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Month: June 2021

Category:
  • Shale Oil

Exxon’s shale output per well slips as total production rises -report

Exxon Mobil Corp (XOM.N) ‘s oil wells in part of a marquee U.S. shale field generated fewer barrels per well as it ramped up overall spending and production, according to Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Electric Cars

CEC report finds California needs 1.2M public and shared EV chargers by 2030; 73k installed to date

New analysis from the California Energy Commission (CEC) shows the state will need nearly 1.2 million public and shared chargers by 2030 to meet the fueling demands of the 7.5 Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon’s board shakeup could force review of billions of dollars in spending

The recent overhaul of Exxon Mobil Corp’s (XOM.N) board of directors could shift billions of dollars in spending and strategy over several years, but any changes likely will take time, Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • United Kingdom

U.K. to Ban Halogen Light Bulbs From September in Green Push

The U.K. will ban the sale of halogen light bulbs in September as part of a shift toward LED-only lighting from 2023 to curb emissions. The transition to LED bulbs — Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Shell

Shell Vows to Speed Up Emissions Cuts in Wake of Court Ruling

Royal Dutch Shell PLC said it would accelerate its efforts to cut its carbon emissions in the wake of a Dutch court ruling last month ordering the oil giant to take Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Europe

Delta-EE: Europe tracking to 2.7 GW of operational hydrogen electrolyzer capacity by 2025; well short of EU target

A new study by Delta-EE , a specialist new energy research & consulting company, has found that the total announced project capacity of the rapidly growing European hydrogen electrolyzer market Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Norway

The World’s Electric-Car Capital Is Having Nasty Fights Over Oil

In one of the greenest cities in the world, where electric cars abound and almost all carbon emissions will be eliminated within a decade, the debate about climate change is Continue Reading

Posted On : 10 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil prices hit fresh highs on bullish EIA outlook while US-Iran talks drag

Crude oil futures hit fresh multiyear highs during midmorning Asia trade June 9 as the US Energy Information Administration forecast a decline in global oil inventories in the second half Continue Reading

Posted On : 9 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Climb As API Report Adds To Bullish Sentiment

The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 2.108-million barrels for the week ending June 4. Analysts had predicted a draw of 2.036 Continue Reading

Posted On : 9 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Could Reach $80 This Summer, But There’s A Catch

After having a year to forget in 2020, the energy sector has this year emerged as the best-performing of all 11 U.S. market sectors. Energy Select Sector is up 46.2% Continue Reading

Posted On : 9 Jun 2021 Published By : Tom Whipple

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