OILPRICE
- OILPRICE ( Middle East ) 2021/2/5
Lucid Air, a luxury electric sedan, is set to hit markets this spring, with a price tag of $169,000 in what some see as a direct challenge t...
- OILPRICE ( Middle East ) 2021/2/5
South Korea will invest some $43 billion in constructing what is to be the world’s largest offshore wind farm, Reuters reports, adding that...
- OILPRICE ( Middle East ) 2021/2/5
Chinese state oil and gas company CNOOC will boost its capital spending this year to the highest in seven years, thanks to a 5-percent incre...
- OILPRICE ( Middle East ) 2021/2/5
The value of mergers and acquisitions (M&As) in Canada jumped in the fourth quarter of 2020, thanks to the blockbuster deal between Cenovus...
- OILPRICE ( Middle East ) 2021/2/5
Oil prices are unlikely to soar much above the $60 per barrel mark, considering that this price level would incentivize a lot of oil supply,...
- OILPRICE ( Middle East ) 2021/2/5
Rallying oil prices are testing once again the U.S. shale patch’s resolve to spend within their means and prioritize profitability over prod...
- OILPRICE ( Middle East ) 2021/2/5
Norway’s oil fund, as the world’s biggest sovereign wealth fund is commonly known, will expand its scrutiny for possible corruption at natio...
- OILPRICE ( Middle East ) 2021/2/5
Want to get rich quick while playing a part in fighting climate change? Then consider investing in green energy sectors that have been minti...
- OILPRICE ( Middle East ) 2021/2/5
Alberta, Canada’s oil heartland, may seek compensation from the United States after newly inaugurated President Joe Biden moved to nix the K...
- OILPRICE ( Middle East ) 2021/2/5
On Tuesday, Amazon released an 8,000-word press release chock-full of revelations about the company, including Jeff Bezos’ official resignat...
- OILPRICE ( Middle East ) 2021/2/5
Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and en...
- OILPRICE ( Middle East ) 2021/2/5
Denmark will build an artificial island in the North Sea, which will serve as a wind energy hub eventually capable of meeting the electricit...
- OILPRICE ( Middle East ) 2021/2/5
As many as 175 solar manufacturers and power companies, including Tesla and Duke Energy, pledged on Thursday to create supply chain traceabi...
- OILPRICE ( Middle East ) 2021/2/4
Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday a...
- OILPRICE ( Middle East ) 2021/2/4
The weather doesn’t always follow traders’ hopes and expectations. However, it sometimes exceeds them. December and January saw a surge in n...
- OILPRICE ( Middle East ) 2021/2/4
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a ye...
- OILPRICE ( Middle East ) 2021/2/4
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe...
- OILPRICE ( Middle East ) 2021/2/4
Myanmar’s military coup has become Asia’s most significant political development in 2021 so far. In many ways, the coup brought back memorie...
- OILPRICE ( Middle East ) 2021/2/4
India’s Petroleum Minister Dharmendra Pradhan has warned that higher oil prices could interfere with global economic recovery in the latest...
- OILPRICE ( Middle East ) 2021/2/4
The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fir...
- OILPRICE ( Middle East ) 2021/2/4
Anglo-Dutch supermajor Shell reported a profit of 4.85 billion for 2020, down 87 percent on the year, from $16.46 billion booked for 2019. W...
- OILPRICE ( Middle East ) 2021/2/4
The Supreme Court of Mexico ruled against proposed changes to how the country’s electricity market is regulated, saying they would prioritiz...
- OILPRICE ( Middle East ) 2021/2/4
Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hi...
- OILPRICE ( Middle East ) 2021/2/4
About a week ago, alternative energy plays scored crucial wins seemingly at the expense of the oil and gas sector after President Biden ramp...
- OILPRICE ( Middle East ) 2021/2/4
Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While...