Over the long-term, the impacts of behavioral shifts due to COVID-19 are minor compared to “known” long-term shifts such as decreasing car ownership, growing fuel efficiencies and a trend towards electric vehicles, whose impact is estimated to be three-to-nine times higher than the pandemic’s by 2050. SourceContinue Reading
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi. SourceContinue Reading
The island nation of Palau says a tanker that recently loaded Venezuelan crude was using a false signal to disguise its identity, potentially putting the Pacific country in the crosshairs of U.S. sanctions. SourceContinue Reading
Biden’s Boom: The $30 Trillion ESG Sector Is Set To Explode In 2021 | OilPrice.com Premium Content By Dave Petersen – Jan 13, 2021, 7:00 PM CST With trillions of dollars pouring into ESG funds last year, 2020 has been called the “tipping point” year for this mega-trend. But many are predicting that the ESG...Continue Reading
The Pandemic Could Lead To A Major Oil Supply Crunch | 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 13, 2021, 6:30 PM CST It may be counterintuitive to say...Continue Reading
Saudi Arabia Starts New Bull Run In Middle East Oil | OilPrice.com Viktor Katona Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest. Disclaimer: views set… More Info Premium Content By Viktor Katona – Jan 13, 2021, 6:00 PM CST Market tightness...Continue Reading
The Most Important Oil Find Of The Next Decade Could Be Here | OilPrice.com Premium Content By Timothy Mole – Jan 13, 2021, 5:00 PM CST A potential high upside opportunity in the oil and gas sector is unfolding that offers one of the most attractive risk/reward profiles this industry has seen in quite a...Continue Reading
IEA: Pandemic Poses Huge Uncertainty About Oil Market Balance | 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 Related News By Tsvetana Paraskova – Jan 13, 2021, 4:30 PM CST The pandemic and the pace of economic...Continue Reading
Wind Power Overtakes Coal In Texas For The First Time Ever | 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 – Jan 13, 2021, 4:00 PM CST For...Continue Reading
U.S. exports of diesel, mostly to Latin America, last week fell 518,000 barrels a day to 714,000 for the lowest level since September 2017, data from the Energy Information Administration show. SourceContinue Reading
