ban

10 May 2023

Poland's state-controlled oil company PKN Orlen is facing significant financial losses as it grapples with finding alternative supplies for its Czech refinery due to the ban on Russian crude oil.

Lukoil closes sale of Sicilian refinery

9 May 2023

Lukoil has closed the sale of its ISAB oil refinery on the Italian island of Sicily to G.O.I. Energy, the company reported on May 4. The completion of the deal, reached in January, comes after it received approval from Italian authorities last month.

Bulgaria’s Radev remarks on country’s gas hub status at Delphi Forum

4 May 2023

Bulgarian President Rumen Radev clearly expressed his pride in the distance that his country has come as a gas transiting hub in a short time in the comments he made at the Delphi Economic Forum in Greece last week.

Neptune brings online new North Sea field

4 May 2023

Neptune Energy has kicked off production at the Fenja oil and gas field off the coast of Norway, Fenja, operated jointly by Neptune and partners Var Enerji, Sval Enerji and DNO, is designed to produce 35,000 boepd at peak.

First floating wind farm planned in Arctic, to be linked to oil platform

3 May 2023

Plans for the first floating wind farm in the Arctic have been unveiled. The project would be in Norwegian waters and linked to an oil exploration platform.

Russian vessels reportedly spotted in run-up to Nord Stream pipeline explosions

3 May 2023

Russian vessels capable of performing underwater operations were near the site of explosions that ruptured the Nord Stream pipelines in late September last year.

UK High Court allows Greenpeace challenge to licensing to proceed to full hearing

27 April 2023

The UK High Court ruled on April 25 that a challenge by environmentalist group Greenpeace against the government’s launch of a new licensing round in the North Sea can proceed to a full hearing.

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