Euroil Week 18 2020
P. 1
Issue 540 07•May•2020 Week 18
Norwegian supply cuts
Norway is doing its part to help rebalance the market, announcing it will impose cuts to production starting in June.
LNG demand hopes
The COVID-19 pandemic is hitting many industries, including LNG, but there are hopes that demand for the fuel will stay resilient in the long term.
Shell breaks rank on dividend
Royal Dutch Shell has slashed its dividend for the first time since World War 2, while other majors continue to maintain theirs.
Open for business
Greece has passed an environmental bill that aims to slash red tape and permit oil and gas drilling in protected areas, to attract more investment.
