Monday, March 10, 2025
Goldman Sachs says it remains bullish on oil prices in 2021- oil and gas 360

Goldman Sachs says it remains bullish on oil prices in 2021

Reuters Lower crude production due to reduced activity and OPEC+ cuts, coupled with a partial recovery in oil demand, should drive prices higher next year, Goldman Sachs Equity Research said in a note. The Wall Street bank raised its 2021 forecast for global benchmark Brent crude LCOc1 prices to $55.63 per barrel from $52.50 earlier. The bank hiked its estimate

A massive renewable energy scheme in Australia has been recommended for environmental approval-oil and gas 360

A massive renewable energy scheme in Australia has been recommended for environmental approval

CNBC A vast renewable energy scheme has been recommended for environmental approval by Western Australia’s Environmental Protection Authority (EPA). The Asian Renewable Energy Hub is a planned development in the East Pilbara area of Western Australia. Set to cover 6,500 square kilometers of land, it’s envisaged that the project will produce as much as 15 gigawatts (GW) of wind and