Page 1 - Euroil Week 43 2020
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Issue 564 29•October•2020 Week 43
French-US LNG deal stalls
France’s Engie has reportedly delayed signing a $7bn contract to buy US LNG
from NextDecade following pressure from the French government.
European refiners eye biofuel
Repsol has become the latest of several European refiners to unveil plans to
convert their facilities to produce cleaner fuel.
Hammerfest LNG delays
Hammerfest LNG could take up to 12 months to restart, Equinor has said,
following a “dramatic” fire that broke out at the facility in late September.
BP rebounds to profit
BP returned to profit in the third quarter, aided by a recovery in oil and gas
prices and demand, as well as the lack of any significant impairment charges.