EurOil Top Story archive

13 December 2018, Week 49, Issue 479

The US House of Representatives has passed a resolution expressing the country’s official opposition to the Russian-led Nord Stream 2 gas pipeline in the Baltic Sea.

06 December 2018, Week 48, Issue 478

Around 500 million euros (US$567 million) will be invested over the next seven to eight years in exploring Greece’s western offshore zone, a leading energy official said this week.

29 November 2018, Week 47, Issue 477

BP has announced first oil from the Clair Ridge project in the West of Shetland (WoS) section of the UK North Sea.

22 November 2018, Week 46, Issue 476

Ineos has emerged as the company that last week made a bid for ConocoPhillips’ North Sea portfolio.

16 November 2018, Week 45, Issue 475

Oil and gas operators in the North Sea are driving suppliers too hard, pushing for unsustainably low prices despite the rebound in oil prices, according to the CEO of oilfield services consultancy...

08 November 2018, Week 44, Issue 474

Norwegian Energy Company (Noreco) has acquired Royal Dutch Shell’s upstream assets in Denmark in a transaction valued at US$1.9 billion.

01 Novemeber 2018, Week 43, Issue 473

Romania’s Transgaz is preventing foreign investors from supplying gas to the country’s grid and instead advising them to flare gas at a time of declining domestic production and rising prices, the...

25 October 2018, Week 42, Issue 472

Romania’s lower house of parliament has approved a long-awaited legal framework for offshore oil and gas exploration that will determine whether OMV Petrom and ExxonMobil pursue multi-billion euro...

11 October 2018, Week 40, Issue 470

Norway anticipates the price it commands for gas exports will decrease by 25% between now and 2021 as global LNG supplies outpace European demand.

04 October 2018, Week 39, Issue 469

German chemicals giant BASF and Russia’s LetterOne have struck a deal to merge their oil and gas businesses and then list the newly formed company.

27 September 2018, Week 38, Issue 468

Chevron announced on September 26 it had received an approach for its 40% stake in the West of Shetland (WoS) Rosebank development.

21 September 2018, Week 37, Issue 467

Cyprus and Egypt signed the Pipeline Intergovernmental Agreement at the Presidential Palace in Nicosia on September 19. 

13 September 2018, Week 36, Issue 466

ExxonMobil is considering spending more than GBP500 million (US$650 million) on an upgrade of its Fawley refinery in the UK, marking what would be the US energy giant’s biggest investment in the...

06 September 2018, Week 35, Issue 465

Centrica-backed Spirit Energy will farm in to Hurricane Energy’s Greater Warwick Area (GWA) project in the North Sea, agreeing to invest nearly US$400 million in return for a 50% stake.

30 August 2018, Week 34, Issue 464

Norway’s Equinor anticipates getting more for less from its flagship Johan Sverdrup oilfield in the North Sea.