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The announcement comes as nations in the eastern Mediterranean ramp up investments in offshore gas fields. Egypt is seeking to become a major hub for exporting LNG to Europe, where demand is growing as governments transition from dirtier fossil fuels such as coal and oil. Source
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Prepayment deals are rare in the oil world and this was meant to improve Iraq’s financial situation. While the government is still struggling, its position has improved on soaring oil prices, largely thanks to the rollout of coronavirus vaccines. Source
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A robust recovery in demand from the Covid-19 pandemic had pushed prices to the highest settlement in more than a year last Wednesday, and Goldman sees the rally accelerating as consumption outpaces supply from OPEC and shale. Source
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The Texas Cold Blast Was A Warning To Hydrogen Investors | 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 – Feb 21, 2021, 6:00 PM CST The Texas storm has exposed an energy grid ill-prepared for climate change, with electric...
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Could This Be The Most Exciting Lithium Play Of 2021? | OilPrice.com By Olivia Keegan – Feb 21, 2021, 5:00 PM CST In 2019, 97-year-old John B. Goodenough received the Nobel Prize for his groundbreaking work on developing lithium-ion batteries His discovery more than 40 years ago led to a massive breakthrough, giving us the...
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Is Another LNG Glut Looming? | 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 – Feb 21, 2021, 4:00 PM CST Global natural gas demand is set to return to pre-crisis levels...
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Can This Man-Made “8th Continent” Help Clean Up The Ocean? | 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 – Feb 21, 2021, 2:00 PM CST Spanning the...
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Even Bill Gates Is Struggling To Go Completely Green | 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 – Feb 21, 2021, 12:00 PM CST We’ve all heard...
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Goldman Sachs: Historic Copper Shortage Loom As Prices Rocket | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Feb 21, 2021, 10:00 AM CST The endless flood of both central bank and fiscal stimulus means that hundreds of billions of liquidity – to...
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Angolan lawmakers revoked a ban on exploration for crude and natural gas in protected natural reserves, including the Kassanje Basin and the wildlife-rich Okavango River Basin. Source
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