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Crude Oil News

Energy News Beat 2/5/2021: Friday’s With DRW

February 5, 2021 Stu Turley

Friday with #hottakeoftheday’s David Ramsden Wood, or as his friends call him “DRW”.      Stocks rise moderately throughout the day, with bad jobs data spurning the notion of a new stimulus bill soon • […]

“We talked about the different roles of different energy sources,” the German chancellor said. “France has more nuclear energy, so that the role of gas is not as important as for Germany.”
Fossil

France and Germany to Put Aside Differences on Russian Gas Pipeline

February 5, 2021 Stu Turley

German Chancellor Angela Merkel and French President Emmanuel Macron sought to iron out differences over the Nord Stream 2 pipeline ahead of talks with U.S. President Joe Biden on the controversial Russian project. The two […]

Energy News Beat - Logo
Crude Oil News

Energy News Beat 2/4/2021: Earnings on Earnings

February 4, 2021 Mariel Alumit

Stocks have another green day to patch a solid week for the markets as earnings and economic data shine bright S&P 500: 85% Nasdaq: 78% Dow Jones: 56% A better-than-expected jobless claims report helped boost […]

Kuwaiti MPs - Energy News Beat
Crude Oil News

One of World’s Richest Nations Taps Wealth Fund as Cash Dries Up

February 3, 2021 Stu Turley

Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash to plug its budget deficit, after a political dispute over borrowing left one of the […]

Guyana's President Irfaan Ali
Fossil

ExxonMobil Natural Gas Will Help Guyana Meet Its Climate Goals

January 30, 2021 Stu Turley

Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]

Hydrogen

With Natural Gas in Peril, Pipeline Owners Look to Hydrogen

January 29, 2021 Stu Turley

Three million miles of natural gas pipelines criss-cross the U.S., and the fight against climate change could render them all obsolete. The last two weeks alone illustrate the stakes. President Joe Biden canceled the permit for the […]

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Commodities

Energy News Beat 1/28/2021: Responsibly-Sourced Natural Gas

January 28, 2021 Mariel Alumit

All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the […]

BP Gets Pushback From Texas Agency It Urged to Ban Gas Flaring - Energy News Beat
Crude Oil News

BP Gets Pushback From Texas Agency It Urged to Ban Gas Flaring

January 26, 2021 Stu Turley

Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]

Permian Flaring - Energy News Beat
Fossil

Permian Flaring Could Be Slashed At No Cost to Producers

January 26, 2021 Stu Turley

As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]

Greece- Turkey Agree to Keep Talking to Defuse Tensions - Energy News Beat
International News

Greece, Turkey Agree to Keep Talking to Defuse Tensions – This is affecting the gas operations in the Mediterranean

January 25, 2021 Stu Turley

Turkish and Greek officials met to see if they could find any common ground to try to resolve a festering dispute over maritime boundaries that brought their navies to the brink of confrontation. In the […]

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