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Issue 1077 27•May•2020 Week 21
Borealis exits Kazakh petrochems
Austria’s Borealis has pulled out of plans for a polyethylene complex in Kazakhstan, marking another setback for the country’s petrochemical plans.
Sechin gets five more years at Rosneft Long-serving Rosneft CEO Igor Sechin has secured five more years in the role, but challenges are ahead.
Yamal-Europe supplies halted
Russian gas supplies into Germany from Poland were halted this week following the expiry of a transit deal.
Exxon resumes ACG sale
ExxonMobil has once again looking for a buyer for its stake in Azerbaijan’s ACG oil project, but fetching a good price will be difficult.
