New Delhi: Global oil prices will climb above $70 per barrel around mid-2021 as improved supply and demand fundamentals beginning May lead to substantial stock draws through to August, according to S&P Global Platts. The research firm said […]
By Chen Aizhu, Shu Zhang, Sabrina Valle SINGAPORE/Rio de Janeiro, Brazil (Reuters) – China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, […]
CALGARY, AB – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Anegada Oil Corp. (“Anegada“), a privately held pure play Charlie […]
DiamondBack Energy Inc on Monday raised its full-year production outlook as the shale oil and gas producer accounted for its acquisition of rival QEP Resources and benefited from a recovery in crude prices. Commodity prices are picking up […]
Mumbai: India’s first Floating Storage and Regasification Unit (FSRU) has arrived at H-Energy‘s Jaigarh Terminal in Maharashtra. In a statement, H-Energy said the FSRU ‘Hoegh Giant’, which sailed from Keppel Shipyard, Singapore, was berthed at Jaigarh terminal in Maharashtra […]
By Nia Williams CALGARY, Alberta (Reuters) -New York’s state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the […]
By Devika Krishna Kumar NEW YORK (Reuters) -Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said. […]
by Nermina Kulovic ADNOC Logistics & Services (ADNOC L&S), a shipping and maritime logistics arm of ADNOC, has acquired two additional Very Large Crude Carriers (VLCC). Less than two months ago, ADNOC acquired six VLCCs, adding a […]
By Annie Lee (Bloomberg) — Hong Kong’s CLP Holdings Ltd. is looking offshore to help meet a growing need for renewable energy, as limited land supply in the city poses a challenge to building clean-power […]
Policymakers who ignore nuclear energy are not serious about meeting climate goals, delegates said at an Atlantic Council webinar last week. The first in the Raising Ambitions series, the event highlighted the attributes of this clean source […]
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