Mexico Plans Further Debt Relief For Pemex | 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 Related News By Irina Slav – Dec 10, 2020, 10:30 AM CST The Mexican government is mulling over additional tax relief measures for...Continue Reading
Oil Hits $50 On Vaccine Rollout | 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 – Dec 10, 2020, 10:00 AM CST Brent Crude hit $50 a barrel on Thursday morning for...Continue Reading
Shell Nigeria Employees Vandalize Oil Pipelines | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 10, 2020, 9:30 AM CST Employees of Shell’s Nigeria subsidiary SPDC ordered the deliberate vandalization of oil pipelines to profit from them, according to a Dutch TV documentary, done in...Continue Reading
Shale operators slashed their planned capital expenditure (capex) for 2020 to account for the oil price crash, which inevitably led to decline in drilling and completion activity in the Eagle Ford play. Hence, crude oil production is expected to drop by 10% year-on-year (YOY) in 2021, says GlobalData, a leading data and analytics company. SourceContinue Reading
Pandemic Crushes U.S. Refining Capacity | 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 – Dec 10, 2020, 9:00 AM CST The closure of several refineries in the United States in recent...Continue Reading
In a new series of clean power agreements, BP has agreed to more than triple the renewable power that it will supply Amazon in Europe, while Amazon Web Services will enable the acceleration of BP’s program to digitize its infrastructure and operations. SourceContinue Reading
Transportation-related CO2 emissions fell to 102 million metric tons in April 2020, the lowest monthly level since February 1983. SourceContinue Reading
Canada became the latest country to approve a Covid vaccine and Chicago said it will offer inoculations free of charge to all adults next year. These helped traders on Thursday dismiss the second-biggest increase ever in U.S. crude inventories. SourceContinue Reading
Egypt, which started a sweeping economic reform program about four years ago, has been reworking to revamp and re-energize state-owned companies and attract foreign investors who have so far largely been attracted to the North African nation’s debt market and energy industry. SourceContinue Reading
The 250MW corporate power purchase agreement, the largest ever for offshore wind in Europe, will help Amazon achieve their commitment to be net zero carbon by 2040 as set out in their Climate Pledge. SourceContinue Reading
