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Home2021April

Month: April 2021

International News

The role of renewables within upstream oil and gas is gaining significant momentum

April 1, 2021 Stu Turley

Upstream oil and gas companies are responsible for significant greenhouse gas (GHG) emissions and are some of the largest carbon-emitting companies globally. As a result, upstream operators are under growing pressure from governments, shareholders and […]

Earthstone Energy - Energy News Beat
Finance

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Clark Savage

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Earthstone Energy - Energy News Beat
Exploration and Production

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Commodities

Overnight Oil Report 4/1/2021 – Aprils Fools Oil is $120

April 1, 2021 Clark Savage

Singapore — 0250 GMT: Crude oil futures rose during Asian mid-morning trade April 1 after data from the US Energy Information Administration showed a draw in crude and gasoline inventories, with the market gleaning further support […]

No country for publicly traded merchant power generators. Photographer: Joe Raedle
Electrical Generation / Utilities

Texas Blackouts May Push Vistra, NRG Energy to Go Private

April 1, 2021 Stu Turley

Texas’ blackouts might yet claim another victim: the merchant generation sector. Vistra Corp. and NRG Energy Inc. face big bills arising from the state’s February freeze. Worse, those bills somehow came as a big shock. At first, Vistra’s […]

Industry Insights

Three Mile Island And The Case For Nuclear Energy

April 1, 2021 Stu Turley

March 28 marked the 42nd anniversary of the accident at the Three Mile Island nuclear power plant in Pennsylvania and provides a good opportunity to explore the importance of nuclear energy in future efforts to […]

Exxon - Energy News Beat
Exploration and Production

Exxon sees up to $800million earnings hit from Texas freeze

April 1, 2021 Stu Turley

Exxon Mobil Corp . expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month. Even so, the oil giant probably returned to profit after […]

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