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HomeFossil

Fossil

Downstream

US dependence on foreign jet grew in 2020 – This is related to Covid – but may become a national security issue in 2021

March 2, 2021 Stu Turley

Jet fuel imports to the US west coast accounted for 27.4pc of the region’s consumption in 2020, at 95,250 b/d, according to data from the US Energy Information Administration (EIA). The share of imports grew […]

rigs in winter - energynewsbeat.com
Commodities

India Urges OPEC+ to Raise Oil Output at This Week’s Meeting

March 2, 2021 Stu Turley

Energy News Beat Publishers Note: It is a good thing for India to voice its concern before Thursday and Friday’s meetings of OPEC. The policies for price manipulation have been tough to enforce, and increased […]

Oil executives expect crude demand to climb, even as renewables are in vogue energynewsbeat
Crude Oil News

Oil executives expect crude demand to climb, even as renewables are in vogue

March 2, 2021 Stu Turley

Oil company executives at CERAWeek by IHS Markit were adamant on Monday that crude demand will rise over the coming decade and that the fossil fuel will remain a crucial part of the energy mix […]

pembina-can-no-longer-predict-start-date-oregon-jordon-cove-lng-energynewsbeat.com
Fossil

Pembina Can No Longer Predict Start Date for Oregon Jordon Cove LNG

March 1, 2021 Stu Turley

Canadian energy company Pembina Pipeline Corp. said it could no longer specify a future start date for the proposed Jordan Cove LNG export plant in Oregon. Pembina said Feb. 25 in its fourth-quarter earnings report […]

China companies may get delisted - Energynewsbeat
Fossil

China Keeping Rare Earth Export Ban In “Back Pocket” To Punish Biden If He Gets Out Of Line

March 1, 2021 Stu Turley

For the second time this week, western, English-language media outlets are reporting about rumblings within the Chinese Communist Party leadership about imposing new export controls on so-called “rare-earth metals” The news, first reported earlier this week […]

US Freeze hammers Europe's bottom of the barrel oil exports - energy news beat
Commodities

U.S. Freeze Hammers Europe’s Bottom-of-the-Barrel Oil Exports

February 28, 2021 Stu Turley

The freeze-driven shuttering of core sections of the U.S. refining system isn’t all good news for rival plants in Europe. Down at the bottom of the barrel, losses are deepening. While U.S. shutdowns mean less […]

transport oil by rail car -energynewsbeat
Crude Oil News

Crude-by-rail exports are rebounding after a drastic drop in 2020 due to COVID and other factors

February 28, 2021 Stu Turley

Energy News Beat Publishers Note: The environment would have been dramatically less impacted transporting the oil through the Keystone Pipeline rather than rail cars. Pipelines are needed for the migration to “Green” and are overlooked […]

Coal - EnergyNewsBeat.com
Coal

China’s coal consumption share falls to 56.8% at end-2020

February 27, 2021 Stu Turley

China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal-fired power plants. The […]

Asian banks are failing on climate by channeling billions into coal
Coal

Asian, US, banks are failing on climate by channeling billions into coal, report says

February 27, 2021 Stu Turley

Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are […]

Russia President Vladimir Putin and CEO of Russian natural gas giant Gazprom - Alexei Miller -
Fossil

Russian LNG, natural gas shouldn’t compete in export markets, Gazprom says

February 27, 2021 Stu Turley

Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said on Thursday, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom. Moscow has for years said […]

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