US shale Archives - Maritime Shipping News

Targets May Not Be Enough to Reach Net-zero by 2050

26 July 2023

Credit: Methanex

To Get to Zero by 2050, Regulatory Details May Matter More Than Targets, states a Maritime Executive news source.

Action at the International Maritime Organization (IMO)

Action at the International Maritime Organization (IMO) to regulate emissions from fuel production, and to consider all types of greenhouse gases (GHGs) — not just CO2 — is moving slowly and not receiving much attention. But these regulatory details are probably more important than the headline-grabbing...

https://mfame.guru/targets-may-not-be-enough-to-reach-net-zero-by-2050/

Economic Restarts Put a Positive Spin on Crude Futures!

28 May 2020

WTI and Brent climbed and was seen highest since March 10.
US, Japan, UK continue to ease lockdowns by taking down restrictions on trade and non-essential travel.
Price recovery could prompt US shale oil production increase.

Crude futures settled higher amid signs that the continued reopening of economies in the US and Europe could bring balance to oversupplied oil markets in coming weeks, write Chris van Moessner and Starr Spencer for Platts.

NYMEX July WTI settled $1.10 higher at $24.35/b and...

https://mfame.guru/economic-restarts-put-a-positive-spin-on-crude-futures/

Potential Geopolitical Risks Hitting Oil Market in 2020

1 January 2020

The oil market is closing out 2019 with a smaller geopolitical risk premium despite the September attack on Saudi Arabia’s Abqaiq facility exposing a staggering supply vulnerability, reports Platts.

Greg Priddy, Stratfor’s director of global energy and Middle East, argues the oil market can no longer hold onto a risk premium, between hedging and the responsiveness of US shale production.

He added that a sharp premium would only return in the event of a major and prolonged oil supply disruption.

Pri...

http://mfame.guru/potential-geopolitical-risks-hitting-oil-market-in-2020/