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June 16, 2021
$100 Oil Predictions Soar As Analysts Warn Of Supply Crisis | 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 – Jun 16, 2021, 12:00 PM CDT “Incredible demand,” inflation, and shareholder pressure...
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“The Department of the Interior is required by law to expeditiously develop America’s energy resources, and this includes the obligation to schedule and hold offshore oil and gas lease sales,” said National Ocean Industries Association President Erik Milito. Source
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“Now is the time for the administration to put an end to this ‘import more oil’ policy that threatens American jobs and deprives state and local communities of much-needed revenue, all while likely increasing emissions and the risks of climate change,” the American Petroleum Institute said in a statement. Source
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Lundin Energy Boasts Carbon Neutral Oil Production | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Jun 16, 2021, 11:30 AM CDT Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan...
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Bullish Fundamentals Drive Oil Prices Higher | 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 – Jun 16, 2021, 11:00 AM CDT Oil prices have rallied in recent days, as global demand...
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Out of the 38, 17 planned gigafactories have secured full funding, worth €25.5 billion. A further 10 projects have secured partial financing, including many that are key to Europe’s domestic battery autonomy such as Britishvolt in the UK, Italvolt in Italy, Freyr in Norway, and Basquevolt-Nabatt in Spain. An additional 11 projects – including Volkswagen’s four...
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Oil Jumps On Significant 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 – Jun 16, 2021, 9:37 AM CDT Crude oil prices rose further today after the Energy Information Administration reported...
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GM To Boost EV Investments By 35% By 2025 | 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 – Jun 16, 2021, 9:31 AM CDT GM plans to increase investments in electric vehicles by...
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Judge Blocks Biden’s Ban On Oil Leasing | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jun 16, 2021, 9:00 AM CDT A Louisiana federal judge has blocked President Biden’s ban on new oil leases on federal lands by issuing a preliminary injunction. According to a...
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A federal judge lifted the Biden administration’s temporary ban on new oil and gas leases on public lands and offshore waters. Source
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