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Energy Secretary Dario Martinez said spending on subsidies is still better than the alternative of buying LNG cargoes, despite low current prices. “We’ve done the analysis and we really benefit from doing this,” Martinez told reporters in Buenos Aires Wednesday. Source
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The American Petroleum Institute corrected the record on discussions about a fracking ban, implementing a carbon-free power sector by 2035, replacing natural gas and oil jobs with clean energy jobs, and policies to reduce CO2 emissions. Source
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“The 5+5 Joint Military Commission talks in Geneva today culminated in a historic achievement where Libyan parties reached a permanent ceasefire agreement,” according to a statement by the UN Support Mission in Libya. “This achievement marks an important turning point towards achieving peace and stability in Libya.” Source
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BP is weighing a sale of its majority stake in the Constellation oilfield in the Gulf of Mexico, according to people familiar with the matter, as it pushes ahead with a divestment program. Source
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Another Permian Giant May Be Forced To Consolidate Or Die | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Oct 22, 2020, 7:00 PM CDT One by...
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The 3 Hottest Renewable Energy IPOs | 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 – Oct 22, 2020, 6:00 PM CDT The IPO market isn’t quite what it was a decade or two ago. Today, more and more startups...
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The End Of Venezuela’s Oil Era | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 22, 2020, 5:00 PM CDT Venezuela, once Latin America’s largest oil...
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OPEC+ Production Cuts Could Be Extended: Putin | 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 – Oct 22, 2020, 4:30 PM CDT Russia does not rule out the possibility that OPEC+ could...
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Technology Will Become More Important Than Oil For Energy Markets | 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 – Oct 22, 2020, 4:00 PM CDT The phrase...
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Could Oil Drillers Make Geothermal Energy Go Mainstream? | 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 – Oct 22, 2020, 3:00 PM CDT With so much talk about offshore wind and utility-scale solar,...
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