Page 1 - EurOil Annual Review 2021
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Annual Review 2021
Exxon’s North Sea sale
ExxonMobil clinched a deal in February for a package of UK North Sea assets,
after starting the search for a buyer in mid-2019.
EU tightens climate screws
The EU pledged tougher emission targets this year –a move that has had
ramifcations for many sectors
IEA’s net-zero plan
The IEA released a controversial conclusion this year that the road to net
zero needs no more investment in oil and gas.
Cambo up in the air
Shell chose late this year to withdraw from the Cambo oilfield off UK,
plunging the project into disarray.
