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HomeFossil

Fossil

Biden’s Hopes for Rare Earth Independence at Least a Decade Away
Commodities

Biden’s Hopes for Rare Earth Independence at Least a Decade Away – could slowdown EV roll out plans

February 27, 2021 Stu Turley

Energy News Beat Publishers Note: With China holding 80% of the rare earth minerals, and the lack of support to fight regulations in strip mining in the US, there seems to be some heavy lifting […]

India Gas Pump 2 -Energy News Beat
Downstream

Govt gets tax-rich from oil sector, consumers bear brunt

February 26, 2021 Stu Turley

Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this year, even as fuel consumers continue to face persistent increase in petrol and diesel prices that has […]

EXXON DUMPS TAR SANDS/OIL SANDS HOLDINGS, SLASHES ESTIMATE OF RECOVERABLE RESERVES - energy News Beat
Crude Oil News

Exxon Dumps Tar Sands/Oil Sands Holdings, Slashes Estimate of Recoverable Reserves

February 26, 2021 Stu Turley

Colossal fossil ExxonMobil has dropped virtually all its tar sands/oil sands holdings from its list of recoverable assets, and its Canadian subsidiary Imperial Oil followed suit by cutting a billion barrels of bitumen from its […]

EIA Texas Natural Gas -EnergyNewsbeat.com
EIA News

Texas natural gas production fell by almost half during recent cold snap

February 26, 2021 Stu Turley

During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a […]

Energy News Beat - Shell losing 560000 dolars per day to thieves - Nigeria
Crude Oil News

Nigerian Military to Protect Oil Assets to Curb Daily Losses

February 25, 2021 Stu Turley

Africa’s largest crude producer will tap the services of the military to protect its oil and gas infrastructure in a bid to curb daily losses from theft and vandalism. Nigeria is losing about 200,000 barrels […]

OPEC -Energy News Beat
Crude Oil News

OPEC+ to weigh modest oil output boost at meeting – sources

February 25, 2021 Stu Turley

OPEC+ oil producers will discuss a modest easing of oil supply curbs from April given a recovery in prices, OPEC+ sources said, although some suggest holding steady for now given the risk of new setbacks […]

Fossil

Gasoline Crisis Paralyzes One of Every Seven Texas Stations

February 25, 2021 Stu Turley

One in every seven Texas gas stations is without fuel a week after the historic freeze crippled refineries and trucking, prompting at least one major retailer in the second-largest U.S. state to seek outside help. […]

Crude Oil News

Mexico’s Energy Conundrum – A Geopolitical Futures Insight

February 25, 2021 Stu Turley

Last week, ice storms disrupted natural gas supplies to Mexico and so revived an existential question over how energy independent the country can and should be. But because Mexico’s independence is so often defined by […]

Crude Oil News

Whispers of $100 Oil Return as Crude Shakes Off Covid’s Clasp

February 24, 2021 Stu Turley

While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel. Azerbaijan’s Socar Trading SA predicts […]

Chinas 2020 coal output rises to highest since 2015 undermining climate pledges - Energy News Beat
Coal

Lloyd’s insurer Brit says it will not insure Adani coal mine – a bigger issue for the ESG investors

February 24, 2021 Stu Turley

Energy News Beat Publishers Note: If the laws can not be voted in, there can be forced change through banks and insurance companies. Consumer pressure can reach far whether the opinions are right or wrong.  […]

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