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Oil, Gas, And Fracking News Reads: 28February 2021


Here are some more selected news articles for the week ending 27 February 2021. Go here for Part 1.
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Global Economic Intersection every Monday evening or Tueday morning.
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Looks Like We Made It - Propane and the 2021 Deep Freeze; Where Are We Now? Here in Texas, the snow is melting, the power is back on, and some of us even have drinkable water. We ll be dealing with the aftermath of the 2021 Deep Freeze for months, and talking about the insane natural gas and power prices for as long as gas and power markets exist. One thing you have not heard much about during these crazy few days is propane. And given what we ve been through, no news is good news. Sure, it was impossible to exchange a tank at the local Quickie Mart, and there were sporadic reports of delayed propane deliveries and local shortfalls. But even up in the coldest Midwest states, there we ....

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Iraq decides to freeze oil prepayments deal on rising oil prices


Brent crude has been trading above $60 a barrel recently.
Asked about the status of the prepayment crude oil deal, Abdul Jabbar said: “With the start of this year and the economic stability resulted from boosted oil prices, we decided to freeze this option.”
Chinese state oil trader Zhenhua Oil Corp had emerged as the frontrunner in a tender to buy Iraqi crude for five years after it submitted the “most competitive bid” in the tender held by Iraq’s state oil marketer SOMO that attracted participation from international oil companies, trading houses and Chinese and Indian refiners.
OPEC member Iraq was seeking a five-year prepayment starting January 2021 until December 2025 to be repaid with cargoes of its Basra crude, according to a letter sent by state oil marketer SOMO to its customers and seen by Reuters. ....

Ihsan Abdul Jabbar , Abdul Jabbar , Iraq Oil , Zhenhua Oil Corp , Oil Minister Ihsan Abdul Jabbar , இசன் அப்துல் ஜபார் , அப்துல் ஜபார் , இராக் எண்ணெய் , எண்ணெய் அமைச்சர் இசன் அப்துல் ஜபார் ,

L'Irak gèle l'accord de prépaiement de pétrole face à la montée des prix

L'Irak gèle l'accord de prépaiement de pétrole face à la montée des prix
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Ihsan Abdoul Djabbar , Zhenhua Oil Corp , Iraq Then , Ahmed Rasheed Baghdad , The Gallery Share ,