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Article Archive | Page 2

Is Amazon As Green As It Claims To Be?

Feb 04, 2021 at 16:05

On Tuesday, Amazon released an 8,000-word press release chock-full of revelations about the company, including Jeff Bezos’ official resignation as chief executive office…

Qatar Loses Interest In Europe’s LNG Market

Feb 04, 2021 at 15:07

Qatar could not have a better start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following…

Cold Weather Pushes Gas Prices Above $3

Feb 04, 2021 at 13:40

The weather doesn’t always follow traders’ hopes and expectations. However, it sometimes exceeds them. December and January saw a surge in natural gas prices in Asia as a…

Shell Sees Return To ‘Normal’ Oil Demand In 2022

Feb 04, 2021 at 13:02

Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday as the supermajor reported another set…

Rallying Oil Prices Are A Headache For Airlines

Feb 04, 2021 at 12:01

As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to…

The COVID-19 Pandemic Has Upended Global Energy Investment Trends

Feb 04, 2021 at 10:27

The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of…

How The Coup In Myanmar Will Impact Energy Markets

Feb 04, 2021 at 10:08

Myanmar’s military coup has become Asia’s most significant political development in 2021 so far. In many ways, the coup brought back memories of times long gone – Aung San Suu…

Shell’s Profits Plunge 87% In 2020

Feb 04, 2021 at 09:12

Anglo-Dutch supermajor Shell reported a profit of 4.85 billion for 2020, down 87 percent on the year, from $16.46 billion booked for 2019. While the result was negatively affected…

How High Will Oil Prices Go This Year?

Feb 03, 2021 at 17:28

Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hit and moved past…

These Stocks Could Soar As The U.S.-China Electric Vehicle War Heats Up

Feb 03, 2021 at 16:59

Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one…

The Single Biggest Threat To Big Oil

Feb 03, 2021 at 16:28

About a week ago, alternative energy plays scored crucial wins seemingly at the expense of the oil and gas sector after President Biden ramped-up his radical climate agenda…

China Is Fueling The Global Crude Oil Demand Recovery

Feb 03, 2021 at 13:19

The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support…

Does The World Have Enough Energy To Support The EV Boom?

Feb 03, 2021 at 12:06

First things first: electric vehicles are greener than conventional gas- and diesel-powered internal combustion engines no matter how you slice it. Even if 100 percent of your EV’s…

The Global Wind Energy Industry Is Set To Explode In 2021

Feb 03, 2021 at 11:50

Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of…

A Renewable Energy Waste Crisis Is Looming

Feb 03, 2021 at 11:43

It turns out that the falling costs of solar panels is a double-edged sword for the environment. As photovoltaic technology becomes more affordable and therefore more widespread, some…

Argentina's Shale Boom Is Competing With The Best

Feb 03, 2021 at 11:30

The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded…

Another Oil Giant Joins The Blockchain Bandwagon

Feb 03, 2021 at 11:24

As oil majors rally from last year’s dip in demand and price, most are looking for new technologies to ensure the safety of their future. Driving down costs…

Big Oil Books One Of Worst Years On Record

Feb 03, 2021 at 09:51

Big Oil recorded one of its worst years in history because of the coronavirus pandemic that pushed their financial results deep into negative territory. Earlier this week, BP reported…

Oil Prices Inch Lower On EIA Crude Inventory Report

Feb 03, 2021 at 09:44

Crude oil prices fell slightly today after the Energy Information Administration reported a crude oil inventory draw of 1 million barrels for the last week of January. Fuel inventories…

China’s Oil Storage Levels Are Falling In Early 2021

Feb 03, 2021 at 09:04

Crude oil inventories in China have accelerated their decline in recent weeks, Bloomberg reported on Wednesday, quoting data analytics company Kayrros. At this time last year, Chinese stocks stood…

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