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Month: June 2021

Category:
  • Germany

German climate plan draft looks to raise 2030 solar, wind targets

Leaked draft targets 150 GW solar, 95 GW onshore wind Little impact, with budget approval only after elections Coalition already doubled 2022 tenders to 10 GW Germany’s government is considering Continue Reading

Posted On : 5 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Climbs Near Highest Since 2018 With More Iran Talks Expected

Oil crept higher with prices trading near their highest level since 2018. Futures in New York erased earlier losses to trade above $69 a barrel. A significant draw in American Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil rises towards $72 on demand prospects

Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about patchy COVID-19 vaccination rollout around the Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Barely End Winning Streak

Oil was virtually unchanged as a stronger dollar weighed broadly across commodities, while traders assessed rising fuel stockpiles in the U.S. Futures in New York lost two cents on Thursday, Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil rises as demand picture improves and suppliers keep supply tight

Oil prices rose for a third day on Thursday on expectations of a surge in fuel demand later this year, particularly in the United States and Europe and China, at Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Blackrock: Investors Cannot ‘’Run Away’’ From Oil Industry

BlackRock, the world’s largest asset manager, will continue to work with oil and gas firms in order to help them through the energy transition, Reuters quoted chief executive Larry Fink Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Agriculture
  • USA

Global food prices post biggest jump in decade

Global food prices have surged by the biggest margin in a decade, as one closeh watched index jumped 40 percent in May, heightening fears that the inflation initially stoked by Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Russia’s Lukoil ‘happy’ to resume talks on Iranian projects once US sanctions lifted

Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted, Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Iran
  • USA

US State Department sees longer road ahead for Iran talks, lifting sanctions

Highlights Deal may have to wait for Iran’s June 18 election Platts Analytics sees full US sanctions relief by Q3 The US State Department signaled June 3 that indirect talks Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • East Asia

Are Regional Companies Ready To Dominate South Asian Oil Markets?

Hibiscus Petroleum Bhd. is set to take over Repsol’s operations in Malaysia and Vietnam as the Spanish company sells its exploration and production assets in a move away from Malaysia Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple

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