OIL PRICES: CONTINUED TO DECLINE
- Monthly average crude oil prices continued to decline during November. The average domestic crude oil first purchase price fell $7.76 (9.8 percent), to $71.07 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil dropped $6.04 (7.9 percent), to $70.80 per barrel. The average landed cost of foreign crude oil declined $7.35 (9.1 percent), to $73.48 per barrel.
- The average refiner acquisition cost for domestic crude oil fell $9.65 (11.1 percent), to $77.08 per barrel. The average cost of imported crude oil…
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2021, January, 21, 14:14:007TH MOZAMBIQUE MINING, OIL & GAS AND ENERGY CONFERENCE AND EXIBITION
Since 2008 MMEC has been covering the key developments, policies and projects in Mozambique’s extractive industries. It has become an important networking platform for all stakeholders by showcasing the huge opportunities in the Mining, Energy and Oil & Gas sectors and their ramification on the national economy.
2021, January, 21, 14:10:00U.S. NUCLEAR DEVELOPMENT
The U.S. nuclear energy industry pulled out some big wins in 2020,
2021, January, 21, 14:05:00ENERGY TRANSITION INVESTMENT $500 BLN
In 2020, global investment in the low-carbon energy transition totalled $501.3 billion, up from $458.6 billion in 2019 and just $235.4 billion in 2010.
2021, January, 21, 14:00:00AKER, MAINSTREAM ACQUISITION €900 MLN
Mainstream Renewable Power is the largest independent developer in Chile and has significant assets in Africa.
2021, January, 21, 13:55:00AUSTRALIA'S SANTOS PRODUCTION +18%
Record annual production of 89 mmboe, 18% above the prior year and at the top end of upgraded guidance provided in December
2021, January, 21, 13:50:00TC ENERGY DISAPOINTED
TC Energy Corporation announced it is disappointed with the expected action to revoke the existing Presidential Permit for the Keystone XL pipeline.
2021, January, 20, 14:50:00OIL PRICE: ABOVE $56 ANEW
Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.