Energy Update
WASHINGTON, April 25 (Reuters) - Billionaire environmental
activist Tom Steyer's super PAC launched a $25 million youth
voter drive on Monday in seven political battleground states to
help elect candidates that champion climate change policies in
November's general election.
BENGHAZI/TUNIS April 25 (Reuters) - A parallel national oil
corporation allied to Libya's eastern government loaded a
shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
* Barclays unsure prices will stay at highs or keep climbing
* GRAPHIC-Metals performance YTD: http://link.reuters.com/cag37s
HANOVER, April 25 (Reuters) - Europe may end up with more
gas than it needs if the Nord Stream 2 pipeline, designed to
double the amount of gas Russia pumps to Germany via the Baltic
Sea, is built, the European Union's most senior energy official
said on Monday.
DUBAI, April 25 (Reuters) - Saudi Arabia's stock market
recovered from early losses and jumped 2.5 percent on Monday as
Deputy Crown Prince Mohammed bin Salman announced an economic
overhaul for the oil-dependent kingdom.
Statoil ASA, Norway’s biggest oil company, bought a 50 percent stake in EON SE’s Arkona offshore wind farm, entering the German market and widening its renewable-energy portfolio as it scales back its funding for traditional fossil-fuel projects.
LONDON, April 25 (Reuters) - Oil exports from southern Iraq
have reached a record monthly rate so far in April as OPEC's
second-largest producer resumes the supply growth that has added
downward pressure on prices.
BENGHAZI, Libya, April 25 (Reuters) - A parallel national
oil corporation allied to Libya's eastern government was loading
a shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
Listen Up on this week’s Energy Show on Renewable Energy World as Gerry discusses the various factors contributing to low oil prices, as well as what consumers can expect for oil and gas prices in the future.
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