Page 1 - AsianOil Week 32
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Issue 732 13•August•2020 Week 32
ough times
T
With even Asia’s largest downstream players struggling under the weight of
COVID-19, the outlook for smaller refiners is grim.
Shipping ban
India has reportedly banned China-flagged and owned vessels from carrying
hydrocarbons to and from the South Asian country.
Payment pause
China has reportedly agreed to grant Venezuela a grace period on billions of
dollars’ worth of oil-for-loan repayments this year.
Asset hunting
Woodside Petroleum has said it is looking to acquire distressed oil and gas
assets after reporting a 28% slide in its first-half adjusted profit.
