Page 1 - EurOil Week 35
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Issue 556 03•September•2020 Week 35
New oil fund chief
Norway has appointed a new CEO to manage its $1.2 trillion oil fund, and
the hedge fund manager hired is not in it for the money.
Tide turning for UK rigs
UK operators have enjoyed an oversupply of semisubs, but the situation is
changing and some may have to alter drilling plans next year to get rigs.
orst quarter in a dozen years
W
Gazprom has suffered its weakest earnings in at least a dozen years owing to steep
declines in sales volumes and prices in its core market Europe.
Hedging is a blessing
Neptune Energy’s latest quarterly results were comparatively strong thanks to
the company hedging its production.
