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  • Fate of Dakota Access pipeline at stake at Friday court hearing

    From reuters.com

    The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental review. The market has been increasingly worried about a possible shutdown as the White House aims to reduce the nation’s reliance on fossil fuels and address concerns of minority communities harmed by carbon emissions. Biden’s administration has restricted oil-and-gas leasing on federal lands and cancelled permits for the proposed Canada-to-U.S. Keystone XL line and a U.S. Virgin Islands ... (full story)

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    IMF: Weakening fiscal balance sheets biggest concern for emerging markets beyond 2021

    From think.ing.com|Apr 8, 2021

    chart The underlying story remains similar to the World Economic Outlook report in January, with the uplift mainly stemming from advanced economies which are expected to grow by ...

    Mexico’s Minatitlan refinery off line after fire

    From argusmedia.com|Apr 8, 2021

    Pemex extinguished the fire at about 2am ET today at the refinery located along Mexico's Gulf coast. The refinery will remain off line until Pemex engineers determine it is safe ...

    US government agencies boosting offshore wind with financing, loan support

    From spglobal.com|Apr 8, 2021

    US federal tax regulators and Congress have been addressing offshore wind industry needs to make tax equity financing more efficient, while the Department of Energy revamps its ...

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    US oil, gas rig count jumps 9 to 528, with activity hike in smaller basins

    From spglobal.com|Apr 8, 2021

    The US oil and natural gas rig count jumped nine to 528 in the week ending April 7, rig data provider Enverus said, as drilling activity pulled back slightly in the giant Permian ...

    Abu Dhabi oil giant ADNOC considers IPO of drilling business

    From reuters.com|Apr 8, 2021

    Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The state oil ...

    Asia week ahead: 1Q21 GDP season kicks off

    From think.ing.com|Apr 8, 2021

    China and Singapore are the first Asian countries to release their 1Q21 GDP reports. China was the first to enter the Covid-19 economic slump that dented its GDP growth by -6.8% ...

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  • Posted: Apr 8, 2021 7:47pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 27
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