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Category: Oil & Gas

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February 16, 20210

US oil demand is emerging after months of Covid paralysis

Bloomberg / New York US oil demand is finally starting to emerge from the grips of pandemic after months with Asia serving as the lone brig

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February 16, 20210

Rosneft Returns to Profit, Signaling 2020 Dividend Payments

Russian oil giant Rosneft PJSC returned to profit in the fourth quarter of 2020 after signing a multibillion dollar deal to sell a share of its Vostok

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January 24, 20210

Total quits US oil lobby over climate policies

Reuters /London Total yesterday became the first major energy company to quit the main US oil and gas lobby due to disagreements over its c

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January 18, 20210

Freight Boom Fires Buffett Trains, Maersk Ships and Oil Prices

(Bloomberg) -- A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand. During the depths of China’s corona

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January 17, 20210

Exxon Signals Historic Fourth Consecutive Loss on Demand Hit

(Bloomberg) -- Exxon Mobil Corp., which is struggling to maintain a $15 billion-a-year dividend program, indicated it incurred a fourth straight quart

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January 17, 20210

The Cleanest Fossil Fuel Is Set for a Post-Pandemic Rebound Read more at: https://www.bloombergquint.com/global-economics/lng-is-back-on-path-to-global-dominance-after-pandemic-pause Copyright © BloombergQuint

(Bloomberg) -- Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramat

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January 17, 20210

OPEC+ Treads a Narrow Path as Demand Outlook Weakens Again

Producers need to maintain supply restraint amid a sluggish recovery if they’re to shrink stockpiles The light at the end of the tunnel isn’t getti

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January 8, 20210

U.S. petroleum stocks nearing normal after wild 2020

Total stocks of crude and products, excluding oil stored in the strategic petroleum reserve, ended the year 6% above the seasonal average for the prev

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December 14, 20200

Oil Rises From the Ashes as the Big Coronavirus Recovery Trade

Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market that’s been grinding its way back out of a dee

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December 12, 20200

IGU stresses key role of natural gas in world’s sustainable energy future

The International Gas Union (IGU) has welcomed analysis in the International Energy Agency’s latest World Energy Outlook (WEO), demonstrating the vita

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