New Activist Investor Wants Exxon To Invest More In Clean Energy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 07, 2020, 11:30 AM CST ExxonMobil faces renewed pressure from investors to change with the times and invest more in clean energy after a new...Continue Reading
Iraq To Budget For $42 Oil In 2021 | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 07, 2020, 11:00 AM CST Iraq will draft its budget based on an average oil...Continue Reading
The ‘Biggest Ever’ Flotilla Of Iranian Tankers Is En Route To Venezuela | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 07, 2020, 10:00 AM CST It appears both Iran and Venezuela are ready and willing to test the outgoing Trump administration...Continue Reading
Strike Could Shut Down All Ports In OPEC Producer Nigeria | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Dec 07, 2020, 9:30 AM CST Trade unions in Nigeria are threatening...Continue Reading
Iran Prepares For Oil Export Boost | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 07, 2020, 9:00 AM CST Iran is preparing to start expanding its crude oil exports ahead of...Continue Reading
If a Biden presidency leads to a resumption in Iranian and Venezuelan oil exports, the new supply will likely cause a further headache for the OPEC+ alliance and would also reshape crude flows to Asia. SourceContinue Reading
The firm, to be called Energy Development Oman, will own a shareholding in Petroleum Development Oman LLC as well as an interest in Block 6, according to a government gazette on Sunday. The company will “undertake hydrocarbon exploration and production operations” and can borrow money “in any manner.” SourceContinue Reading
Crude futures were down 1.9% in New York, with the dollar trading higher and European stock markets declining. It follows a rally last week after OPEC and its allies agreed to add 500,000 barrels a day of output from January to a market that’s showing signs of recovery. SourceContinue Reading
Over the past several weeks, Asian refineries have snapped up crude oil from the Middle East, the U.S. and Russia as buyers received more government allowances to boost imports after the start of next year. Demand for North Sea barrels was slow to pick up, but even that’s now started to change. SourceContinue Reading
“The peak of consumption may have already passed,” Deputy Finance Minister Vladimir Kolychev said in an interview in Moscow. “The risk is rising in the longer term” that hydrocarbon revenues could come in below the current outlook, he said. SourceContinue Reading
