Page 1 - EurOil Week 18 2022
P. 1

Issue 638               04•May•2022                       Week 18






                    ™      Sanctions impact


                            Moscow is already well-versed in embargo evasion – and Brussels has some
                            incentives to look the other way.

                    ™      Softening stance


                            The EU is softening its stance on long-term LNG supply deals as it urgently
                            seeks alternatives to Russian gas, having previously been more resistant.

                    ™      Romanian exit


                            ExxonMobil has agreed to sell its Romanian upstream business, including its stake
                            in the Neptun Deep gas discovery, to Romgaz for more than $1bn.

                    ™      Record loss


                            UK-listed BP has posted a record loss of $20.4bn for the first quarter of 2022,
                            attributed to a write-down related to its planned exit from Russia.
   1   2   3   4   5   6