Maersk Energy is weighing a sale of its oil and gas activities in Brazil, according to news agency Reuters, as part of the efforts to focus its business on fewer areas.
"We have said that we will focus on fewer geographies and certainly in the North Sea. Norway and the U.K. will be an area of focus for Maersk Oil," said Maersk Energy CEO Claus Hemmingsen in relation to the annual GE Oil and Gas meeting in Florence, Italy.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.