Euroil Week 05 2020
P. 1
Issue 527 06•February•2020 Week 05
Braving headwinds
BP’s new CEO Bernard Looney has taken the oil major’s helm at a di cult time, following two quarters of pro t decline.
High hopes for Europe
e LNG industry is hopeful that Europe will be able to absorb more supply this year, as a global glut of the fuel continues to weigh on prices.
Siccar talks break down
UK-based Chrysaor has ended talks to buy fellow North Sea private equity- backed player Siccar Point, because of a large gap in their price expectations.
Setback at Serica
Serica Energy has been forced to shut down the Bruce, Keith and Rhum gas elds for two months a er discovering platform damage.
