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.
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