Page 1 - EurOil Week 26
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Issue 548 02•July•2020 Week 26
Ireland takes aim at gas
Ireland’s new government has said it will ban the issue of new gas exploration
and production licences, after the country ended the search for oil last year.
US sanctions response
The EU is considering measures to respond if the US imposes harsher
sanctions on Russia’s Nord Stream 2 project.
More major write-downs
Shell has said warned it will book up to $22bn in impairments after lowering
its price forecasts, following a similar move by BP.
Gunvor’s choice
Trading giant Gunvor is mulling whether to halt operations at its refinery in
Antwerp, amid grim conditions in European refining.