Euroil Week 06 2020
P. 1
Issue 528 13•February•2020 Week 06
Bucking the trend
France’s Total managed to keep profits stable in the fourth quarter, while many of its rivals saw steep declines, thanks to higher output.
LNG ambitions
Gas-less Montenegro has voiced interest in building its own LNG terminal, to import US gas and share supplies with the region.
Creditor backing
UK-based Premier Oil has secured creditor backing for its planned acquisitions in the North Sea, but it still needs court approval.
Engie CEO ousted
The CEO of French gas firm Engie has been ousted, following months of boardroom infighting over the company’s direction.