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Florence Tan

Pandemic's 'great reset' pushes energy firms toward renewables, hydrogen: executives

15 Sep 2020

SINGAPORE The economic trauma caused by the coronavirus pandemic has pushed energy companies to step-up investment in renewables, hydrogen and other low carbon alternatives, but fossil fuels will be their dominant business for the foreseeable future, industry executives said.

Pandemic's 'great reset' makes energy firms invest more in renewables - executives

15 Sep 2020

SINGAPORE The economic trauma caused by the coronavirus pandemic persuaded energy companies to step-up investments in renewables, hydrogen and other low carbon alternatives, but fossil fuels will remain dominant for the foreseeable future, industry executives said.

RPT-UPDATE 2-Vitol CEO: Gasoline, diesel demand likely to return to pre-COVID-19 levels by Q4 2021

14 Sep 2020

* Expects global oil inventory to fall by 300 mln bbls by end-2020

WRAPUP 1-Rocky road back to pre-COVID-19 demand levels for gasoline, diesel -execs

14 Sep 2020

* Resurgence in COVID-19 cases to cause demand fluctuation -execs

Ecopetrol aims to drill 100 wells in U.S. Permian Basin by end-2021: CEO

14 Sep 2020

Colombian oil company Ecopetrol SA aims to drill a total 100 wells by end-2021 in the Permian Basin of West Texas as global oil prices recover, Chief Executive Felipe Bayon said on Monday.

UPDATE 1-Ecopetrol aims to drill 100 wells in U.S. Permian Basin by end-2021 -CEO

14 Sep 2020

* China's demand for Colombian crude a major support (Adds details, comments)

Vitol CEO: Gasoline, diesel demand likely to return to pre-COVID-19 levels by fourth-quarter 2021

14 Sep 2020

SINGAPORE Global oil demand in transportation sectors, with the exception of jet fuel, could return to pre-pandemic levels by the fourth quarter of 2021, draining excess supplies from the market, Vitol's Chief Executive Officer Russell Hardy said.

BP books oil tanker for storage at lowest rate this year - sources, data

10 Sep 2020

SINGAPORE Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year's lowest rate yet, according to industry sources and data on Refinitiv Eikon.

Oil drops more than $1 after Saudi price cuts, demand optimism fades

07 Sep 2020

* Saudi crude prices to Asia fall the most in five months in Oct

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

04 Sep 2020

SINGAPORE Oil futures slipped 1% on Friday, with prices on both sides of the Atlantic heading for their biggest weekly drops since June, as lacklustre demand and ample fuel supplies offset support from a weaker dollar.

World News