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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Slovakia’s Fico in surprise visit to Putin in Moscow
Slovak Prime Minister Robert Fico made a surprise trip to Moscow on December 22 to hold rare face-to-face talks with Russian President Vladimir Putin, as he seeks to secure gas deliveries ahead of the end of the Ukrainian gas transit deal next week.
Turkey, Syria tandem could mean piped Qatari gas for Europe and a supercharged Middle East clean energy transition
Prize could be huge for Ankara and Damascus if the Syrian fighting is really over.
Kazakh authorities attribute 3% decline in oil production to Western-led Tengiz and Kashagan projects
Panic in Serbia over US sanctions drives down NIS share price
NIS Petrol to sell Gazprom-branded gas stations in Romania to cover debts
NIS Petrol, the Romanian subsidiary of Serbian oil and gas group NIS, plans to sell its network of 19 gas stations operating under the Gazprom brand in Romania to settle outstanding debts.
Gasoline station explosion claims four lives in Fergana, Uzbekistan
Slovakia continues talks with Russian Gazprom over gas supplies
Kazakhstan committed to 190,000-bpd oil output boost next year despite lower levels specified by OPEC+ limitations
EU targets 52 more shadow fleet ships in 15th Russian sanctions package
The EU has finalised its 15th sanctions package against Russia, targeting 52 more ships in the country’s so-called shadow fleet, used to circumvent Western restrictions on Russian crude exports, bringing the total number to 79.
Equinor makes small discovery in Norwegian North Sea
Norwegian oil producer Equinor has made a small oil and gas discovery 17 km west of the Troll field in the North Sea.
Germany promises Czech Rep it will scrap gas levy
Germany has assured the Czech Republic that it will abolish a contentious gas transit fee either this week or in early January.
UK issues first CO2 storage licence
The UK has awarded its first-ever carbon storage permit, marking a historic step towards achieving net zero greenhouse gas emissions.
Slovak, Hungarian, Austrian and Italian groups sign declaration backing continued gas transit through Ukraine
Russia’s contract to transit gas through Ukraine is due to expire at the end of this year, putting 14 bcm per year of gas supply to Europe at risk.
Offshore oil is "the new shale", says Kpler analyst
Offshore oil production “is the new shale,” set to drive future output gains, says Viktor Katona, head of oil analysis at global trade intelligence firm Kpler.
R&D to drive downstream decarbonisation: SOCAR Turkiye
Research and development is playing a key role in driving sustainability in the downstream sector.
Romanian gas key to low-carbon transition, regional energy security, says energy ministry official
Natural gas will serve as a key transition fuel in Romania, helping the country phase out coal over the coming years and develop low-carbon hydrogen, while strengthening the region’s energy security.
ADNOC signs 15-year LNG supply deal with German firm
Abu Dhabi National Oil Company on Saturday, 14 December, said it had signed its third long-term sale and purchase agreement for low-emission LNG from the Ruwais LNG project, this time with Germany's EnBW Energie Baden-Württemberg.
SOCAR holds financing talks with Italy's Intesa Sanpaolo bank
A delegation led by Zaur Gurbanov, vice president of Azerbaijan’s state oil company SOCAR, has visited Milan, Italy, for a series of high-level meetings with Italy’s Intesa Sanpaolo bank.
More help needed for Ukraine’s ravaged energy sector
A multi-million-euro fund launched by Ukraine’s European allies to help the war-ravaged energy sector is running low on cash as power providers struggle to keep the lights on this winter.
Slovakia in "very intense" talks to continue Ukrainian gas transit
Slovakia’s government is holding “very intense” negotiations over natural gas supplies in 2025, including on the continued transit of the fuel through Ukraine, despite the looming expiry of the Russia-Ukraine transit deal after December 31.
OMV terminates Russian gas deal after losing supply
OMV has ended its long-term gas supply contract 26 years before its set expiry date.
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