Charles Kennedy

Latest articles from Charles

• Exxon’s Deepest Guyana Oil Well Disappoints

  Published 17 November 2020 | viewed 15,758 times

  After a series of major oil discoveries offshore Guyana, ExxonMobil and partners found that the deepest well drilled so far offshore the Latin American country…

• Tesla Stock Soars After S&P 500 Addition

  Published 17 November 2020 | viewed 2,279 times

  Tesla will join the S&P 500 index in December after reporting five consecutive quarterly profits. "Tesla Inc. (NASD:TSLA) will be added to the S&P 500…

• Sudan To Offer 27 Oil Concessions In Global Bidding Round

  Published 16 November 2020 | viewed 3,351 times

  The government of Sudan plans to offer to investors concessions of 27 oil blocks in the country via a global bid, Acting Energy Minister Kheiri…

• U.S. Natural Gas Stocks Close To Record-High At Refill Season End

  Published 16 November 2020 | viewed 7,024 times

  Natural gas inventories in the United States ended the injection season between April and October 2020 close to the all-time high from 2016, the Energy…

• Michigan Order Enbridge To Shut Down Line 5

  Published 16 November 2020 | viewed 12,959 times

  Michigan’s Governor Gretchen Whitmer and the director of the state’s Department of Natural Resources have revoked Enbridge’s easement for the operation of the twin Line…

• Twitter Blocks Iran Oil Minister's Account

  Published 16 November 2020 | viewed 2,989 times

  Twitter has blocked the official account of Bijan Zanganeh, the Petroleum Minister of Iran, IRNA has reported. The U.S. government slapped sanctions Ion Zanganeh in…

• OPEC+ Compliance With Cuts At 101% Ahead Of Crucial Meetings

  Published 13 November 2020 | viewed 22,433 times

  The OPEC+ group complied 101 percent with the oil production cuts in October, keeping a high level of conformity ahead of the crucial meetings over…

• Libya’s Oil Production Exceeds 1.2 Million Bpd

  Published 13 November 2020 | viewed 4,365 times

  Oil production in Libya has already exceeded 1.2 million barrels per day (bpd), a source in Libya’s oil industry told Reuters on Friday, while this…

• PDVSA Chief Goes to Russia To "Deepen Ties"

  Published 13 November 2020 | viewed 3,663 times

  The head of Venezuela's state oil company PDVSA, Asdrubal Chavez, and Venezuelan vice-president and economy minister Delcy Rodriguez are visiting Russia today to "deepen strategic…

• Energy Has Become Bargaining Chip In Brexit Talks

  Published 12 November 2020 | viewed 4,965 times

  The European Union (EU) is conditioning the United Kingdom’s access to the EU energy market to Britain, making concessions on the fishing rights in British…

• U.S. Wind Capacity Additions Set To Surge To Record In 2020

  Published 12 November 2020 | viewed 7,674 times

  The United States is on course to see record-breaking 23 gigawatts (GW) of wind turbine capacity additions this year, smashing the previous record from 2012…

• African Oil Producers Face Slump In Production

  Published 12 November 2020 | viewed 2,945 times

  The five largest producers of crude oil in Africa face a combined production decline of 19 percent as a result of the pandemic’s effect on…

• EIA Sees WTI Crude Averaging $44 In 2021

  Published 12 November 2020 | viewed 7,513 times

  WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the…

• This Middle East Crude Is Becoming A Popular Benchmark For U.S. Oil Majors

  Published 11 November 2020 | viewed 4,627 times

  Chevron, Occidental, and oil trading giant Trafigura have agreed to explore the idea to price the light U.S. crude they export to Asia off the…

• Russia: It’s Too Early To Talk About Tweaking OPEC+ Deal

  Published 11 November 2020 | viewed 2,492 times

  Russia is not ready to discuss changes to the ongoing OPEC+ oil production cuts before the Joint Ministerial Monitoring Committee (JMMC) next week, Russia’s top…

• Oxy Becomes First U.S. Driller To Announce Net-Zero Plan

  Published 11 November 2020 | viewed 16,883 times

  Occidental Petroleum has become the first U.S. oil company to announce a plan to slash greenhouse gas emissions to net-zero by 2050. In a five-minute…

• U.S. Energy Related CO2 Emissions Drop

  Published 10 November 2020 | viewed 3,295 times

  U.S. energy-related carbon dioxide emissions dropped by 3 percent last year, offsetting a 3-percent increase in 2018, as a record-high share of low-carbon sources were…

• IEA: Renewables To Grow 7% In 2020

  Published 10 November 2020 | viewed 2,673 times

  Renewable power generation capacity will increase by 7 percent this year despite a 5-percent forecast decline in global energy demand, the International Energy Agency said…

• Oman Looks To Raise $3 Billion Through Its Largest Oil Block

  Published 09 November 2020 | viewed 10,601 times

  Middle Eastern oil producer Oman is looking to raise $3 billion in a debt issue next year via a new company expected to hold the…

• India Invites Foreign Firms To Invest In Its Strategic Petroleum Reserves

  Published 09 November 2020 | viewed 4,444 times

  India, the world’s third-largest oil importer, is inviting foreign energy companies to invest in its projects to expand its strategic petroleum reserve capabilities, Indian Oil…