Oil Pirates Are Dangerously Close To U.S. Waters
Piracy is an age-old problem in the energy industry, often seen in West Africa and other regions of the world. However, following the rise of the phenomenon during the 2020 Continue Reading
Analysis: Questions over AstraZeneca’s COVID-19 vaccine data risk delaying approval
Days after grabbing headlines with its COVID-19 “vaccine for the world”, AstraZeneca is facing tricky questions about its success rate that some experts say could hinder its chances of getting Continue Reading
Military’s Role in Vaccine Will Be Strictly Behind the Scenes, Despite Trump’s Claims
When President Trump talks about efforts to deliver the coronavirus vaccine to millions of Americans eager to return to their normal lives, he often says he is “counting on the Continue Reading
Baker Hughes Reports US Rig Rebound
The number of rotary drilling rigs operating in the United States rebounded this past week, according to Baker Hughes. The total number of rotary drilling rigs operating in the United Continue Reading
Analysis: Questions over AstraZeneca’s COVID-19 vaccine data risk delaying approval
Days after grabbing headlines with its COVID-19 “vaccine for the world”, AstraZeneca is facing tricky questions about its success rate that some experts say could hinder its chances of getting Continue Reading
UK Energy Giants Back Carbon Trading Over Carbon Tax
Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In a letter to Boris Johnson, Continue Reading
Another Oil Major Is Betting Big On Renewables
Spain’s oil major Repsol plans to reduce its oil business operations and increase five times its renewable energy portfolio by 2030 as part of its latest strategic plan unveiled on Continue Reading
Norway-based DNV GL halts Nord Stream 2 vessel work on US sanctions: spokesman
Highlights Had been engaged to verify technical integrity Follows new US guidelines on PEESA statute Latest setback for almost-complete pipeline London — Norway-based quality assurance company DNV GL will no Continue Reading
Oil Slips From 8-Month High With Rally Grinding to a Halt
Oil fell from an eight-month high as the dollar recovered, while disparities in demand set the stage for OPEC+’s key policy meeting next week. Futures in New York dropped 1.6%, Continue Reading
Oil Prices Surge Amid Weaker Dollar and Surprise Draw
Oil closed at an eight-month high amid a weakening dollar and optimism surrounding a surprise decline in U.S. crude supplies and recent breakthroughs on a Covid-19 vaccine. Futures in New Continue Reading