www.planji.cn http://www.planji.cn/rss/main The latest news and headlines Sun, 07 Feb 2021 01:44:26 -0600 Why Big Oil Isn’t Worried About Biden’s Executive Orders http://www.planji.cn/Energy/Energy-General/Why-Big-Oil-Isnt-Worried-About-Bidens-Executive-Orders.html oilprice-article-26011 In late 2019, as various candidates jockeyed to win the Democratic nomination for president, Elizabeth Warren made the statement that she would “ban fracking everywhere.” It was just the kind of hollow campaign promise that I loathe, and I explained why that was an unrealistic promise. Then Joe Biden came along and pandered to the same crowd Warren was trying to impress. He promised “no new fracking”, but once again I explained why that promise wouldn’t be fulfilled. Now that President Biden has issued a pair of executive… Sat, 06 Feb 2021 17:00:00 -0600 Robert Rapier China Has Just Launched The World's Largest Carbon Market http://www.planji.cn/Energy/Energy-General/China-Has-Just-Launched-The-Worlds-Largest-Carbon-Market.html oilprice-article-26010 For many years, China sacrificed environmental stewardship at the altar of economic growth, adopting a growth-at-all-costs strategy. The economy-first mentality helped Beijing lift 850 million of its citizens from dire poverty but also made the country the biggest emitter of greenhouse gases. However, that has been rapidly changing under president Xi Jinping who has vowed to adopt more stringent environmental policies as he seeks to temper the hardline stance that dominated previous administrations. Shortly after Xi Jinping's election in 2013,… Sat, 06 Feb 2021 16:00:00 -0600 Alex Kimani Can Nuclear Power Make A Comeback This Decade? http://www.planji.cn/Alternative-Energy/Nuclear-Power/Can-Nuclear-Power-Make-A-Comeback-This-Decade.html oilprice-article-26009 2020 will go down in the history of energy as one of the worst examples of the global economy swiftly tanking in almost complete unison, virtually every region has suffered dreadfully from the manifold impacts of coronavirus. If one is to assess the global energy impacts of 2020 it becomes evident that every single type of fuel has declined last year except for renewables and biomass. Almost every single sector of economy – agriculture, industrial, commercial and residential – has seen its aggregate consumption drop, only the petrochemicals… Sat, 06 Feb 2021 14:00:00 -0600 Viktor Katona UAE’s Energy Ambitions Extend Far Beyond Oil http://www.planji.cn/Energy/Energy-General/UAEs-Energy-Ambitions-Extend-Far-Beyond-Oil.html oilprice-article-26008 If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted. Abi Dhabi is responding to the new energy outlook by pushing significant investments in oil and gas forward to meet the recent surge in demand, while also introducing a clear clean energy strategy.? Over the last year, Abu Dhabi National Oil Co. (ANODC) attracted foreign investments totalling $17 billion, as well as increasing oil output to over 4 million bpd. Following a year of success… Sat, 06 Feb 2021 12:00:00 -0600 Felicity Bradstock Is This The Tipping Point For Electric Vehicle Adoption? http://www.planji.cn/Energy/Energy-General/Is-This-The-Tipping-Point-For-Electric-Vehicle-Adoption.html oilprice-article-26007 New research shows that in 2020, a total of 134.5 GWh of battery capacity was deployed globally into newly sold passenger electric vehicles, with an additional up to 40 GWh already in sales channels and automaker assembly lines. In 2020, a total of 134.5 GWh of passenger EV battery capacity was deployed globally into newly sold passenger BEVs, PHEVs and HEVs, an increase of 39.6% over the year prior, according to a bottom-up model-by-model analysis by Adamas Intelligence, which tracks demand for EV batteries by chemistry, cell supplier and capacity… Sat, 06 Feb 2021 10:00:00 -0600 www.planji.cn Fossil Fuels Aren’t Going Anywhere http://www.planji.cn/Energy/Energy-General/Fossil-Fuels-Arent-Going-Anywhere.html oilprice-article-26012 “There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other executives from the industry, Simonelli acknowledged and welcomed the energy transition, but he noted that a 100-percent renewable energy scenario was simply not possible. There is plenty of evidence this is indeed the case, despite the hopes and ambitions of many environmental advocates. These hopes and ambitions imagine a world where… Fri, 05 Feb 2021 18:00:00 -0600 Irina Slav Is There An Oil Price Correction Coming? http://www.planji.cn/Latest-Energy-News/World-News/Is-There-An-Oil-Price-Correction-Coming.html oilprice-news-26012 Even as Baker Hughes reported a rise in the number of active drilling rigs in the United States on Friday, oil prices continued to see gains on Friday afternoon. At 4:19pm EDT, WTI crude was still up 1.32% on the day at $56.97. Brent was still up over 1% on the day, at $59.44—dangerously close to the $60 psychological threshold for the benchmark. Last week at this time, the spot price for Brent was just $55.04. The near $5 gain is due to a combination of factors, including a large crude oil inventory decrease in the United States, continuing… Fri, 05 Feb 2021 17:00:00 -0600 Julianne Geiger Oil Major Total Buys Texas Solar Projects http://www.planji.cn/Latest-Energy-News/World-News/Oil-Major-Total-Buys-Texas-Solar-Projects.html oilprice-news-26011 France’s oil and gas supermajor Total is buying four large-scale solar power projects plus battery storage assets in Texas, with which it plans to meet the electricity demand of all its industrial sites in the United States, including the Port Arthur refining and petrochemicals platform and La Porte and Carville petrochemical sites. The French oil major, which has been boosting its renewable electricity portfolio and has been signing lots of power purchase agreements (PPAs) for green energy in recent months, is buying the four solar projects… Fri, 05 Feb 2021 14:30:00 -0600 Tsvetana Paraskova Experts: A New Iran Nuclear Deal Seems Unlikely http://www.planji.cn/Geopolitics/International/Experts-A-New-Iran-Nuclear-Deal-Seems-Unlikely.html oilprice-article-26006 A key complicating factor in the ‘if and when’ conjecture over the U.S. and Iran re-opening talks on the Join Comprehensive Plan of Action (JCPOA) in light of the new incumbent at the White House, President Joe Biden, is that Iran has its own Presidential Election scheduled for 18 June this year. With current President, Hassan Rouhani, constitutionally prohibited from running due to his having already served two terms in the top job, this Presidential Election will essentially be a referendum on whether the Iranian people want to stick… Fri, 05 Feb 2021 14:00:00 -0600 Simon Watkins Shell May Re-evaluate Oil Operations Onshore Nigeria http://www.planji.cn/Latest-Energy-News/World-News/Shell-May-Re-evaluate-Oil-Operations-Onshore-Nigeria.html oilprice-news-26010 Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief executive Ben van Beurden said this week. “Our onshore oil position, despite all the efforts we put in against theft and sabotage, is under challenge,” van Beurden told reporters, as carried by Reuters, after Shell reported another set of weak Big Oil results affected by the pandemic.? “But developments like we are still seeing at the moment mean that we have to… Fri, 05 Feb 2021 13:30:00 -0600 Charles Kennedy Oil Surges Towards $60 http://www.planji.cn/Energy/Energy-General/Oil-Surges-Towards-60.html oilprice-article-26005 Brent is closing in on $60 per barrel for the first time since January 2020, fueled by declining inventories in the U.S. and China and production constraints Friday, 5 February, 2021 Brent is closing in on $60 per barrel for the first time since January 2020. Crude inventories in both China and the U.S. declined this week, offering more evidence of a tightening market. “The physical market is also looking increasingly tight,” said Eugen Weinberg, head of commodities research at Commerzbank AG. Shell profits drop, but boosts dividend.… Fri, 05 Feb 2021 13:00:00 -0600 Tom Kool U.S. Rig Count Jumps Amid Rising Oil Prices http://www.planji.cn/Energy/Energy-General/US-Rig-Count-Jumps-Amid-Rising-Oil-Prices.html oilprice-article-26004 Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 8 last week. The total number of active oil and gas rigs in the U.S. is now 392—or 398 less than this time last year. The oil and gas rig count has risen for eleven weeks in a row for a total gain of 82. The oil rig count increased by 4 this week, and the number of gas rigs also rose by 4. The number of miscellaneous rigs remained unchanged. The EIA’s estimate for oil production in the United States for the week ending January 29 was 10.9… Fri, 05 Feb 2021 12:12:00 -0600 Julianne Geiger Energy Commodities Rally: Oil Nears $60, Natural Gas Jumps Above $3 http://www.planji.cn/Energy/Oil-Prices/Energy-Commodities-Rally-Oil-Nears-60-Natural-Gas-Jumps-Above-3.html oilprice-article-26003 Oil prices were closing in toward $60 a barrel early on Friday, set for the biggest weekly gain since October, while the U.S. natural gas price jumped above $3 per million British thermal units (MMBtu) as a cold snap sweeps across the United States. As of 9:14 a.m. ET on Friday, WTI Crude prices were up 1.30 percent at $57.02, while Brent Crude was trading at $59.60 per barrel, up 1.22 percent on the day and nearing the $60 threshold. ?? Supported by a tightening market and increased risk appetite, oil prices were on track on Friday to… Fri, 05 Feb 2021 11:30:00 -0600 Tsvetana Paraskova South Korea To Build World’s Largest Offshore Wind Farm http://www.planji.cn/Energy/Energy-General/South-Korea-To-Build-Worlds-Largest-Offshore-Wind-Farm.html oilprice-article-25997 South Korea will invest some $43 billion in constructing what is to be the world’s largest offshore wind farm, Reuters reports, adding that the project should be completed by 2030. The plan is part of the country’s Green New Deal that seeks to transition South Korea to a more sustainable energy future. “With this project, we are accelerating the eco-friendly energy transition and moving more vigorously toward carbon neutrality,” President Moon Jae-in said at the signing ceremony for the 8.2-GW project, which will help the… Fri, 05 Feb 2021 11:00:00 -0600 Irina Slav Oil Prices Rally Towards $60 http://www.planji.cn/Energy/Oil-Prices/Oil-Prices-Rally-Towards-60.html oilprice-article-25998 U.S. West Texas Intermediate crude oil futures rose to their highest levels in nearly a year on Friday with Brent traders zeroing in on the psychological $60 a barrel level on economic revival hopes led by strong compliance with the planned output cuts by OPEC+. Also contributing to the gains were a government report that showed another draw in crude stockpiles,? optimism over a speedier U.S. economic recovery on the prospect of additional stimulus from Washington and a successful rollout of the U.S. vaccination program. OPEC+ Sticks with… Fri, 05 Feb 2021 11:00:00 -0600 Jim Hyerczyk yellow高清在线观看