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Home2021March

Month: March 2021

Petronor - energynewsbeat.com
Downstream

Temporary layoffs planned at Spain’s Bilbao refinery

March 30, 2021 Stu Turley

“The uncertainty over the return to mobility, basically arising from the current process of vaccination, make it impossible to predict when the refinery will return to normal,” Petronor said. The firm sees the refinery’s current […]

Oil transit routes through choke points - EnergyNewsBeat
Crude Oil News

World Oil on the Suez Canal and Chokepoints – Geopolitical Futures Insights

March 30, 2021 Stu Turley

Energy News Beat Publishers Note: George Friedman has an outstanding look at world political winds and their impact on economic implications. Sign up for his newsletter at geopoliticalfutures.com. I’ve often written about chokepoints – those […]

International News

Equipment for Kudankulam N-plant on way from Europe

March 30, 2021 Stu Turley

Russia’s integrated nuclear power player Rosatom on Tuesday said a batch of equipment for upcoming two atomic power plants in India from European suppliers has been loaded onto a ship. In a statement, Rosatom said the equipment manufactured by […]

BMW - energynewsbeat.com
Electric Vehicles

BMW has got its timing right for beefing up electric cars: CEO

March 30, 2021 Stu Turley

BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German carmaker is behind on electrification and could make its stock compete with the likes of Tesla Inc, its top executive […]

Commodities

Oil price gains as focus switches to OPEC+ extending output cuts

March 30, 2021 Stu Turley

Oil prices rose on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and focus turned to an OPEC+ meeting this week where the extension of supply curbs may be on the table amid new […]

Commodities

The Suez Canal Crisis Has Ended. Time to Add Up the Damages

March 30, 2021 Stu Turley

The immediate crisis of the Suez Canal blockage may have ended, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning. The long-term cost of the canal’s estimated $10-billion-a-day closure will likely be small, […]

Decision to keep supply tight was proved right, delegates say Group expected to mostly keep output steady at next meeting
Crude Oil News

OPEC+ Readies for Output Talks With Cautious Approach Vindicated

March 30, 2021 Stu Turley

Energy News Beat Publishers Note: The new China – Iran oil deal will also impact supply outside the OPEC and OPEC + quotas.  As OPEC and its allies prepare for another decision on oil output, […]

Lithium-ion batteries at an energy storage project in Vista Calif - Bing Guan - Bloomberg - nergynewsbeat.com
Electrical Generation / Utilities

‘Big Storage’ Is the Next Big Technology in the Climate Fight

March 30, 2021 Stu Turley

If the last 10 years of happy developments in solar power, wind turbines, batteries and electric vehicles have taught us anything, it’s to plan for carbon-free technologies that are unavailable today. They could come tomorrow. Such is the […]

Electrical Generation / Utilities

As It Undergoes Transformation, U.S. Power Grid Embraces AI

March 29, 2021 Stu Turley

The U.S. electric power grid, once viewed as the most stable and secure power system in the world, is in the midst of undergoing a systemic transformation as grid operators are being forced to adapt […]

International News

Norway readies first offshore wind tenders to spur oil industry transition

March 29, 2021 Stu Turley

Norway will press ahead with North Sea wind power this year, awarding its first development licences as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply. The […]

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