Friday, October 30, 2020
Tags Oil Price War

Tag: Oil Price War

BP reports a cash imbalance but commits to delivering its net-zero ambition

BP reports a cash imbalance in the first quarter of 2020 due to lower prices, demand destruction in the downstream and a lower contribution from oil trading.

PGNiG starts production from the Ærfugl field

PGNiG Upstream Norway, a subsidiary of PGNiG, has started production from the Ærfugl field, extremely attractive in terms of profitability.

OPEC+ reaches a historical deal after compromising with Mexico

OPEC+ agreed on adjusting downwards their overall crude oil production by 9.7 million bpd, after reaching a compromise with Mexico.
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Rethinking the Trans-Balkan pipeline

Sergiy Makogon, GTSOU’s CEO writes about the Trans-Balkan gas transit corridor which should be a warranty of energy security for Southeast Europe.

Investing in renewables is the right response for the climate change challenge

Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.

Sonya Twohig appointed new Secretary-General of ENTSO-E

Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.

French Orano to join Romania’s Cernavoda NPP expansion project

French Prime Minister Jean Castex and his Romanian counterpart Ludovic Orban signed a declaration of intent on cooperation in the civil nuclear field, to build units 3 and 4 of the Cernavoda nuclear power plant and to upgrade unit 1.