OILPRICE
- OILPRICE ( Middle East ) 2021/2/1
U.S. oil prices above $50 a barrel are helping the shale patch to generate more cash flow, especially after the massive capital spending cut...
- OILPRICE ( Middle East ) 2021/2/1
We’ve known for decades that in order to curb the impact of perpetually rising carbon emissions, we would have to radically disrupt the mach...
- OILPRICE ( Middle East ) 2021/2/1
Who will become the world’s first trillionaire? New York Times journalist Kara Swisher thinks it might just be someone in green technology…...
- OILPRICE ( Middle East ) 2021/1/31
Elon Musk and his merry band of executive vice presidents had plenty of advice for the mining and metals industry at the company’s Battery D...
- OILPRICE ( Middle East ) 2021/1/31
Earlier this month, something happened in Europe. It didn’t get as much media attention as the EU’s massive funding plans for its energy tra...
- OILPRICE ( Middle East ) 2021/1/31
As companies and governments across the globe search for alternative fuel options, as part of long-term green energy plans, e-fuels are bein...
- OILPRICE ( Middle East ) 2021/1/31
Despite the devastating downturn of 2020, most global majors held up quite well during the market turmoil, a Rystad Energy comparative analy...
- OILPRICE ( Middle East ) 2021/1/31
President Biden’s decision to ax the controversial Keystone XL pipeline, which had been approved by his predecessor, is a tremendous blow fo...
- OILPRICE ( Middle East ) 2021/1/30
Whilst much of the Caspian is struggling to come out of COVID-induced hibernation, Azerbaijan and Turkmenistan settling one of the region’s...
- OILPRICE ( Middle East ) 2021/1/30
It’s hard to believe, but electricity stocks used to be revered by investors the way FANGMAN stocks are today. To be more precise, they were...
- OILPRICE ( Middle East ) 2021/1/30
As dozens of countries across the globe focus on reducing emissions and improving environmental practices, recent studies show that abandone...
- OILPRICE ( Middle East ) 2021/1/30
Due to the coronavirus restrictions and lockdowns, global consumption of petroleum and other liquid fuels crashed by 9 percent to 92.2 milli...
- OILPRICE ( Middle East ) 2021/1/29
New vaccines from both Johnson & Johnson and Novavax have added to bullish sentiment in oil markets as hopes of a return to normal grow.With...
- OILPRICE ( Middle East ) 2021/1/29
The Hague Court of Appeal ordered Shell on Friday to compensate Nigerian farmers for two oil spills in the country 13 years ago, in the firs...
- OILPRICE ( Middle East ) 2021/1/29
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 6 to 384. The oil and gas rig count has ris...
- OILPRICE ( Middle East ) 2021/1/29
Oil prices rose by more than 1 percent early on Friday, supported by expectations of a tightening market ahead and a weaker U.S. dollar. As...
- OILPRICE ( Middle East ) 2021/1/29
The oil industry is finally recovering from COVID, with prices over $50 - and have been climbing. But it probably won’t be the barely profi...
- OILPRICE ( Middle East ) 2021/1/29
A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associate...
- OILPRICE ( Middle East ) 2021/1/29
It’s the oddest of odd couples, yet understandable. According to a Reuters exclusive, the U.S. oil industry is teaming up with the U.S. corn...
- OILPRICE ( Middle East ) 2021/1/29
Tesla will increase the capacity of its gigafactory in Shanghai to 450,000 cars this year from the current 250,000 as the vehicles produced...
- OILPRICE ( Middle East ) 2021/1/29
An oil company producing the equivalent of 70 barrels of oil daily surged in value almost 1,000 percent to $128 million thanks to a surge in...
- OILPRICE ( Middle East ) 2021/1/29
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark--G...
- OILPRICE ( Middle East ) 2021/1/29
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark--G...
- OILPRICE ( Middle East ) 2021/1/29
Saudi Aramco, the world’s largest oil company, is about to make headlines again. In a surprise statement by Saudi Crown Prince Mohammed bin...
- OILPRICE ( Middle East ) 2021/1/29
Rising oil benchmarks and rebounding share prices: two things Big Oil majors had all but forgotten last year. Yet helped by OPEC+ and Big Ph...