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Home2021January

Month: January 2021

Saudi Arabia's Oil Fears Look Well Founded
ENB Pub Note

Saudi Arabia’s Oil Fears Look Well Founded – Excellent chess move

January 31, 2021 Stu Turley

Energy News Beat Publishers Note: Excellent opinion piece by Julian Lee, Bloomberg. A great insight to the mastermind chess moves around oil production.  It’s starting to look like Saudi Arabia’s concerns over the oil demand recovery were well […]

OPEC -Energy News Beat
Crude Oil News

OPEC+ Sees Almost Full Compliance With January Oil-Supply Cuts –

January 31, 2021 Stu Turley

Energy News Beat Publishers Note: This is great news if they do hit the compliance numbers. My question is how do we know that the large volumes being shipped to China in unregistered tankers is […]

Hydrogen

Shell targets power trading and hydrogen in climate drive

January 31, 2021 Stu Turley

Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources […]

Exxon - Energy News Beat
Crude Oil News

Exxon, Chevron CEOs discussed merger in early 2020 – what’s up in 2021?

January 31, 2021 Stu Turley

The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what could be one of the […]

ENB Pub Note

Surge Energy America Announces Midland Basin Acquisition for $420mm

January 31, 2021 Mariel Alumit

ENB Publishers Note: Early thoughts – high price for only 9,000 BOEPD but with large available drillable sites left, this deal looks to be a gamble on lease costs going up over the next few […]

Crude Oil News

Saudi Arabia will sell more shares of energy giant Aramco, Crown Prince says

January 31, 2021 Mariel Alumit

Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world’s biggest public listing in 2019. “There will be Aramco share […]

Home Charging stations - Energy News Beat
Electric Vehicles

Without Better Charging Infrastructure The EV Revolution Is Doomed – Forbes

January 30, 2021 Stu Turley

There were few positives from 2020, but one of them was massive growth in the sales of electric vehicles. In the UK, all-electric cars went from 1.6% of the market in 2019 to 6.6% of […]

EDF
Hydrogen

France’s EDF looks to India for EV, battery storage and hydrogen fuel cell tech

January 30, 2021 Stu Turley

EDF, a French utility company, has set its sights on hydrogen fuel cell tech opportunities in India. The utility is also focused on the Indian space for battery storage and EV charging infrastructure technologies. EDF […]

Guyana's President Irfaan Ali
Fossil

ExxonMobil Natural Gas Will Help Guyana Meet Its Climate Goals

January 30, 2021 Stu Turley

Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]

Balanced Diet of Energy - Energy News Beat
International News

Renewables in Europe’s Energy Transition

January 30, 2021 Stu Turley

The share of renewables in European energy production in 2020 increased to 38 percent, overtaking fossil fuels (which fell to 37 percent) for the first time. Europe has marked this as an important moment in […]

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