Energy Transition Could Be Delayed by High Metal Prices, Warns IEA
Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.
What’s Affecting Oil Prices This Week? (May 3, 2021)
The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.
Natural Gas Prospects Lose Steam as Renewables Gather Pace
A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.
What’s Affecting Oil Prices This Week? (April 26, 2021)
Surging COVID-19 cases in India have renewed concerns about the oil market recovery and forecasted demand growth, says Stratas Advisors in its latest oil price forecast.
The Latest
Liquefied Natural Gas (LNG)
Total Presses Ahead with Papua LNG, Sees 2023 Investment Decision
The project had been delayed due to the pandemic.
Business
Energy Transition Could Be Delayed by High Metal Prices, Warns IEA
Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.
Exploration & Production
Brazil’s Petrobras to Offer Gas Contracts Tied to US Henry Hub Benchmark
Petrobras will start offering contracts backed by the U.S. Henry Hub reference price, in addition to contracts indexed to the international Brent oil benchmark, the company said in a statement.
Crude Oil
What’s Affecting Oil Prices This Week? (May 3, 2021)
The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.
Liquefied Natural Gas (LNG)
Sources: LNG Cargoes Diverted from India Amid COVID Crisis
Weakened demand has led to six tankers being diverted to Asia, Europe and Kuwait.
Investment
Berkshire Hathaway Defends $8 Billion Proposal to Build Natural Gas Plants in Texas
Berkshire Hathaway in March proposed building 10 natural gas-powered plants that would supplement the capacity of the Electric Reliability Council of Texas (ERCOT), which provides electricity to most of the state.
Business
Oil and Gas Investor At Closing: The Hotly Contested Energy Future
The hottest debate in the energy world is not about how hot the globe is becoming; it is about the future of energy itself.
Private Equity
PE-backed 61C Global to Open Houston Office Following Recent Acquisitions
The acquisitions of Vega Energy Partners and WGL Midstream follow the sale of AltaGas’ U.S. transportation and storage business to an entity owned by 61C Global and Vega for roughly $275 million on April 23.
Liquefied Natural Gas (LNG)
Natural Gas Prospects Lose Steam as Renewables Gather Pace
A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.
Exploration & Production
What’s Next for the Global Oil Market?
Energy experts at Rice University’s Baker Institute share insight on OPEC+, U.S. shale and global oil demand.