Etiket: oil
Oil prices rebound
(New York) Oil prices rebounded Thursday, stabilizing in a volatile session, with investors looking for bargains after black gold hit a month-long low the previous day. Posted on November 18,…
Environment: new marine oil exploration permits sold in the United States
Four days after the end of the 26e United Nations climate conference (COP26), the United States has sold dozens of new oil exploration permits in the Gulf of Mexico. The…
World stock markets supported by falling oil prices
(Paris) The drop in oil prices was appreciated Thursday by the stock markets which, however, continue to ask questions about the levels of inflation and the response of central banks…
An oil company wants to relaunch exploration in the Gaspé
The Utica Resources company wants to relaunch oil exploration in the Gaspé and confirm its commercial potential, now that the courts have invalidated the refusal to drill by the Minister…
Oil drops despite favorable US stocks
(New York) Oil prices fell Wednesday to their lowest in almost two weeks, prices suffering from the strength of the dollar and still fears of a draw from the United…
José Rioli, olive oil producer
50 years. This is the age of the Rioli business. José is proud of this adventure created by his father. Even if the farmer no longer owns olive trees today…
Quebec will turn its back on fuel oil from 2024
(Quebec) The Legault government will ban the replacement of oil heating systems from 2024, a “breakthrough” gesture, says Environment Minister Benoit Charette. Posted on November 17, 2021 at 5:00 a.m.…
Oil in disarray against a robust dollar
(New York) Oil prices ended in dispersed order Tuesday, affected by the strong dollar but less worried about a possible withdrawal from US strategic reserves with a view, for the…
Rich Gulf oil countries rely on artificial intelligence
Dubai | The robots that roam the site of the World Expo in Dubai, United Arab Emirates, portend a new era in the Gulf where futuristic cities, based on artificial…
Oil is on the rise, the IEA sees a respite in prices
(London) Oil prices rebounded slightly on Tuesday in a market still worried about demand exceeding supply, although the International Energy Agency (IEA) believes that the recent surge in prices could…
Environment: UAE advocacy for oil and gas investments
The United Arab Emirates, among the world’s top crude exporters, on Monday called for continued investment in oil and gas, two days after a wire deal reached in Glasgow at…
Oil company wins case against Legault government
While the Legault government promises to put an end to oil and gas exploration in Quebec, the Court has just ruled in favor of a company which contested the refusal…
The oil market dictates the price of carbon
While governments fear taxing more carbon to discourage its use in the economy, the oil market sharply increases the price, ignoring the wrath of voters. Posted on November 15, 2021…
Auctions in favor of the oil industry in the United States
Following the end of the 26th United Nations climate conference (COP26), the US government will auction off new oil and gas exploration permits in the Gulf of Mexico on Wednesday.…
A world built around oil
There is almost a consensus on the question. To limit global warming to 1.5 ° C by 2100, oil production will have to be reduced. But the matter is simpler…
Oil in decline after monthly OPEC report mixed
(New York) Oil prices fell on Friday, weighed down by data from the Organization of the Petroleum Exporting Countries (OPEC) suggesting slower than expected growth in demand for black gold…
a coalition of ten states is being created to get out of oil and gas, but without constraint or timetable
A dozen governments and states including France created a coalition on Thursday 11 November to commit to deciding on the end of the exploitation and extraction of oil and gas,…
Transport | Café William with sail and without oil vapor
From 2023, Café William promises a green transport of its coffee beans from South and Central America. The roaster has just invested in a first zero-emission sailing cargo boat to…
Oil sector drilling activity is expected to grow in 2022
Drilling activity in the Canadian petroleum sector is expected to return to pre-pandemic levels in 2022, according to a new industry forecast. The Petroleum Services Association of Canada (PHAC) says…
Oil sector drilling activity is expected to grow in 2022
Drilling activity in the Canadian petroleum sector is expected to return to pre-pandemic levels in 2022, according to a new industry forecast. The Petroleum Services Association of Canada (PHAC) says…