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March 31, 2021
China’s Refiners Are An Existential Threat To Regional Competitors | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 31, 2021, 12:30 PM CDT China’s build-up of oil refining capacity is threatening the viability of other Asian refiners as the country is about to become the...
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Analysts See Oil Markets Balancing Out In H2 2021 | 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 – Mar 31, 2021, 12:00 PM CDT Despite recent signs of weakening oil demand...
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The signatories have also said they will not finance any deep sea mining companies. “Before any potential deep seabed mining occurs, it needs to be clearly demonstrated that such activities can be managed in a way that ensures the effective protection of the marine environment,” they said in the statement. “All alternatives to deep sea minerals...
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OPEC’s Production Rises In March As Iran Boosts Output | 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 – Mar 31, 2021, 11:00 AM CDT A large increase in Iranian oil production...
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CGG has been awarded three major seismic imaging projects by BP, two from the deepwater Gulf of Mexico and one from offshore Trinidad and Tobago. These projects will start in Q1/Q2 this year and complete with cloud delivery of the data no later than Q4 of 2021. Source
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Oil Jumps On Surprise Crude Draw | 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 – Mar 31, 2021, 9:39 AM CDT Crude oil inventories last week shed 900,000 barrels, the Energy Information Administration...
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The revision, which mainly affects the next few months, follows a recommendation from OPEC Secretary-General Mohammad Barkindo that the coalition should remain very cautious. Source
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MBS: Aramco And SABIC To Lead $1.3 Trillion Investment Push | 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 – Mar 31, 2021, 9:30 AM CDT Aramco and its subsidiary SABIC will spearhead a...
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OPEC+ Sees Slower Oil Demand Recovery Amid New Lockdowns | 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 – Mar 31, 2021, 9:00 AM CDT An OPEC+ panel advising the group has...
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The $2.25 trillion, eight-year proposal is a follow-up to the $1.9 trillion economic relief bill passed earlier this month. To cover the costs, Biden wants to raise corporate taxes to 28% from 21%. The plan also seeks a minimum tax on profits U.S. corporations earn overseas, increasing the rate to 21% from roughly 13%. Source
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