Will Big Oil Use High Oil Prices To Go Green?
Estimate-beating profits and solid cash positions were marks of the first half of the year for Big Oil majors and for their smaller rivals, too. A strong rebound in fuel Continue Reading
April Non-OPEC Oil Output Declines
A post by Ovi at peakoilbarrel. Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIAʼs International Energy Continue Reading
Oman signs land deal for green hydrogen project with India’s ACME, report says
Oman has signed a land reservation agreement for a green hydrogen and ammonia project that Indian company ACME aims to set up in the Special Economic Zone at Duqm, Oman’s Continue Reading
Israel finds COVID-19 vaccine booster significantly lowers infection risk
A third dose of Pfizer (PFE.N) ‘s COVID-19 vaccine has significantly improved protection from infection and serious illness among people aged 60 and older in Israel compared with those who Continue Reading
Iran is ready to ship more fuel to Lebanon if needed, says Iranian official
Iran said on Monday it is ready to ship more fuel to Lebanon if needed, a day after the leader of Lebanon’s Iran-aligned Hezbollah group said more vessels carrying Iranian Continue Reading
Libyan Central Banker Pins Revival Hopes on Higher Oil Output
Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Libya needs to boost oil output by almost 40% of its current level in Continue Reading
Iran’s president says ‘a lot of possibilities’ for oil sales as nuclear talks stalled
Highlights Vote on new cabinet set for Aug. 24 July oil output was highest since April 2019 Oil products exports to take focus Iran has “a lot of possibilities” to Continue Reading
Lebanon raises fuel prices by 66% as it tries to ease shortages
The Lebanese government said on Sunday that it was raising gasoline prices by 66% in a partial reduction of fuel subsidies as it seeks to ease crippling shortages that have Continue Reading
Brazil Discusses Gas Pipeline From Vaca Muerta Shale With Argentina
Brazil is in talks with Argentina about potentially building a $5-billion natural gas pipeline from the Argentinian Vaca Muerta shale play, Brazilian President Jair Bolsonaro said during his weekly live Continue Reading
Investors See Green Hydrogen Advancing as China Signals Support
Chinese investors see potential for further gains in companies making equipment needed to produce or use green hydrogen, a clean energy source most governments are betting will help them meet Continue Reading