According to Ed Crooks, Wood Mac’s vice chair for the Americas, Biden’s proposal would entail one of the most radical infrastructure overhauls in US history, particularly the aspect related to creating a carbon-free electricity system by 2035.  “The plan creates enormous opportunities: it could mean a seven-fold expansion of US onshore wind and utility-scale solar generation capacity, coupled...Continue Reading

Hedge Funds Boost Bullish Oil Bets | 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 – Oct 26, 2020, 2:00 PM CDT Portfolio managers increased their bullish bets on crude oil futures...Continue Reading

OPEC Chief Sees Still Anemic Oil Demand Recovery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 26, 2020, 1:30 PM CDT Global economic and oil demand recovery is still anemic, OPEC Secretary General Mohammad Barkindo said on Monday, but noted that the cartel doesn’t...Continue Reading

BP CEO: Second Wave Of COVID Hits Oil Demand Harder Than Expected | 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 – Oct 26, 2020, 1:00 PM CDT The second wave of...Continue Reading

Gulf Of Mexico Oil Drillers Evacuate Ahead Of Storm Zeta | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 26, 2020, 12:00 PM CDT Another storm is headed to the U.S. Gulf of Mexico this week, prompting oil and gas operators in the area to...Continue Reading

UK Armed Forces Storm Oil Tanker After Suspected Hijacking | 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 – Oct 26, 2020, 11:30 AM CDT The UK armed forces boarded an oil...Continue Reading

Brazil Becomes One Of China’s Top Oil Suppliers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 26, 2020, 11:30 AM CDT Brazil climbed to number three among China’s crude oil suppliers last month thanks to continued purchases by independent refiners, whose quotas for imported...Continue Reading

Oil Prices Fall As Libya Looks To Bring Back 1 Million Bpd | 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 – Oct 26, 2020, 11:00 AM CDT Libya’s crude oil production could reach...Continue Reading

Cenovus Buys Husky To Create New Canadian Oil Giant | 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 Related News By Irina Slav – Oct 26, 2020, 10:30 AM CDT Cenovus and Husky Energy have struck a deal to...Continue Reading

Saudi Energy Minister: Getting Rid Of Oil And Gas Is ‘’Unrealistic’’ | 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 – Oct 26, 2020, 10:00 AM CDT Getting rid of oil and...Continue Reading