Saudi Arabia said a storage tank at Ras Tanura in the country’s Gulf coast was attacked on Sunday by a drone from the sea. The terminal is capable of exporting roughly 6.5 million barrels a day — nearly 7% of oil demand — and as such one of the world’s most protected installations. SourceContinue Reading
The Crisis Isn’t Over For Oil Refiners | 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 07, 2021, 7:00 PM CST Refiners and integrated oil firms continue to struggle with...Continue Reading
The Single Biggest Threat To The Electric Vehicle Revolution | OilPrice.com Premium Content By Lars Andersson – Mar 07, 2021, 6:00 PM CST While 2020 was the year electric vehicles went mainstream, 2021 has revealed a gaping flaw in the EV boom. Demand for the new technology has skyrocketed, both in the United States and...Continue Reading
Why Hydrogen Needs Nuclear Power To Succeed | 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 – Mar 07, 2021, 4:00 PM CST For carbon-free hydrogen to play a significant role in decarbonization, it will need to be...Continue Reading
WoodMac’s Dramatic Plan For A 600% Carbon Tax | 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 – Mar 07, 2021, 2:00 PM CST Last week, several Big Oil companies executives met at CERAWeek by IHS Markit energy conference to...Continue Reading
We Violence Continues To Plague Colombia’s Oil Industry | OilPrice.com Matt Smith Taking a voyage across the world of energy with ClipperData’s Director of Commodity Research. Follow on Twitter @ClipperData, @mattvsmith01 More Info Premium Content By Matt Smith – Mar 07, 2021, 12:00 PM CST There has long been an association between petroleum production, political...Continue Reading
Why Africa Hasn’t Kickstarted Its Renewable Energy Boom | 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 – Mar 07, 2021, 10:00 AM CST Africa has a solar energy potential of as much as...Continue Reading
Oil rallied toward $70 a barrel after OPEC+ chose not to relax supply curbs even as the global economy pulls out of its pandemic-driven slump, confounding widespread expectations the group would loosen the taps. SourceContinue Reading
Brent crude now trades above fiscal breakeven prices for the four biggest oil producers in the Middle East after Saudi Arabia convinced fellow OPEC+ members to keep output largely unchanged. SourceContinue Reading
Senator Ted Cruz is delaying William Burns’s confirmation as CIA director to demand that the Biden administration do more to halt the Nord Stream 2 gas pipeline, as Republicans seek to ramp up pressure now that construction has resumed. SourceContinue Reading
