Page 5 of 7
News
view:
Links to the news articles will open in their original format as published by their providers. 
Top Oil Traders Predict Higher Prices This Year as Demand Grows   Jun 15, 2021
The world’s largest independent commodity traders see oil prices rising further this year as demand continues to grow and supply remains constrained. Yet as top executives from Vitol Group, Trafigura Group and Glencore Plc agreed on the direction of the crude market, Yahoo Finance  

Passive Income: How to Make $15 Per Day Starting in 2021   Jun 15, 2021
Passive investing is a tried and tested way to generate wealth from investment. But there is a way to earn $30 per day starting next month. The post Passive Income: How to Make $15 Per Day Starting in 2021 appeared first on The Motley Fool Canada. Yahoo Finance  

We’re experiencing ‘fear of missing out’ in the oil market: Analyst   Jun 15, 2021
Stephen Schork, The Schork Group Principal joins the Yahoo Finance Live panel to discuss the rise in crude oil prices reaching the highest price in nearly 3 years, pushing up gas prices. Yahoo Finance  

Soaring Demand Drives The Oil Prices Rally Higher   Jun 15, 2021
New Mexico’s oil production hit a record high in March 2021, averaging 1.16 mb/d, and natural gas output hit 6.19 Bcf/d. - The March increases were the largest monthly increases on record ... OilPrice  

Oil Rises to Highest Since 2018 as Traders Eye Further Rally   Jun 15, 2021
Oil climbed as a chorus of prominent traders in the crude market said prices will continue to rise after a nearly 50% rally so far this year.Futures in New York rose as much as 1.6% to the highest intraday level since 2018 on Tuesday. Yahoo Finance  

Chinese Gasoline Demand Is Driving Oil Prices Higher   Jun 15, 2021
Chinese gasoline demand played a key role in driving crude oil prices higher, with a 5 percent increase over the last pre-pandemic year OilPrice  

California Walking a ‘Tight Rope’ as Hydropower Supply Fades   Jun 15, 2021
The catastrophic drought that’s gripping the U.S. West is claiming a new victim: the hydropower dams that much of the region depends on for electricity supplies.Low water levels in key reservoirs mean that hydropower supplies are declining. Yahoo Finance  

CNBC Is Taking Its Events Business Global   Jun 15, 2021
From the ongoing global chip shortage to the lingering effect of the coronavirus pandemic, the agenda for Wednesday’s CNBC Evolve Global Summit is packed, to put it mildly. It's also the first global event for the business news network. Forbes  

The shipping industry just couldn't tackle COVID-19 disruptions, other shocks: expert   Jun 15, 2021
The coronavirus pandemic has triggered a shipping container crisis driven by strong booking activity and limited supply, according to Xeneta CEO Patrik Berglund. Yahoo Finance  

Global Rubber Process Oil Market to Reach $2.6 Billion by 2027   Jun 15, 2021
Abstract: - Global Rubber Process Oil Market to Reach $2. 6 Billion by 2027. - Amid the COVID-19 crisis, the global market for Rubber Process Oil estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$2. Yahoo Finance  

CONTANGO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Contango Oil & Gas Company - MCF   Jun 15, 2021
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Contango Oil & Gas Company (NYSE: MCF) with Independence Energy, Yahoo Finance  

ConocoPhillips to Host Market Update June 30   Jun 15, 2021
ConocoPhillips (NYSE: COP) will host a virtual market update on Wednesday, June 30 beginning at 9:00 a.m. Central time. The meeting will feature presentations by ConocoPhillips executives, including Chairman and Chief Executive Officer Ryan Lance. Yahoo Finance  

BP to Spin-Off Iraq Operations for Clean Energy Transition   Jun 15, 2021
BP's plan to spin off operations in Iraq is likely to provide the oil giant with more flexibility to invest in low-carbon energy and reduce its spending on oil and gas. Yahoo Finance  

Onboard Dynamics Launches the GoVAC™ Flex to Reduce Fugitive Methane Releases   Jun 15, 2021
Onboard Dynamics has responded to the critical need to reduce methane releases into the atmosphere with their latest product launch of the GoVAC™ Flex. This simple, mobile, fully integrated solution will provide operators of natural gas pipelines a tool to safely minimize their greenhouse gas (GHG) emissions during routine pipeline maintenance. Yahoo Finance  

Troubled Driller Transocean Latest Reddit Darling to Sell Shares   Jun 15, 2021
Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock price driven by the meme-stock frenzy and rising oil prices. Bloomberg  

Fate of Terra Nova oilfield reaches deadline, with decision expected today   Jun 15, 2021
After emergency debates and workers' protests, Suncor is expected to announce the future of the Terra Nova oilfield on Tuesday. CBC.ca  

Cenovus Energy Stock’s Rally May Just Be Getting Started   Jun 15, 2021
Cenovus Energy (TSX:CVE)(NYSE:CVE) stock is a great bargain for those light on commodity plays ahead of what could be long-lasting inflation. The post Cenovus Energy Stock’s Rally May Just Be Getting Started appeared first on The Motley Fool Canada. Yahoo Finance  

Popular Corsican beaches closed as oil pollution washes ashore   Jun 15, 2021
Five beaches have been closed on the French Mediterranean island of Corsica and an investigation is under way as heavy oil residue continues to contaminate the island’s south-eastern coast. Beaches in the Gulf of Porto-Vecchio, Yahoo Finance  

Equinor Awards Subsea Integration Alliance EPCI Contract for Bacalhau   Jun 15, 2021
Schlumberger announced today an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems (SPS) and subsea pipelines (SURF). Yahoo Finance  

Badger Infrastructure Solutions Ltd. June 2021 Cash Dividend and Upcoming Events   Jun 15, 2021
Badger Infrastructure Solutions Ltd. (“Badger”) is pleased to announce its June 2021 cash dividend and upcoming events. June 2021 Cash DividendBadger today announced that the directors of Badger declared a cash dividend for the month of June 2021 of $0. Yahoo Finance  

World’s Top Oil Traders See Prices Rising Further on Demand   Jun 15, 2021
Crude prices are likely to rise even higher this year due to growing demand, according to two of the world’s largest independent oil traders. Brent crude, the international benchmark, has already reached a two-year high of $73 a barrel in London and ... Bloomberg  

Oil Gains Above $71 as Traders See Prospects for Higher Prices   Jun 15, 2021
Oil traded above $71 a barrel as some of the most prominent voices in the market said they expect prices to continue to gain.West Texas Intermediate was 0.9% higher after ending Monday little changed. Yahoo Finance  

Dialogue welcomes Tim Hodgson to its board of directors   Jun 15, 2021
Canada's leading health and wellness virtual platform, announced today that Tim Hodgson will be joining the Company's Board of Directors. Bringing with him more than 15 years of board experience spanning multiple sectors, Yahoo Finance  

Montauk Renewables, Inc. Expands Dairy Digester RNG Project   Jun 15, 2021
Inc. (NASDAQ: MNTK) (the “Company”) announces the planned expansion of its dairy digester renewable natural gas (“RNG”) cluster project in Jerome, Idaho. The planned expansion is expected to be triggered by a recent amendment to the project’s feedstock arrangement, Yahoo Finance  

What Oil Companies Can Do to Cut the Demand for Oil   Jun 15, 2021
To meet global climate goals, oil majors will have to help reduce the extraction of their most important product Bloomberg  

Global Plastics for Passenger Cars Market (2021 to 2025) - Featuring BASF, Covestro and Exxon Mobil Among Others   Jun 15, 2021
The "Global Plastics Market for Passenger Cars Industry 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the plastics market for passenger cars industry and it is poised to grow by $16. Yahoo Finance  

South Sudan is Still Trying to Increase Oil Output and Refining   Jun 15, 2021
South Sudan is seeking to ramp up oil output and build refining capacity in an enduring effort to revive an economy that’s suffered from war and a global pandemic. Bloomberg  

The blowing agent market size is estimated to be USD 1.4 billion in 2021 and is projected to reach USD 1.9 billion by 2026, at a CAGR of 6.5%   Jun 15, 2021
The increasing polymeric foam application in industries such as packaging, automotive, building & construction, marine, transportation, appliances, bedding & furniture, and packaging industry is expected to drive the blowing agent market. Yahoo Finance  

MDM Permian, Inc.- Permian Basin And WTI   Jun 15, 2021
WTI breaks the $70.00 per barrel barrier. Last summer, during the height of the COVID outbreak, oil prices slipped to sub-zero numbers. This was due entirely to the worldwide shut down of businesses. Yahoo Finance  

Goldman Lifts Saudi Arabia’s Growth Forecasts as Oil Prices Rise   Jun 15, 2021
Goldman Sachs Group Inc. has raised its expectations for Saudi Arabia’s oil production and economic growth as crude prices rise well over $70 a barrel. Bloomberg  

Big Oil Must Work Harder to Slash Africa Emissions, WoodMac Says   Jun 15, 2021
Oil majors need to curb emissions in sub-Saharan Africa -- where almost half of their most polluting assets are located -- as investors demand greater efforts to slash carbon output, according to Wood Mackenzie Ltd. Bloomberg  

Explainer: Why is India losing sleep over record high vegetable oil prices?   Jun 15, 2021
India, the world's top importer of vegetable oil, will have to spend billions of extra dollars this year to buy more costly cooking oil from overseas and is mulling cutting taxes on those imports to soften the blow to the economy, Reuters  

Norway Activists Take Fight on Arctic Oil Drilling to European Court   Jun 15, 2021
Climate activists that failed in their attempt to stop oil and gas drilling in Norway’s Arctic are taking the case to the European Court of Human Rights. Bloomberg  

Exxon Won't Be Last Shock Win for Activists   Jun 15, 2021
An incursion into Exxon’s boardroom is more than a win for climate campaigners. It’s a template for activism on social issues too. Bloomberg  

'The People vs Arctic Oil': Climate activists target Norway at human rights court   Jun 15, 2021
Norwegian climate activists have asked the European Court of Human Rights (ECHR) to rule against Norway's plans for more oil drilling in the Arctic, the campaigners said on Tuesday, arguing the country's exploration deprives young people of their future. Reuters  

Biden looks to ease EU trade tensions ahead of Putin summit   Jun 15, 2021
President Joe Biden is seeking to tamp down trade tensions with European allies as he spends one last day consulting with western democracies ahead of his highly anticipated meeting with Russian President Vladimir Putin. Yahoo Finance  

Britain's biggest investor drops AIG, others from some funds over climate   Jun 15, 2021
Legal & General Investment Management, Britain's biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their "insufficient" response to the challenge of climate change, Reuters  

Oil up nearly 2% to multi-year highs on demand expectations   Jun 15, 2021
Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021. "With supply growth lagging demand growth in the near term, Yahoo Finance  

U.S. Shale Oil Production Set To Grow By 38,000 Bpd Next Month   Jun 15, 2021
U.S. shale oil production is set to grow by 38,000 bpd in July, reaching the highest output level since November of last year OilPrice  

InPlay Oil Corp. Announces Extension of Credit Facility   Jun 15, 2021
CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) -- (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from June 14, Yahoo Finance  

Oil rises as threat of immediate Iran supply recedes   Jun 15, 2021
Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Reuters  

Oil Holds Above $71 as Traders Weigh Consumption, Virus Variants   Jun 15, 2021
Oil traded above $71 a barrel as investors weighed the outlook for rising demand against extended anti-virus curbs in some economies, with officials tackling the challenge posed by more infectious variants. Bloomberg  

Could Energy Ties Bring Saudi Arabia's Conflict With Iran To An End?   Jun 15, 2021
The relationship between Saudi Arabia and Iran has been a central part of the instability in the Middle East in recent years, but energy deals are now making that relationship increasingly nuanced Crude Oil Prices  

Orca Energy Group Inc. announces Normal Course Issuer Bid and Appointment of Officer   Jun 14, 2021
TORTOLA, British Virgin Islands, June 14, 2021 (GLOBE NEWSWIRE) -- ("Orca" or the "Corporation") announces its intention to commence a Normal Course Issuer Bid (the "Bid") for purchase of its Class B Subordinate Voting Shares ("Class B Shares") through the facilities of the TSX Venture Exchange (the "Exchange") and alternative trading systems in Canada. Yahoo Finance  

BP Plans To Spin Off Its Iraqi Oil Assets Into Separate Company   Jun 14, 2021
BP is considering spinning off its oil assets in Iraq, including its holding in the world’s third-largest oilfield, into a company separate from the supermajor, which has set its sights on investing more in clean energy in coming years, OilPrice  

Two Top Commodity Traders Bet Big On The Future Of Oil   Jun 14, 2021
While there have been plenty of projections and predictions that oil will soon be extinct, two of the world’s largest commodity traders are betting on oil’s future OilPrice  

Supreme Court Tosses Big Oil Appeal To Move Climate Lawsuit To Federal Court   Jun 14, 2021
The U.S. Supreme Court has tossed out the appeal by five big oil companies to move lawsuits filed against them to federal court Crude Oil Prices  

Middle East Oil Prices Rise As Global Demand Recovers   Jun 14, 2021
Middle East oil producers have increased their OSPs for July, with Saudi Arabia raising its light and medium grades by a shocking 10-50 cents per barrel as oil demand returns OilPrice  

China’s Robust Oil Demand Recovery Underpinned By Gasoline Surge   Jun 14, 2021
China’s meteoric rebound from the Covid-19 pandemic has been a source of strength for global oil demand, and a close look at domestic trends reveals that cars have underpinned the recovery. Bloomberg  

Petrus Resources Announces Extension to Credit Agreements   Jun 14, 2021
Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its senior revolving credit facility agreement from June 14, Yahoo Finance  

Page 5 of 7