Shell Beats Estimates And Rivals In Strong Q1
Royal Dutch Shell ( NYSE: RDS.A ), one of the last supermajors to report Q1 earnings, was the one that stood out among the crowd with better-than-expected results, as its Continue Reading
UK Needs ‘’Urgent Change’’ In Politics To Reduce Carbon Footprint
In the wake of the Extinction Rebellion riots that led to more than a thousand arrests with people gluing themselves to buildings and vandalizing the Shell HQ, a panel has Continue Reading
Fresh Russian crude flows into Belarus as Urals clean-up work continues
Russian crude entering Eastern Europe via Belarus has been restored to normal quality more than a week after a major contamination incident halted flows of the key Urals oil exports Continue Reading
U.S. Natural Gas Exports To Europe Soar Nearly 300% In Nine Months
U.S. exports of liquefied natural gas (LNG) to Europe have surged by 272 percent since July 2018, when the United States and the European Union (EU) pledged to boost their Continue Reading
Crude oil futures open lower after US crude build; market awaits impact of Iran sanction waivers expiration
Crude oil futures were lower during mid-morning trade in Asia Thursday amid a build reported in last week’s US crude inventory, while market participants were awaiting for the impact from Continue Reading
Oil prices fall as U.S. output hits record; global markets still tense
Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles. Outside the United States, however, oil markets remained tense as exemptions Continue Reading
Oil Falls On Soaring U.S. Crude Inventories
Crude oil traded lower today after the Energy Information Administration reported a substantial build in crude oil inventories, at 9.9 million barrels for the last week of April. The report Continue Reading
Economists: Higher Oil Prices Here To Stay
Economists have jacked up the projection for U.S. light crude to average $60.23 per barrel in 2019 from a $58.92 forecast in March in the second and most bullish upwards Continue Reading
High-Cost Oil Faces Existential Risk
The world is not going to run out of oil. There is plenty of it. In fact, there is likely way more oil than we need, and much of it Continue Reading
How The Renewable Revolution Is Reshaping Geopolitics
The World Economic Forum (WEF) said last week that offshore wind energy is one of the most underused resources, with less than one-tenth of wind power based offshore . However, Continue Reading