Page 1 - EurOil Week 40 2022
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Issue 660             06•October•2022                     Week 40






                      ™      OPEC makes 2mn bpd cut

                              The OPEC has announced a 2mn barrel-per-day oil production cut, much to the
                              anger of the US and other Western buyers.


                      ™      Still no EU gas price in sight

                              EU member states are still struggling to reach any consensus on introducing a
                              price cap on gas supplies.


                      ™      Shell makes African power foray


                              Shell, a major oil player in Africa, is making its first power investment on the
                              continent.

                      ™      otalEnergies ups LNG investment
                              T

                              TotalEnergies has expanded its investments in global LNG supply as it
                              withdraws carefully from Russia.
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