FSUOGM Week 13
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Issue 1069 01•April•2020 Week 13
Urals heads to China
Urals’ widened discount to Brent has made it popular among Asian refiners, especially those in China.
Rosneft sidesteps sanctions
Rosneft has divested its Venzuelan operations to another Russian state company in order to avoid US sanctions.
Trade reversal
Russia may start importing gasoline from Europe because of the collapse in fuel demand on the continent.
Block expands in Georgia
London-listed Block Energy has acquired two new oil and gas sites in Georgia from Schlumberger, for no upfront payment.