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Month: May 2021

Category:
  • Total

French oil giant Total rebrands in shift to renewables

Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move. However, Continue Reading

Posted On : 28 May 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices dip on concerns about possible return of Iranian supply

Oil prices fell on Thursday but stayed within the tight range set this week, with optimism about the summer driving season in the United States and Europe offsetting concerns on Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Declines as Investors Await Outcome of Critical Iran Talks

Oil fell below $66 a barrel amid concern the market could encounter additional Iranian barrels if sanctions on the Persian Gulf producer are lifted. West Texas Intermediate futures declined, with Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Prices

Crude falls as stronger dollar outweighs bullish EIA data

 Crude oil futures were lower during the mid-morning trade in Asia May 27 as a stronger US dollar dampened demand, outweighing the bullish sentiment generated by the data from the Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Continue Ascent in Midweek Trading

Oil climbed to the highest in more than a week as shrinking crude inventories and further signs of a demand pick-up in the U.S. countered concerns around the prospect of Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Bounce Back On Bullish Inventory Data

A day after the American Petroleum Institute reported a minor crude draw that nevertheless strengthened prices, the Energy Information Administration confirmed a draw, at 1.7 million barrels for the week Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • coronavirus

Immunity to the Coronavirus May Persist for Years, Scientists Find

Immunity to the coronavirus lasts at least a year, possibly a lifetime, improving over time especially after vaccination, according to two new studies. The findings may help put to rest Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Climate

Climate activists hail breakthrough victories over Exxon and Shell

Big Oil has suffered a climate backlash after a court-ordered Royal Dutch Shell to aggressively slash carbon emissions and ExxonMobil shareholders backed an activist investor that said the supermajor faced Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Climate

Big Oil’s Climate-Change Takedown Arrives With Stunning Rebukes

Fresh from striking a hammer blow in the boardrooms of the world’s biggest oil companies, the climate movement has a clear message: the energy transition is happening and there’s no Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Climate

Climate: World at risk of hitting temperature limit soon

Reuters It’s becoming more likely that a key global temperature limit will be reached in one of the next five years. A major study says by 2025 there’s a 40% Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple

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