The mission to store CO2 beneath the Danish North Sea has cleared the first major hurdle after the intended subsea reservoir was confirmed feasible for CO2 injection by independent certification body DNV GL to the endorsement of Danish authorities. SourceContinue Reading
With the prospect of a coronavirus vaccine improving oil’s longer-term outlook, there’s been a renewed rally in the forward curve. On Wednesday the much-watched spread between Brent’s nearest two December contracts briefly flipped into a bullish backwardation for the first time since March. SourceContinue Reading
Invoking a climate emergency could give Biden the authority to circumvent Congress and fund clean energy projects, shut down crude oil exports, suspend offshore drilling and curtail the movement of fossil fuels on pipelines, trains, and ships. SourceContinue Reading
No less than “democracy in Europe” and the EU’s “image of U.S. companies” are on the line, a German industrial group warned House of Representatives Speaker Nancy Pelosi last week in a letter. With broad-based opposition to the pipeline in the U.S., German hopes that the president-elect will reverse sanctions may be misplaced. SourceContinue Reading
Reduced activity levels, project cancellations and workforce cuts as a result of the coronavirus pandemic have slashed business confidence across the UK’s oil and gas sector, according to an industry report. SourceContinue Reading
Colorado Approves Stricter Rules For Oil & Gas Drilling | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Nov 24, 2020, 8:30 PM CST The Colorado Oil and Gas Conservation Commission (COGCC) approved this week stricter rules for oil and gas...Continue Reading
Bitcoin Soars Above $19,000 As Gold Sinks | OilPrice.com Safehaven.com Safehaven.com is one of the most established finance and news sites in the world, providing insight into the most important sectors in the business and… More Info Related News By Safehaven.com – Nov 24, 2020, 7:30 PM CST Bitcoin bulls have had little to cheer...Continue Reading
Three Key Differences Between Biden And Trump On China | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Nov 24, 2020, 7:00 PM CST Given China’s burgeoning...Continue Reading
The Investment Trend That Could Send Tesla To $2 Trillion | OilPrice.com Premium Content By Terry Goddard – Nov 24, 2020, 6:00 PM CST Hedge fund bulls say Tesla (NASDAQ:TSLA) is on its way to a $2-trillion market cap after gaining 400% this year … It’s already worth 5X the combined value of giants Ford...Continue Reading
