EurOil Top Story archive

02 May 2019, Week 17, Issue 497

South Korea’s national oil company (NOC) is seeking a financial partner for its North Sea business.

25 April 2019, Week 16, Issue 496

Royal Dutch Shell is in talks to buy BP's stake in the Shearwater field in the UK North Sea.

18 April 2019, Week 15, Issue 495

ConocoPhillips has agreed to sell its portfolio of UK North Sea oilfields to private equity-backed Chrysaor for US$2.675 billion. Production from the fields stood at 72,000...

04 April 2019, Week 13, Issue 493

A Saudi-led JV offered the lowest bid in a tender to build a gas pipeline in Bulgaria that will be a spur of Russia’s TurkStream project. 

28 March 2019, Week 12, Issue 492

The US last week backed the construction of the EastMed pipeline as a suitable option to export gas from the region into Europe.

22 March 2019, Week 11, Issue 491

Wintershall and DEA have secured a 6 billion euro (US$6.8 billion) loan to finance their merger, the companies said at an event in Kassel on March 21 attended by ...

14 March 2019, Week 10, Issue 490

UK oil production jumped 8.9% in 2018 to a seven-year high of 1.09 million bpd. The increase was driven by improved production efficiency and the more than 30 new fields...

07 March 2019, Week 09, Issue 489

North Sea-focused Independent Oil & Gas (IOG) has rejected an unsolicited GBP26.6 million (US$35 million) takeover offer from RockRose Energy.

28 February 2019, Week 08, Issue 488

ExxonMobil has discovered up to 227 bcm of natural gas at the Glaucus-1 well in Block 10 offshore Cyprus.

21 February 2019, Week 07, Issue 487

Norway’s output fell by 10% year on year in January, missing the Norwegian Petroleum Directorate’s (NPD) forecast by 0.5%. Crude production fell to 1.46 million bpd, the regulator said on February...

14 February 2019, Week 06, Issue 486

Russia’s planned Nord Stream 2 pipeline has hit another hurdle after the EU hammered out a provisional deal on February 13 on new rules governing gas import pipelines.

07 February 2019, Week 05, Issue 485

ICGB, the JV developing the Interconnector-Greece-Bulgaria (IGB) gas pipeline, has shortlisted five groups to bid for the design and construction of the 182-km project.

31 January 2019, Week 04, Issue 484

Norway’s offshore investors stand to gain from Germany’s plans to phase out coal-fired power generation, with demand for Norwegian gas exports forecast to rise in response.

24 January 2019, Week 03, Issue 483

The UK government has approved plans by Repsol Sinopec Resources UK (RSRUK) for the decommissioning of the Beatrice oilfield in the North Sea. 

18 January 2019, Week 02, Issue 482

Regional energy ministers meeting in Cairo on January 14 agreed to establish the East Mediterranean Gas Forum. The purpose of the body is to expedite the development of hydrocarbon resources in...