OILPRICE
- OILPRICE ( Middle East ) 2021/2/22
The Texas storm has exposed an energy grid ill-prepared for climate change, with electric grid regulators now saying that the United States...
- OILPRICE ( Middle East ) 2021/2/22
In 2019, 97-year-old John B. Goodenough received the Nobel Prize for his groundbreaking work on developing lithium-ion batteries His discove...
- OILPRICE ( Middle East ) 2021/2/22
Global natural gas demand is set to return to pre-crisis levels as early as this year and will continue to rise in the coming years, thanks...
- OILPRICE ( Middle East ) 2021/2/21
Spanning the nearly unthinkably vast expanse of the Pacific ocean, all across the 5,355 miles of ocean between the West Coast of the United...
- OILPRICE ( Middle East ) 2021/2/21
We’ve all heard about campaigns urging institutions, wealthy individuals, and world leaders to divest from fossil fuels. On the surface, it...
- OILPRICE ( Middle East ) 2021/2/21
The endless flood of both central bank and fiscal stimulus means that hundreds of billions of liquidity - to the tune of approximately 0.7%...
- OILPRICE ( Middle East ) 2021/2/21
After months of neglect from traders, oil became a hot commodity again this month as Brent surged over $65 a barrel and WTI topped $60 for t...
- OILPRICE ( Middle East ) 2021/2/21
Although the novel coronavirus has wreaked havoc on many sectors of the global economy, leaving double the people unemployed in the United S...
- OILPRICE ( Middle East ) 2021/2/20
Small oil producer New Zealand has halted exploration of a potentially major oil field in the wake of the Covid-19 pandemic and increased re...
- OILPRICE ( Middle East ) 2021/2/20
The Covid-19 downturn has once again caused employment rates to plummet in the oil and gas industry. Even though some uptick is expected w...
- OILPRICE ( Middle East ) 2021/2/20
As Texas is hit hard by a severe winter storm, bringing snow and freezing temperatures, Bitcoin mining farms go offline as the currency’s va...
- OILPRICE ( Middle East ) 2021/2/20
The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million...
- OILPRICE ( Middle East ) 2021/2/20
The Texas Railroad Commission may not have the authority to enforce the Texas Governor’s mandate to ban natural gas exports out of the state...
- OILPRICE ( Middle East ) 2021/2/19
Oil prices have fallen back below $60 but remain at levels not seen since January 2020.In this week's Global Energy Alert, our investing tea...
- OILPRICE ( Middle East ) 2021/2/19
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week. The total number of acti...
- OILPRICE ( Middle East ) 2021/2/19
Texas power grid operator "ERCOT" officials lift emergency conditions today. They said, "we have left the last stage of emergency operations...
- OILPRICE ( Middle East ) 2021/2/19
Mexico’s Pemex reported its oil production grew last year, for the first time in fifteen years. However, there’s a big catch—the increase wa...
- OILPRICE ( Middle East ) 2021/2/19
The pandemic shock to demand and the energy transition strategies are set to bring peak crude and natural gas production for Big Oil in 2028...
- OILPRICE ( Middle East ) 2021/2/19
While Texans are struggling to keep the lights and the heating on, gas producers in the Lone Star state, or at least those whose wellheads d...
- OILPRICE ( Middle East ) 2021/2/19
Ford Motor Company became the latest automaker to target an all-electric lineup, saying on Wednesday that it would move to all-electric pass...
- OILPRICE ( Middle East ) 2021/2/19
Oil prices extended Thursday’s losses into Friday morning as power returned in most of Texas, and oil producers were preparing to begin rest...
- OILPRICE ( Middle East ) 2021/2/19
Mexico’s President Andres Manuel Lopez Obrador has urged people to reduce their power consumption amid a shortage caused by the Texas deep f...
- OILPRICE ( Middle East ) 2021/2/19
From the pariah of industries last year, energy has become a Wall Street darling once again. In the year to date, energy has gained 17 perce...
- OILPRICE ( Middle East ) 2021/2/19
Mexico’s billion-dollar oil hedge to protect next year’s revenues against oil price volatility is getting an upgrade—and the new Hacienda He...
- OILPRICE ( Middle East ) 2021/2/19
The narrative this week has quickly shifted from stimulus hopes, vaccines, and virus mutations to what is now known as the Texas Freeze--and...