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Author Topic: European Oil Firms to Benefit from Donald Trumpís Victory  (Read 265 times)

Offline ndubest

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European Oil Firms to Benefit from Donald Trumpís Victory
« on: December 02, 2016, 10:54:27 AM »
Donald Trumpís victory in the United States Presidential Election will likely be good for European oil and gas firms that operate in U.S. Media reaction across the Atlantic, the industry itself has began a wake up call for the President Elect to define a clear energy policy.

European press reaction to Trumpís election was broadly positive when it comes to prospects for the oil and gas industry. Londonís Evening Standard newspaper said that oil companies will be on the edge as a result of the news. It suggested that UK energy company BP plc could potentially strengthen ties in the United States and pointed out that that service companies such as Wood Group and Weir will be helped by a Trump presidency.

A few hours before Trump was officially declared the winner, Spanish news service vozpopuli.com said his victory could, benefit Spainís Repsol S.A. Ė which has operations in Alaska Ė as there will be increased support for traditional energy companies.

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European Oil Firms to Benefit from Donald Trumpís Victory
« on: December 02, 2016, 10:54:27 AM »


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