Europe
Dividends/Buybacks
Equinor Releases Overview of Share Buyback Program
Equinor said the maximum shares to be repurchased is 16.8 million, of which up to 7.4 million shares can be acquired until May 15 and up to 9.4 million shares until Jan. 15, 2025 — the program’s end date.
Highlights , Crude Oil
Tethys Oil Releases March Production Results
Tethys Oil said the official selling price of its Oman Export Blend oil was $78.75/bbl.
Trade , International , Natural Gas
EU Expected to Sue Germany Over Gas Tariff, Sources Say
The German tariff is a legacy of the European energy crisis that peaked in 2022 after Moscow slashed gas flows to Europe and an undersea explosion shut down the Nord Stream pipeline.
Pipelines , Natural Gas
Balticconnector Gas Pipeline Will be in Commercial Use Again April 22, Gasgrid Says
The Balticconnector subsea gas link between Estonia and Finland was damaged in October along with three telecoms cables.
Crude Oil , Exploration & Production
BP Starts Oil Production at New Offshore Platform in Azerbaijan
Azeri Central East offshore platform is the seventh oil platform installed in the Azeri-Chirag-Gunashli field in the Caspian Sea.
Acquisitions & Divestitures , Business
EnQuest Selling Stake in North Sea Golden Eagle Oilfield, Sources Say
EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.
Deepwater , Field Development
Deepwater Roundup 2024: Offshore Europe, Middle East
Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.
Field Development , Natural Gas
Trillion Energy Begins SASB Revitalization Project
Trillion Energy reported 49 m of new gas pay will be perforated in four wells.
Hart Energy Exclusive , CERAWeek , CCS/CCUS , International , Health, Safety & Environment
Exclusive: Tenaris’ Zanotti: Pipes are a ‘Matter of National Security’
COVID-19 showed the world that long supply chains are not reliable, and that if oil is a matter of U.S. national security, then in turn, so is pipe, said Luca Zanotti, U.S. president for steel pipe manufacturer Tenaris at CERAWeek by S&P Global.
Geothermal , Solar , Wind , Hydrogen , Energy Storage , RNG , Bioenergy/Biomass
Energy Transition in Motion (Week of April 12, 2024)
Here is a look at some of this week’s renewable energy news, including a renewable energy milestone for the U.S.