Page 1 - FSUOGM Week 20 2021
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Issue 1126               19•May•2021                       Week 20






                    ™     ™Fossil fuels to stay


                            Russian energy minister Nikolay Shulginov has downplayed suggestions that fossil
                            fuels will lose their dominant role in the enery mix.


                    ™     ™OMV Petrom finishes Kazakh exit


                            OMV Petrom has completed the sale of its assets in Kazakhstan, as it
                            increases its focus on the Black Sea.

                    ™     ™Repsol sheds Russian JV stake


                            Spain's Repsol is selling a stake in a joint venture developing oil in Russia as
                            it adjusts to the energy transition.

                    ™     ™Lukoil oil spill


                            Lukoil has caused a serious oil spill in north Russia and it could spill into the
                            Barents Sea if left unchecked, environmentalists say.
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