Region: Europe Category: Oil and Gas Frequency: Every Thursday
rig-illustration-small.jpg
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.
EurOil is fully digital publication and can be read in PDF or online versions.
Want to try it out?
The majority of our premium content is ONLY available to our Subscribers.
If you would like to try EurOil we can offer you a, no obligation, Free Trial, giving you a chance to get to know the publication and get to grips with the quality content.
To sign up for your FREE TRIAL keep scrolling to the bottom of this page, fill in the form, and one of our team will be in touch with your first issue.
Need more convincing?
We think EurOil is great, but don't just take our word for it, check out our Client Testimonials
Read a recent issue [click the image below]
Polish power firm Orlen posts lower Q3 output y/y, flags PLN1.6bn impairments
Poland's largest energy group Orlen said on October 2 that its Q3 2026 downstream and upstream operations were down y/y, while its crude oil throughput rose compared to Q2. At the same time, it announced new impairment charges and reversals.
International arbitration court rejects $12bn of Kazakhstan’s Kashagan cost claims
An international arbitration court has reportedly dismissed about $12bn of Kazakhstan’s claims over disputed costs at the Kashagan oil field, while allowing a further $8bn in claims to proceed.
Black Sea Petroleum says Georgia refinery running on non-Russian crude, seeks removal from EU sanctions list
Company says feedstock is now Libyan oil.
Poland’s Orlen, Sołowow’s SGE agree phased approach to first SMR, eye detailed deals by year-end
OSGE holds in-principle decisions for 24 units across six sites, while Orlen’s strategy envisages at least two SMR units by 2035 for its plants in Płock and Włocławek.
Polish power firm Orlen’s storage project in Norway receives €223mn of EU funding
Atlas, a joint initiative of Orlen Upstream Norway, Aker BP and Höegh Evi, has been awarded €223mn in EU funds to support the development of a CO2 transport and storage network on the Norwegian Continental Shelf.
Fitch affirms Romanian Romgaz at BBB-/negative
Fitch Ratings has affirmed Romanian natural gas producer Romgaz’s (BVB: SNG) long-term issuer default rating at BBB-, with a negative outlook reflecting the outlook on Romania’s sovereign rating.
Tensions escalate as Hamburg tribunal set dates for UK-Argentina Falklands oil dispute
Tensions are rising in Argentina's attempt to stop development of the Sea Lion oilfield off the Falkland Islands.
European gas tops €90 for first time since 2022, then slides
European gas prices broke through €90 a megawatt-hour for the first time in almost four years on October 20, before traders took profits and pushed them sharply lower.
Poland's LOT suspends four routes as jet fuel costs soar
Poland's flag carrier LOT is suspending four European routes over the winter, blaming jet fuel prices that have pushed fuel to as much as 40% of airline costs.
Analyst warns of pressure on Russian oil exports and predicts global oil surplus by 2028
Russia faces mounting energy risks from Ukrainian attacks, dependence on Chinese influence and the prospect of a global oil surplus, while Ukraine prepares for a difficult winter, says analyst.
Turkish firm Karpowership's converted LNG vessel prepares to enter FSRU service
Turkish energy company Karpowership's converted LNG carrier, Karadeniz LNGT Powership Türkiye, is preparing to enter service as a floating storage and regasification unit under the technical management of Singapore-based Synergy Marine Group.
Snam secures UN recognition for methane emissions monitoring for sixth consecutive year
Italian gas infrastructure operator Snam has received the United Nations' Gold Standard recognition for methane emissions monitoring and reporting for the sixth consecutive year.
Socar Turkey snags benchmark $1.6bn five-year syndicated loan rollover at SOFR+2.30%
In 2021, company landed terms at Libor/Euribor +3.45%. New deal suggests rollover rate of 123%.
Poland moves closer to second LNG terminal as Gaz-System completes quay foundations
Polish state-owned gas grid operator Gaz-System said on October 16 it had finished driving over 500 piles that form the foundation of the quay for the floating LNG terminal in Gdańsk Bay. This brings Poland closer to mooring its first FSRU.
Rosatom awaits Hungary’s decision on future of Paks II nuclear project
Rosatom was waiting for the Hungarian side to finish its review of the project, CEO says at Russian Energy Week.
US extends Lukoil sanctions waivers for Bulgarian operations to April 2027
The US Treasury Department has extended until April 24, 2027, exemptions allowing Russian oil major Lukoil’s Bulgarian subsidiaries and its fuel stations outside Russia to continue certain operations.
EU adopts proposal to postpone EU Methane Regulations by one year
One year postponement will now require first import obligations from January 1, 2028.
Gas security trumps decarbonisation in Norway
Equinor's decision to prioritise gas production over electrification at Troll highlights growing tensions between Norway's energy security role and its climate ambitions.
France's EDF suspends Edison stake sale as Qatar LNG disruption clouds financial outlook
France's EDF has suspended plans to sell a minority stake in Italian energy company Edison, as prolonged disruption to Qatari LNG supplies makes it increasingly difficult to assess the utility's future earnings and valuation.
Norway’s DNO raises Symra recoverable oil resource estimate by up to 25%
Norway's DNO has increased its estimate of recoverable resources at the Symra oilfield in the North Sea by up to 25%, following positive results from a pilot well drilled as part of the field's development programme.
Poland’s Orlen resumes Saudi crude imports after supply disruptions
Poland's Orlen is expected to receive at least four Saudi crude oil cargoes in October, signalling a recovery in supplies following disruptions caused by drone attacks on Saudi Arabia's East-West Pipeline in September.
Protests disrupt Eni refinery operations and fuel supplies in southern Italy
Protests by workers at Italy's former Ilva steelworks disrupted fuel distribution from Eni's Taranto refinery, causing shortages across southern Italy and restricting aviation fuel supplies at regional airports.
Shell agrees proposed sale of French fuel retail business to DCC Energy
Shell has reached an agreement with Ireland's DCC Energy for the proposed sale of its French fuel retail and transport services business.
US urges Europe to resume Russian gas imports as part of Ukraine peace deal
The US administration has proposed that European countries resume large-scale imports of Russian natural gas as part of a potential agreement to end the war in Ukraine.
Follow us online