The backlog of drilled but uncompleted shale wells called DUCs is rapidly shrinking as oil prices rise, signaling that producers are ready to put drilling crews back to work as the industry rebounds from its pandemic-driven downturn. SourceContinue Reading
China Emerges As The Leader In The Clean Energy Boom | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Mar 25, 2021, 3:00 PM CDT The trade...Continue Reading
Ex-Glencore Oil Trader Pleads Guilty To Price Manipulation | 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 Related News By Julianne Geiger – Mar 25, 2021, 1:30 PM CDT Former Glencore oil trader Emilio Jose Heredia Collado has...Continue Reading
Oil Prices Drop On Third Wave Of Coronavirus Lockdowns | 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 – Mar 25, 2021, 1:30 PM CDT The unfortunate tanker mishap in the Suez Canal...Continue Reading
Bitcoin’s Energy Problem Isn’t Going Away Anytime Soon | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Mar 25, 2021, 1:00 PM CDT Since its debut 12 years ago, bitcoin has frequently been lambasted for its energy-intensive mining process....Continue Reading
China Overtakes U.S. As World’s Largest Refiner | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Mar 25, 2021, 12:00 PM CDT As the shift in oil demand...Continue Reading
Canada Oil Industry to Shed 7,300 Jobs This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 25, 2021, 11:30 AM CDT Canada’s oil industry could see another 7,300 jobs lost this year, said the Petroleum Labour Market Information division of Energy Safety Canada, as...Continue Reading
The borrowing plan underscores how badly Persian Gulf countries were impacted by the drop in crude prices last year as the coronavirus pandemic spread and energy demand plunged. SourceContinue Reading
Yemen’s Iran-backed Houthi rebels are ready for an “honorable peace” but Saudi Arabia must end its attacks and lift its siege, group leader Abdul Malik al-Houthi said on Thursday. SourceContinue Reading
There’s growing alarm in Canberra over what’s expected to be Australia’s inevitable increased dependence on foreign petroleum amid a major influx of cheaper refined oil products from China. It comes as China’s crude oil refinery capacity is rapidly expanding and simultaneously Australia is about to see its last four refineries cut down by two, given the recent announced closures of an...Continue Reading
