Page 1 - FSUOGM Week 20
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Issue 1076 20•May•2020 Week 20
Rosneft slips into red
Rosneft has swung to a Q1 loss owing to a weaker ruble, while its core earnings also plunged because of the market collapse.
Nord Stream 2 setback
Gazprom’s Nord Stream 2 has suffered another setback after being denied a waiver from EU energy rules.
Russia mulls strategic reserve
Russia is considering the creation of a strategic oil reserve equal to up to 20% of its annual output.
Naftogaz changes the guard
Naftogaz has selected Olena Zerkal to head its international arbitration team, just after ousting business development director Yuriy Vitrenko.
