“We will continue to electrify our line-up as part of our global journey towards carbon neutrality. However, we have no further plans to announce at this time,” Nissan said in an emailed statement. The potential factory, which would be built on the existing Sunderland site, is expected to support the production of 200,000 batteries a...Continue Reading
Nigeria Inks Massive Oil Deal With Supermajors | 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 – May 26, 2021, 11:00 AM CDT Nigeria’s National Petroleum Corporation this week signed a deal with Shell,...Continue Reading
Ford’s hopes to follow in Tesla’s and GM’s footsteps and piggyback on the EV/ESG bandwagon will be tested this morning, with Ford stock spiking then sliding in jittery trade after Ford confirmed yesterday’s Reuters rumor that the company would boost spending on electric vehicles by at least 36% to $30 billion and said that 40% of Ford...Continue Reading
Abu Dhabi’s state oil firm plans to raise $1.64 billion by selling more shares in its fuel retail unit and by issuing bonds, as the emirate taps its energy wealth to attract investment. SourceContinue Reading
Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and faster than planned, dealing a blow to the oil giant that could have far reaching consequences for the rest of the global fossil fuel industry. SourceContinue Reading
Oil Prices Bounce Back On Bullish Inventory Data | 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 – May 26, 2021, 9:35 AM CDT A day after the American Petroleum Institute reported a minor...Continue Reading
Analyst: Iran’s Oil To Return To Market In August At The Earliest | 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 – May 26, 2021, 9:30 AM CDT If the ongoing talks...Continue Reading
Russia: Current Oil Market Deficit Is 1 Million Bpd | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 26, 2021, 9:00 AM CDT Russia estimates that the global oil market is currently in a deficit of around 1 million barrels per day (bpd), Deputy Prime...Continue Reading
The award, which marks Sparrows first large contract in the Pilbara region of Western Australia, will see the company hire local personnel including lifting engineers, mechanical and electrical technicians, rope access, inspectors and crane supervisors. SourceContinue Reading
After very promising results on their first well in Namibia’s giant Kavango basin, global attention has turned to this small Canadian explorer as it drills its second well in a basin estimated by a world-renowned geochemist to potentially hold up to 120 billion barrels. In an interview with Oilprice.com’s James Stafford, Steinke, the founder and...Continue Reading
