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Alrighty thing. Still. The biggest thing that remains? #LNG prices, and the big rally going on there.
Nice analysis here from @BenjaminMallet @dmitryZ_reuters @j3ssi3 https://www.reuters.com/article/lng-majors/analysis-oil-majors-beat-traders-gas-rivals-to-cash-in-on-lng-price-spike-idUSL8N2JR0JJ
Nice analysis here from @BenjaminMallet @dmitryZ_reuters @j3ssi3 https://www.reuters.com/article/lng-majors/analysis-oil-majors-beat-traders-gas-rivals-to-cash-in-on-lng-price-spike-idUSL8N2JR0JJ
Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike. They have the most pull in this business worldwide, because they can draw from multiple sources of gas. #OOTT #LNG #naturalgas
Separately, we knew this was coming, but incoming President Biden plans on revoking the presidential permit for the Keystone XL pipeline, the massive Canada-to-US oil line that has been on-and-off for 15 years. https://www.reuters.com/article/us-usa-biden-keystone/canada-scrambles-to-salvage-keystone-xl-as-biden-prepares-to-kill-troubled-pipeline-project-idUSKBN29N1MQ
TC Energy, the Canadian owner of the project, tried to mollify the US with some new green-related initiatives, but that may have been too little, too late.
#OOTT #shale #EFT
#OOTT #shale #EFT
KXL is intended to carry 830K bpd from Alberta to Nebraska but has run into fierce opposition from U.S. landowners, Native American tribes and environmentalists. #OOTT
"Lost in the noise yesterday was new sustainability initiatives announced for the project with stated goals of zero emission upon in-service in 2023 and operations to be fully powered by renewable energy by 2030," write analysts at TPH, in a morning comment. #OOTT
