Jet fuel and petrochemicals are expected to fuel crude demand this decade. Moreover, oil demand in the transport sector is set to peak by 2026. This is one year earlier than originally anticipated. Goldman Sachs believes oil demand will peak in 2026. Then, BP Plc believes the highest global demand growth is already over. Now, […]
Owning mitigation credits is an incredible way to diversify your wealth for a worthy cause. Mitigation banking helps keep our country’s wetlands healthy and abundant. Is your mitigation credit has significantly raised in value? Are you simply not in it for the money? If yes then they are sellable for other personal assets. In the […]
By now, those of you who read about my top New Year’s stock pick, Recon Africa, will have learned that this small-cap explorer may have just moved one giant step forward in Namibia’s Kavango Basin. Beyond my wildest imagination, this small-cap explorer set out to drill three wells to prove up the existence of indicators […]
Has peak oil demand already come and gone? That’s an exceptionally hard question to answer. There are some experts that say unequivocally, yes. They claim that peak oil is already upon us, thanks to the crushing blow that the Covid-19 pandemic dealt to global oil demand as well as the ever-escalating worldwide transition toward clean […]
Over the past 60 years, U.S. oil production has seen its ups and downs. From the decline that began in 1970 through the fracking boom of the 2000s, U.S. presidents have overseen a wide range of oil production changes. As I have explained previously, a president often benefits from the actions of his predecessor. For […]
Foreign property is exciting to purchase, but can often be excruciating to sell. Depending on the country in which you’ve invested, you may be seeing a huge developmental gain. You may also see a staggering financial loss if the time has come to sell your foreign property. That’s why knowing all about the right process […]
U.S. oil production remains about 2 million bpd lower than its pre-pandemic levels. Still, methane emissions are already back to their levels from before the coronavirus. Worrying as this is in itself, it could also threaten energy companies’ long-term growth prospects because investors’ priorities are changing. What investors want from oil and gas now is […]
Owning your own vacation home can be a paradise. This is true for those fortunate enough to invest in a second home or apartment. A second home provides a great source of income. Moreover, you can enjoy any time of the year when guests are not around. Of course, if the right opportunity comes, selling […]
Iranian oil potentially returning legitimately to the market. It will not be a shock. The complete return will not take place at least until the summer of next year. This is from the statement of Goldman Sachs says as the U.S. is taking part in indirect talks about the so-called Iran nuclear deal. “With OPEC+ […]
There are signs that the crisis engulfing Venezuela’s shattered petroleum industry could start to ease. In a recent televised address, Venezuela’s President Nicolas Maduro stated that Venezuela was open for oil investment from the U.S. and around the world. That coupled with earlier plans to open the Latin American country’s state-controlled petroleum industry to private […]
