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Issue 1073 29•April•2020 Week 17
Russian tax in a nutshell
Russia’s tax system means that larger producers that supply more oil overseas will fare better during the downturn, according to Rystad Energy research.
Investors sue after WTI collapse
Investors plan to sue the Moscow exchange for failing to handle WTI’s swing to negative last week, which caused them to incur losses.
Gazprom braces for tough year
Gazprom has preparing for a difficult year in 2020, after enduring a tough one in 2019.
Azerbaijan tells BP to cut output
Azerbaijan has asked the BP-led ACG project to cut production by up to 80,000 bpd – the first time it has imposed cuts on the consortium.
