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Month: February 2021

Category:
  • Natural Gas Supply

Texas Governor mandates gas to be offered to power producers before leaving state

Texas Governor Greg Abbot has ordered all sourced natural gas in Texas be made available to local power generators before leaving the state, according to an official correspondence sent by Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Autonomous Cars

Torc Robotics selects AWS as preferred cloud provider for self-driving truck fleet

Torc Robotics has selected Amazon Web Services (AWS), Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage, and compute capacity as the Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream

U.S. lawmakers ask Blinken for briefing on Nord Stream 2 natgas pipeline

Several U.S. Representatives on Wednesday raised pressure on the State Department to share plans on potential sanctions on the Nord Stream 2 natural gas pipeline Russia is racing to finish Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Ford to go all electric in Europe by 2030

Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • OPEC

Insight from Moscow: Russia’s strong economic position among OPEC+ members underpins its negotiating power

In early 2021 Russia secured an increase to its oil output quota under the OPEC+ agreement for February and March, the latest sign that Russia’s comparatively strong economic position is Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

US to continue to monitor Nord Stream 2 activity, sanctions ‘applicability’

Highlights Pipelaying work for 55 Bcm/year line continues Uncertain timeline for completing Nord Stream 2 Signs of detente between Washington, Berlin London — The US remains on standby to impose Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Prices

Oil extends rally on Texas supply disruptions

Oil prices advanced further on Wednesday, underpinned by major supply disruption in the south of the United States this week, caused by a historic winter storm in Texas.   U.S. West Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Prices

WTI Stays Above $60

 Oil held above $60 a barrel in New York while gasoline futures surged as a deepening energy crisis in the U.S. crippled the petroleum industry. U.S. benchmark crude rose from Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Prices

Gas at One U.S. Hub Is Trading at $999. Last Week It Was at $4

A polar blast in the central U.S. has pushed natural gas prices at one trading hub up 24,000% from a week ago. Supply for next-day delivery at the Oneok Gas Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Prices

Oil settles near 13-month highs; Texas deep freeze supports

 Oil prices settled near 13-month highs on Tuesday, supported by a deep freeze in the U.S. South that shut wells and oil refineries in Texas. Prices have been buoyant for Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple

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