The reforms – first submitted to parliament in 2008 and conceived at the start of the millennium – are intended to remove legal and regulatory uncertainty that has held back progress on numerous deferred oil and gas projects. SourceContinue Reading
Oil Suffers Double Whammy In Weakest Week Since March | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 16, 2021, 9:00 AM CDT Oil prices are likely to record their worst week since March under the double blow of additional OPEC supply coming to markets...Continue Reading
“Looking ahead to 2022, risks and uncertainties loom large and require careful monitoring to ensure the recovery from the Covid-19 pandemic,” OPEC said in its monthly report, which contained the first detailed estimates for next year. SourceContinue Reading
Greenland’s government “has decided to cease issuing new licenses for oil and gas exploration,” it said in a statement. “This step has been taken for the sake of our nature, for the sake of our fisheries, for the sake of our tourism industry, and to focus our business on sustainable potentials.” SourceContinue Reading
The International Energy Agency, the U.S. Energy Information Administration and the Organization of Petroleum Exporting Countries all say that global oil demand will continue to recover through to at least the end of next year. But there is some disagreement on the paths it will take to get there. SourceContinue Reading
The Best 2 Stocks To Hold As Oil Prices Explode | OilPrice.com Premium Content By Jason Cantle – Jul 15, 2021, 6:30 PM CDT Crude oil was already having a banner year amid a faster-than-expected recovery from the pandemic. Now, with an OPEC compromise in place, there will be no oil price war, volatility will...Continue Reading
Saudi Arabia And UAE To Lead OPEC Oil Production Increase | 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 – Jul 15, 2021, 6:00 PM CDT OPEC pumped 26.03 million barrels per...Continue Reading
