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Month: August 2021

Category:
  • Natural Gas Supply
  • Russia

Russia’s Gazprom points to ‘increased load’ on system during maintenance period

Winter preparation work ‘cannot be paused’: Gazprom August deliveries comparable to normal winter demand Gazprom production up by 18.1% in year to date Russia’s Gazprom said Aug. 16 that high Continue Reading

Posted On : 17 Aug 2021 Published By : Tom Whipple
Category:
  • Electric Cars

EV startups hunt for low-cost roads to mass production

Electric car and van startups racing to become the next Tesla Inc (TSLA.O) all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle firms such as UK Continue Reading

Posted On : 17 Aug 2021 Published By : Tom Whipple
Category:
  • Hydrogen
  • United Kingdom

UK government launches first Hydrogen Strategy

The UK government has launched a Hydrogen Strategy intended to create a thriving low-carbon hydrogen sector—blue and green—in the UK over the next decade and beyond. The UK’s first Hydrogen Continue Reading

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

Crude oil futures fall as investors wary of delta variant spread

Crude oil futures were lower during mid-morning Asian trade Aug. 16 as investor concerns over the fast-spreading delta variant resurfaced amid restrictive movement curbs in oil-consuming giant China and a Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Extends Retreat as Delta Takes Toll on China and Markets Dip

Oil sank for a third consecutive day as Chinese economic data disappointed and the spread of the delta coronavirus variant hurt prospects for global demand. West Texas Intermediate slumped as Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices drop amid faltering demand outlook in China

Oil prices fell more than 1% on Monday, dropping for a third session after official data showed that refining throughput and economic activity slowed in China in an indicator that Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Aramco Is in Advanced Talks on Up to $25 Billion Reliance Deal

Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd. ’s oil refining and chemicals business, people with knowledge of the matter Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • India

Indian Fuel Sales Recovery Largely Intact as Delta Ravages Asia

Indian fuel consumption recovery largely held up in the first half of August, a rare positive for oil demand as the delta virus variant led to curbs on movement in Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • Australia

BHP Considers Sale of $15 Billion-Valued Petroleum Business

The world’s biggest mining company is plotting a new future. It wants to focus solely on mining. BHP Group Ltd. said it is considering selling its oil-and-gas business in what Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple
Category:
  • Colombia

Colombia’s Oil Industry Faces Major Uncertainty

Post-FARC peace treaty violence is at an all-time high with 2021 on track to be the most violent year in Colombia in a decade. Massacres and violent crimes, including the Continue Reading

Posted On : 16 Aug 2021 Published By : Tom Whipple

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