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1 day Houthis Claim Drone Attack On Saudi Aramco Oil Facility 1 day Two-Thirds Of Americans Are Interested In Electric Vehicles 1 day Venezuela Ups Domestic Oil Refining, Hurting Crude Exports 2 days Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low 2 days China Pledges To Start Cutting Coal Consumption In 2026-2030 2 days Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages 2 days Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil 2 days Iran Exports 500,000 Bpd Despite Sanctions 2 days Mexico Congress Passes Controversial Pro-Pemex Bill 3 days U.S. Cancels All Q2 Oil, Gas Lease Sales ....
OPINION: Pemex retrenchment provides Mexico with an opportunity to rethink energy policy upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
TC Energy Looks to Complete Tula-Villa de Reyes Pipeline This Year TC Energy Corp. expects to complete construction of the 886 MMcf/d Tula-Villa de Reyes pipeline in Mexico during 2021. The construction timetable is subject to the “timely reopening of government agencies,” executives said last Thursday during a fourth quarter earnings call. Executives cited the coronavirus as impacting the project. Upon completion, TC plans to phase-in service. The 261-mile line would connect to TC’s operating Tamazunchale pipeline, and to the Tuxpan-Tula pipeline, whose construction has been held up by a pending indigenous consultation process by Mexican Energy Ministry Sener. President Andrés Manuel López Obrador has said in the past he would ask TC to seek an alternative route for the 56-mile middle section of Tuxpan-Tula because of local objections. ....
A push by the Mexican government to strengthen state control over the energy sector by promoting state-owned companies could result in higher electricity prices ....
Jobless claims worse than expected as pandemic-related filings surge (SPY +0.2%). DOW records new historic high then slips to the unchanged line. Here is the current market situation from CNN Money North and South American markets are mixed today. The Bovespa is up 1.09% while the S&P 500 gains 0.18%. The IPC is off 0.46%. What Is Moving the Markets Here are the headlines moving the markets. IEA: OPEC+ To Further Ease Cuts Amid Quickly Drawing Oil Stocks While the oil market rebalancing looks fragile in the first quarter of 2021, global oil stocks are expected to rapidly draw down in the second half of this year as demand rises, setting the stage for OPEC+ to ease production cuts even if higher prices tempt producers from outside the group to boost output, the International Energy Agency (IEA) said on Thursday. This year, world oil demand is expected to grow by 5.4 million barrels per day (bpd) compared to 2020, the agency said in its closely-watched Oi ....