Europe’s three largest oil and gas companies — Total, BP and Royal Dutch Shell — all announced plans last year to eliminate most greenhouse gas emissions from their operations and the fuels they sell in the coming decades. It marked a turning point for the petroleum industry in the region, and heightened its divergence from...Continue Reading
The billionaire’s SpaceX intends to drill wells close to the company’s Boca Chica launchpad, it was revealed during a Friday hearing before the Railroad Commission of Texas, the state’s energy regulator. SourceContinue Reading
Iraq pledged to cut output in January and February after pumping more than its OPEC+ quota last year, and Libyan guards halted some crude exports after a pay dispute. Crude was also buoyed by a renewed climb in global equity markets as investors focused on the prospect of additional stimulus. SourceContinue Reading
Oil Majors Poised To Make Biggest Geothermal Investments In 30 Years | 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 – Jan 24, 2021, 7:00 PM CST The green energy revolution is well and truly underway. Renewables have proven to...Continue Reading
Biden’s Green Energy Boom Could Send These Electric Vehicle Stocks Soaring | OilPrice.com Premium Content By Chloe Mole – Jan 24, 2021, 6:00 PM CST Elon Musk is now the richest person in the world–richer than Bezos. And Tesla (NASDAQ:TSLA) has gained over 700% in a year, while Chinese Nio (NYSE:NIO) has soared over 1,300%...Continue Reading
Goldman Sachs: Biden’s Federal Land Drilling Ban Is Bullish For Oil | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2021, 4:00 PM CST Oil stocks tumbled following yesterday’s one-two punch of Biden energy news, when first we learned that the Interior Department enacted a 60-day moratorium on issuing oil and gas leases that...Continue Reading
How Hydrogen Could Power The Ultimate Battery | 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 24, 2021, 2:00 PM CST Hydrogen as a fuel of the future is the talk of...Continue Reading
Egypt Looks To Resume LNG Exports As Prices Rise | 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 24, 2021, 12:00 PM CST Egypt’s 2015 discovery...Continue Reading
The One Big Problem With A Central Asian Energy Corridor | OilPrice.com Alan Mammoser Alan Mammoser writes about energy, environment, cities, infrastructure and planning. He writes the weblog, www.warmearth.us More Info Premium Content By Alan Mammoser – Jan 24, 2021, 10:00 AM CST In Moscow last week, President Vladimir Putin hosted the prime minister of...Continue Reading
President Biden’s focus on fiscal spending, a probable lack of urgency in lifting sanctions on Iran and restrictions on the North American energy industry all combine to support oil prices, Goldman Sachs analysts wrote in a note dated Jan. 21. SourceContinue Reading
