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Home2021April

Month: April 2021

Coal

Putin calls for Russian greenhouse gas emissions to be lower than EU’s

April 22, 2021 Andy Del Prado

MOSCOW: President Vladimir Putin said on Wednesday he wanted Russia’s total net greenhouse gas emissions to be less than the European Union‘s over the next 30 years, a goal he described as tough but achievable. Russia is the […]

Precision Drilling -ENB
Earnings

Precision Drilling Corporation Announces 2021 First Quarter Unaudited Financial Results

April 22, 2021 Andy Del Prado

CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks […]

Regulations

The White House Briefing Room: U.S. International Climate Finance Plan

April 22, 2021 Tracey Woods

President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad (E.O. 14008, signed January 27, 2021) called for the preparation of a Climate Finance Plan (herein “Plan”).  This Plan – the first of its […]

International News

Arab Gulf Countries Announced $10 Billion In New Oil And Gas Projects In Q1

April 22, 2021 Andy Del Prado

The Arab Gulf countries announced as much as US$10 billion worth of new projects in the oil and gas sector during the first quarter of 2021, out of the total US$32.3 billion projects in all […]

Crude Oil News

Oilfield Services Company Turn To Tech To Boost Profitability

April 22, 2021 Andy Del Prado

Artificial intelligence, the cloud, robots – these are concepts and products we associate with the IT industry. But there is one notoriously traditional, slow to innovate industry that is now determined to make it part […]

Crude Oil News

Rystad Energy Sees Oil Demand Peaking In 2026

April 22, 2021 Andy Del Prado

The accelerating adoption of electric vehicles (EVs) and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 million barrels per day (bpd), which would be just […]

International News

Amazon Becomes Europe’s Largest Corporate Buyer of Renewable Energy

April 22, 2021 Andy Del Prado

SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Downstream

Planned refinery outages unlikely to affect U.S. transportation fuel supplies

April 22, 2021 Andy Del Prado

According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly in transportation fuels including […]

Crude Oil News

Surprise Crude Build Pushes Oil Prices Down

April 22, 2021 Andy Del Prado

The American Petroleum Institute (API) on Tuesday reported a build in crude oil inventories of 436,000 barrels for the week ending April 16. Analysts had predicted a draw of 2.860 million barrels for the week. In the […]

Crude Oil News

Oil giant BP aims to cut natural gas flaring in the Permian Basin to zero by 2025

April 22, 2021 Andy Del Prado

A global oil and gas giant sought to eliminate most flaring in the next five years, led by a facility in the Permian Basin. BP announced it was moving toward zero routine flaring, or the burning […]

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