With many Western integrated oil companies starting to wind down their oil and gas investments and selling upstream assets as they pivot to cleaner energy, commodity traders have been tipped to pick up some of […]
Energy News Beat Publishers Note (ENB): Last week we released an Energy News Beat Podcast with George Friedman, Charmain of Geo Political Futures. We had a great talk about the current energy issues and Putin. […]
The Energy News Beat monthly check-in – We check in with Ryan on China, Australia, and Coal. Ryan once had a vote for a United States Presidential race. Now that we have established his political […]
Source: U.S. Energy Information Administration, Monthly Energy Review Note: Click for full U.S. renewable energy chart. In 2020, consumption of renewable energy in the United States grew for the fifth year in a row, reaching a record high of […]
The Minnesota Court of Appeals on Monday affirmed a state regulator’s decision that there is sufficient need for Enbridge Inc’s (ENB.TO) Line 3 oil pipeline replacement, handing the company a major victory in its lengthy battle with […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases […]
Crude oil prices could rise to $200 per barrel as international oil companies curb their investments in new exploration and production, the Nigerian National Oil Corporation said this week. The effect of investment decisions being made now […]
Although oil may not be headed to a new supercycle, prices still have room to rise from current levels because of a strong demand rebound and expected tightness in supply, some of the world’s largest […]
While thousands of retail investors crowd the bitcoin space, many are missing out on some substantial gains from oil, investment celebrity Richard Bernstein has warned, as quoted by CNBC. “Bitcoin has been in a bear market, and […]
Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production New Mexico had record-high production of crude oil and natural gas in March 2021, averaging 1.16 million barrels per day (b/d) of crude oil and 6.19 billion […]
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