Exxon Mobil said in a letter to shareholders March 16th that Engine No. 1’s approach ignores the role oil and natural gas will play in the future, and the leadership role the oil giant intends to take in reducing emissions through the development of lower-carbon technologies. SourceContinue Reading
Futures in New York slipped 0.9% on Tuesday for a third straight session of losses, following a surge earlier this month to intraday levels last seen in 2018. Though there are indications of growing demand in some parts of the world, other regions — notably Europe — are lagging. SourceContinue Reading
U.S Import Prices Jump As Oil And Other Commodities Rally | 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 Related News By Tsvetana Paraskova – Mar 16, 2021, 2:30 PM CDT The price index for U.S. imports...Continue Reading
Oil Rally Halted As European Vaccination Campaign Stalls | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Mar 16, 2021, 2:00 PM CDT While plenty of analysts remain confident that there remains upside for oil...Continue Reading
Four New Natural Gas Pipelines Come Online In The U.S. | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2021, 1:30 PM CDT The United States increased its natural gas pipeline transportation capacity by around 4.4 billion cubic feet per day (Bcf/d) in just...Continue Reading
Biden’s Solar Energy Plan Has A Major Space Problem | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Mar 16, 2021, 1:00 PM CDT US President Joe...Continue Reading
Benchmark says in its new report some transactions were concluded as high as $13,400 on signs of a market shortage with producers running out of inventory. The last time domestic Chinese lithium carbonate sold for more than $13,000 was August 2018. Lithium hydroxide prices in China have also rallied this year, up more than 20%,...Continue Reading
Permian Production Set To Rise Despite Shale Decline | 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 – Mar 16, 2021, 12:00 PM CDT Oil production from the seven largest U.S. shale...Continue Reading
The World Needs $131 Trillion In Clean Energy Investment By 2050 | 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 Related News By Tsvetana Paraskova – Mar 16, 2021, 11:30 AM CDT The world needs to shift...Continue Reading
Volkswagen Shares Soar As It Declares War On Tesla | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Mar 16, 2021, 11:00 AM CDT Look out, Tesla. There could be another mainstream FOMO electric vehicle stock coming. VW common shares soared as much...Continue Reading
