While progress has been made in recent years on the commercial framework for the Tanzania LNG project, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet, Equinor said in a statement. SourceContinue Reading
After former Secretary of State John Kerry, warned that natural gas pipelines could become “stranded assets” within 30 years as the administration seeks to end carbon emissions from power plants, owners turn to hydrogen to keep three million miles of U.S. pipelines from going obsolete. SourceContinue Reading
Biden Could Send Electric Vehicle Stocks Soaring | OilPrice.com Premium Content By Joshua Matthias – Jan 28, 2021, 7:00 PM CST Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark–Global X Autonomous & Electric Vehicles ETF (DRIV)–has climbed 75.3% over the past 12...Continue Reading
Electric Car Wars: Who Will Come Out on Top? | OilPrice.com Premium Content By Joshua Matthias – Jan 28, 2021, 7:00 PM CST Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark–Global X Autonomous & Electric Vehicles ETF (DRIV)–has climbed 75.3% over the...Continue Reading
Why Saudi Arabia Wants To Sell More Of Its Oil Giant | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Jan 28, 2021, 6:00 PM CST Saudi...Continue Reading
Can Big Oil Surprise This Earnings Season? | 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 – Jan 28, 2021, 5:00 PM CST Rising oil benchmarks and rebounding share prices: two things Big Oil...Continue Reading
“We are rooting for President Biden to lead America out of crisis,” API President and CEO Mike Sommers said. “As he works toward that important goal, he faces clear choices. Energy abundance or foreign dependence. American jobs or overseas jobs. Economic revival or small-town decline. Progress or retreat. Thus far, President Biden is on the...Continue Reading
Global Natural Gas Demand Set To Rebound After Pandemic Shock | 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 28, 2021, 4:00 PM CST Natural gas demand in the world...Continue Reading
U.S. Pauses Rule That Says Banks Can’t Reject Loans To Oil & Gas | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 28, 2021, 3:30 PM CST The Office of the Comptroller of the Currency (OCC) is pausing the publication of a rule that would...Continue Reading
Will Oman Hit Its Lofty Oil Output Goals? | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 28, 2021, 3:00 PM CST Facing a budget deficit this year alone that may reach 18 per cent of GDP, according to S&P Global Ratings, and budget deficits...Continue Reading
