With the takeover by Chrysaor expected to complete by the end of March, Premier Oil will start trading under its new name, Harbour Energy Plc, on April 1. Putting behind it a multibillion-dollar debt pile, the firm should be well-positioned to ride the recovery in oil demand and boost investor returns. SourceContinue Reading

The world’s largest oil company is mulling asset disposals as a way of maintaining its $75 billion of annual dividend payments, almost all of which go to the Saudi government. That payout — the biggest of any listed company in the world — became harder to sustain after the coronavirus pandemic caused crude prices to...Continue Reading

After four years of bruising trade battles with Donald Trump, the Biden administration already has canceled a permit for TC Energy Corp.’s Keystone XL oil pipeline and threatened new “Buy American” provisions for government procurement contracts. SourceContinue Reading

Oil has surged this year after Saudi Arabia pledged to unilaterally cut 1 million barrels a day in February and March, with Goldman Sachs Group predicting the crude rally will accelerate as demand outpaces global supply. SourceContinue Reading

Should You Follow Buffett Into Energy Stocks? | 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 – Feb 22, 2021, 7:00 PM CST For decades, Berkshire Hathaway (NYSE:BRK.B) chairman and CEO Warren Buffett maintained a pretty conservative approach to investing,...Continue Reading

Lithium Prices Soar As Tesla, Apple And Google Fight For Supply | OilPrice.com By Jody Wilson – Feb 22, 2021, 6:00 PM CST The electric vehicle (EV) revolution is gaining serious momentum. According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026. The extraordinary demand...Continue Reading

Iran Doubles Down On Nuclear Ambitions As It Expands Oil Influence | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Feb 22, 2021, 5:00 PM CST Tehran’s...Continue Reading

Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts | 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 – Feb 22, 2021, 4:30 PM CST The leaders of...Continue Reading

Europe’s Rare Earth Dependency Dilemma | 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 – Feb 22, 2021, 4:00 PM CST Solar panels. Wind turbines. Electric vehicle batteries and motors. These are just four...Continue Reading

India’s Oil Imports From North America Break Another Record | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 22, 2021, 3:30 PM CST The United States and Canada accounted for 11 percent of India’s crude oil imports in January—a record-high share of North American crude...Continue Reading