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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

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Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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bp to exit its 19.75% shareholding in Rosneft

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The bp board announced that bp will exit its shareholding in Rosneft, a Russian state-controlled oil and gas company. Impact on reporting and finances. This will result in two material changes to bp’s financial reporting and finances in the results for the first quarter of 2022.

Russia 186
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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Pike projects that by 2021, the production of biofuels derived from a range of feedstocks will reach 65.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Ultimately, widespread commercialization will depend on whether these ventures can reach price. A more robust growth is expected.

Global 225
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change. More than 25 companies are involved in oil shale development.

Coal 210
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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

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In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. Seven of the nine companies have beta values greater than 1.0, Seven of the nine companies have beta values greater than 1.0, —Miller et al. Miller et al.

Tax 262
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. The average cost of wind energy ranges from US$0.06/kWh

Renewable 150