Page 1 - EurOil Week 02 2023
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Issue 672 12•January•2022 Week 02
Russia has lost the energy war
Russia was counting on a cold winter to put pressure on Europe, but gas prices
are now lower than they were before the war.
als slumps to half of Brent
Ur
Urals has dropped to half of the value of Brent as a result of sanctions and the
Western embargo.
Norwegian licensing awards
Norway has offered up close to 50 licences in its latest APA licensing round.
Lukoil sells Italian refinery
Russia’s Lukoil has sold its refinery in Italy as it looks to scale back its
European business.
