EurOil Top Story archive

24 July 2017, Week 28, Issue 409

The permanent closure of Rough should act as the catalyst for the government to create an appropriate regulatory framework for gas storage, writes David Flanagan

21 July 2017, Week 28, Issue 409

UK-based integrated player Centrica will continue the reshaping of northern Europe’s upstream sector by placing its E&P assets into a joint venture (JV) with German-owned Bayerngas Norge.

14 July 2017, Week 27, Issue 408

French construction equipment maker Altrad Investment Authority has agreed to acquire UK oil services company Cape for around GBP332.2 million (US$429 2 million) in a deal that has been...

07 July 2017, Week 26, Issue 407

Norway’s government has won the latest battle in a long-running row over tariffs for transporting gas through offshore pipelines.

30 June 2017, Week 25, Issue 406

AP Moller-Maersk has reportedly invited banks to formulate proposals for the IPO of Maersk Oil under a separate listing from its three other energy businesses.

22 June 2017, Week 24, Issue 405

Centrica has announced plans to shut the Rough gas storage facility in the UK permanently.

01 June 2017, Week 21, Issue 402

Spain and Portugal intend to introduce a common secondary exchange for gas trades in a move that would help improve liquidity for Iberian markets currently dominated by long-term wholesale...

25 May 2017, Week 20, Issue 401

UK-based petrochemicals group Ineos has continued its aggressive expansion into the North Sea this year after agreeing to acquire Dong Energy’s oil and gas business for up to US$1.3 billion.

18 May 2017, Week 19, Issue 400

Neptune Energy, a private equity-backed start-up, is poised to become one of Europe’s biggest independent E&P players by purchasing a 70% stake in Engie’s Exploration & Production...

11 May 2017, Week 18, Issue 399

Hurricane Energy was given a boost this week when an independent report confirmed the company’s own estimate that its Lancaster find holds over 500 million barrels of recoverable oil.

04 May 2017, Week 17, Issue 398

Chevron has accelerated the tendering process for its new FPSO at the Rosebank development West of Shetlands (WoS) ahead of a final investment decision (FID) anticipated in 2019.

27 April 2017, Week 16, Issue 397

Gazprom’s controversial Nord Stream 2 pipeline jumped a major hurdle this week as five European energy companies agreed to provide financing for the project.

13 April 2017, Week 14, Issue 395

Hurricane Energy has trebled its recoverable resource estimate for the basement Lancaster discovery West of Shetland (WoS) following a successful 2016 drilling campaign.

06 April 2017, Week 13, Issue 394

Ineos has agreed to pay up to US$250 million for BP’s Forties Pipeline System (FPS) and associated Kinneil Terminal in the UK North Sea.

30 March 2017, Week 12, Issue 393

ExxonMobil has agreed to sell the majority of its Norwegian exploration and production portfolio to oil company Point Resources, which is backed by private equity firm HitecVision.