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HomeFinance

Finance

Amazon Roof- EnergyNewsBeat
Electrical Generation / Utilities

Texas crisis fuels investor interest in grid management startups, rooftop solar

March 16, 2021 Stu Turley

With concerns growing about the reliability of the electric grid, investors are increasingly focused on technologies that can help tie together distributed energy resources like this rooftop solar array at an Amazon facility. Two weeks […]

BP - Energy News Beat
Downstream

BP changes financial reporting after restructuring divisions

March 16, 2021 Stu Turley

BP outlined changes to its financial reporting after restructuring key divisions last year. The new financial reporting structure will comprise five BP segments: oil production and operations, gas and low-carbon energy, customers and products, Rosneft PJSC — […]

Oil Money- energynewsbeat
Commodities

Brent Oil Steadies Above $69 as China’s Recovery Aids Outlook

March 15, 2021 Stu Turley

Oil held above $69 a barrel in London after a raft of economic data from China added to signs of recovery from the coronavirus pandemic. Brent futures traded up 0.4% after earlier climbing 1.2%. Figures […]

The road ahead - getty images
ESG

Big Oil Takes Separate Paths On Road To Decarbonization

March 14, 2021 Stu Turley

There is more than one way to set about decarbonizing an oil and gas giant. The European majors are diversifying away from oil and gas, making significant investments in renewables and have plans to invest all […]

Finance

If Clean Energy Is the Future, Why Are Renewable Energy Stocks Selling Off Right Now?

March 14, 2021 Stu Turley

The recipe for renewable energy’s 2020 breakout was so perfect it deserves a Michelin star. Technological improvements had been simmering for years and paired perfectly with short-term seasonings like low interest rates. The result was […]

Man on Oil pipeline - photo by Simon Dawson - Bloomberg
Finance

Goldman Predicts Plunge in Gulf Borrowing Needs

March 14, 2021 Stu Turley

The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years from about $270 billion, if oil prices continue to stay elevated, according to Goldman Sachs Group Inc. If prices for […]

Trader -energynewsbeat
Crude Oil News

Crude to $100: Trader makes the case for a spike in oil prices – opinion

March 14, 2021 Stu Turley

CNBC Opinion: Crude oil prices are on a path to heights not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain […]

Windpower In Texas -EnergyNewsBeat.com
Electrical Generation / Utilities

Wind Power Was Thriving in Texas. Then Came the Freeze.

March 13, 2021 Stu Turley

AUSTIN, Texas—The Texas wind industry suffered a devastating financial blow during last month’s electricity crisis, which hit roughly half of the state’s wind farms and may force some to seek bankruptcy protection or relinquish control […]

Frances Biggest Insurer Dumps German Power Giant Over Coal -EnergyNewsBeat.com
Coal

France’s Biggest Insurer Dumps German Power Giant Over Coal – Is The Oil And Gas Market Next?

March 12, 2021 Stu Turley

Axa SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive […]

The Winners and Losers From Surging Oil and Commodity Prices
Commodities

The Winners and Losers From Surging Oil and Commodity Prices

March 11, 2021 Stu Turley

You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and […]

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