By Editorial Dept – Jan 08, 2021, 12:00 PM CST 1. Metals see a massive boost in EVs – Robert Friedland has started a special purpose acquisition company (SPAC) called Ivanhoe Capital Acquisition Corp. aimed at investing $200 million in the energy transition. – “The global shift away from carbon, boosted by ostensible Chinese environmental...Continue Reading

New Lockdowns Dash Hopes Of A Rapid Oil Demand Recovery In Europe | 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 Related News By Irina Slav – Jan 08, 2021, 11:30 AM CST Extended lockdowns in response to the...Continue Reading

Oil Rally Continues Despite Slow Vaccine Rollout | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Jan 08, 2021, 11:00 AM CST Crude oil prices continued their climb on Friday, poised for...Continue Reading

Cold Weather In China Sends Coal, Gas Prices Sky-High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 08, 2021, 10:00 AM CST The coldest winter in China since 1966 has sent coal and gas prices soaring as power demand surges. Gas prices hit a...Continue Reading

Petrobras Oil Output Hits Record In 2020 | 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 Related News By Irina Slav – Jan 08, 2021, 9:30 AM CST Crude oil output from fields operated by Brazil’s state energy major...Continue Reading

In a year that brought the U.S. shale industry to its knees, the Brazilian state-run giant pumped an all-time-high 2.3 million barrels a day of crude, according to a statement Thursday. That’s about the same as OPEC member Kuwait. SourceContinue Reading

Tesla Tops Facebook To Become Fifth Most Valuable Company | 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 Premium Content By Tsvetana Paraskova – Jan 08, 2021, 9:00 AM CST Tesla (NASDAQ: TSLA) surpassed Facebook in terms...Continue Reading

“Opening the shale revolution to the world through the export ban lifting helped shift the global oil market psychology from supply scarcity to abundance,” said Karim Fawaz, director of research and analysis for energy at IHS Markit. “It unshackled the U.S. industry to keep growing past its domestic refining limitations.” SourceContinue Reading

Democratic wins in elections in Georgia mean the party is poised to take control of the Senate, House and presidency, spurring a broad move higher in financial markets. That came after Saudi Arabia pledged earlier in the week to cut production by 1 million barrels a day in February and March. SourceContinue Reading

The Future For Natural Gas Is Far From Certain | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Jan 07, 2021, 7:00 PM CST Natural gas seems...Continue Reading