China Reports Major Oil And Gas Find At Record Depths | 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 – Jun 21, 2021, 10:00 AM CDT China National Petroleum Corporation has made an oil...Continue Reading
Oil held near $72 a barrel as inconclusive nuclear talks between world powers and Iran — which has elected a new hardline president — allayed prospects for a swift revival of the Islamic Republic’s crude exports. SourceContinue Reading
Iran Nuclear Plant Shuts Down | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 21, 2021, 9:30 AM CDT Iran’s only nuclear power plant was shut down this weekend in an emergency move that Iranian media reported on but provided no details. The Associated Press...Continue Reading
BofA: Oil Prices Could Hit $100 In 2022 | 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 – Jun 21, 2021, 9:00 AM CDT Expectations that strong demand recovery would outpace supply...Continue Reading
Global oil consumption will continue to outstrip supply in 2022 as the economic recovery from the pandemic boosts fuel consumption, while investment in new crude production is crimped by environmental concerns, the bank said in a report. SourceContinue Reading
Odfjell’s WindGrid is a solution for providing an uninterrupted power supply from Mobile Offshore Wind Units to micro-grids. It combines energy storage, grid converters and floating wind turbines in order to enable gas turbine generators to be shut down during peak wind power production. SourceContinue Reading
President Joe Biden’s administration rejected Nicolas Maduro’s call for relief from U.S. sanctions, saying the Venezuelan leader needs to do more toward restoring democracy before penalties would be lifted. SourceContinue Reading
Devon Energy announced it is establishing new environmental performance targets focused on reducing the carbon intensity of its operations, minimizing freshwater use, and engaging constructively with its value chain. SourceContinue Reading
The Death Of Car Ownership: This $30 Trillion Trend Could Kill The Auto Industry | OilPrice.com Premium Content By Lawrence Stephenson – Jun 20, 2021, 6:30 PM CDT We now officially live in a subscription economy… and it’s worth trillions of dollars. The global live streaming market is predicted to hit $247 billion by 2027...Continue Reading
Will Oil Hit $100 This Year? | 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 – Jun 20, 2021, 6:00 PM CDT Oil’s rally to above $70 a barrel has spurred talk...Continue Reading