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Month: September 2021

Category:
  • Prices

Oil drops after OPEC+ reaffirms supply return as demand wavers

 Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Climbs With Ida’s Impact in Focus While Dollar Retreats

Oil futures in New York closed near $70 a barrel for the first time in nearly a month, with investors wagering that the market can absorb additional supply from OPEC+ Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Prices

Natural Gas Prices Are Soaring Despite U.S. Production Records

The benchmark U.S. natural gas price has nearly doubled over the past year. The front-month Henry Hub contract jumped from $2.406 per million British thermal units (MMBtu) at the beginning Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • LNG

Buyers of long-term LNG ask sellers for extra cargoes – sources

Liquefied natural gas (LNG) buyers with long-term contracts are asking their suppliers for extra volumes of the super-chilled fuel pegged to oil prices which are currently much lower than spot Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Hydrogen

Is Blue Hydrogen The Key To Reaching ESG Goals?

In the previous article , I discussed the growing importance of Environmental, Social, and Corporate Governance (ESG) for companies. Perhaps no industry has a higher visibility on ESG metrics than Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • OPEC

OPEC Boosts Output as Some Members Left behind

OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up. (Bloomberg) — OPEC boosted crude production Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Carbon Trade

Could The Emissions Market Outgrow The Oil Market?

In July this year, a group of asset managers with $6 trillion in assets under management called for a global price on carbon emissions. Even earlier, last December, another asset Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Iraq

Iraq, TotalEnergies Close to Signing Deal on Oil, Solar Projects

The government of Iraqi and TotalEnergies SE are close to finalizing an accord that will trigger billions of dollars of investments aimed at boosting oil and gas production and reducing Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • China
  • Iran

Iran’s New Oil Minister Discusses Oil Developments With China’s CNPC

Iran’s new Oil Minister, Javad Owji, met on Thursday with a top official from the China National Petroleum Corporation (CNPC) in Tehran to discuss cooperation and expansion of bilateral relations. Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: New Law Will Make Nigeria’s Petroleum Industry Attractive to Investors

Nigeria’s journey to the Petroleum Industry Act started in 2000 under President Olusegun Obasanjo, who inaugurated an oil and gas sector reform implementation committee. The committee’s report formed the basis Continue Reading

Posted On : 3 Sep 2021 Published By : Tom Whipple

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