Euroil Week 46 2019
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Issue 518 21•November•2019 Week 46
End to fossil fuel funding
The European Investment Bank has reached a decision on ending fossil fuel funding after 2021.
Bulgarian hub plans
Bulgaria plans to launch next year a new gas trading hub, capitalising on its position at the nexus point of several gas infrastructure projects.
Saipem, Subsea 7 mull merger
Europe’s biggest oilfield services group are in talks to merge to help better weather the market downturn.
No more Russian gas
Poland has given Gazprom formal notification that it will not renew their gas supply contract after it expires in three years’ time.