Компании, добывающие нефть, разбились на враждующие лагеря teknoblog.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from teknoblog.ru Daily Mail and Mail on Sunday newspapers.
Oil Down on OPEC, China Concerns, As Kemp Sees A Stutter In The Bull Run
by Ship & Bunker News Team
Monday March 1, 2021 But Hess Corp sees fossil fuel demand rising for at least another decade: File Image/PixaBay Even though it wasn t much of a concern to analysts in the recent weeks it became a news topic of debate, the likelihood that the
Organization of the Petroleum Exporting Countries (OPEC) and its allies would soon increase oil output caused a more than
1 percent drop in crude prices on Monday. Trading was also negatively influenced by reports that
China s factory activity growth slipped to a nine-month low in February.
Oil leaders clash over fuel s future at virtual CERAWeek
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What is the future of fossil fuel? The debate continued during the first day of CERAWeek on Monday.Eddie Seal / Bloomberg
Oil and gas executives clashed over the future of fossil fuels during Monday’s kickoff of CERAWeek by IHS Markit, a major Houston energy conference held virtually for the first time this year that draws thousands of energy leaders and professionals from around the world.
The chief executives of London-based BP and Netherlands-based Royal Dutch Shell touted their efforts to transform their century-old oil and gas businesses into clean energy leaders, while chief executives of New York-based Hess Corp. and Madrid-based Repsol said they remained confident that fossil fuel demand will continue to grow with the world’s population.
CERAWEEK: Fossil fuel demand seen growing through 2030s: panels | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Oil executives say demand will rise, despite emphasis on renewables
Oil demand is expected to rise over the next decade and the fossil fuel will remain to be a crucial part of the energy mix, even as renewables draw increasing attention, Hess Corp Chief Executive John Hess said at CERAWeek.
At the biggest gathering of top energy leaders, investors and politicians from around the globe, climate change and renewable fuels are taking center stage this year with oil companies trying to reorient their portfolios as the fossil fuel industry reels from the coronavirus pandemic, which destroyed fuel demand and caused the loss of thousands of jobs.