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Commodities

Climate Policies Could Hand Power and Profits Back to OPEC

June 17, 2021 Stu Turley

By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]

oil - supermajors -energy News beat
Crude Oil News

High Oil Prices Set Supermajors Up For A Promising Earnings Season

June 16, 2021 Stu Turley

The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the second quarter compared to the same period […]

International News

Russia’s Gazprom sees domestic gas consumption rising 7.5% within 5 years

June 12, 2021 Stu Turley

Russian energy giant Gazprom expects domestic gas consumption to rise by 7.5% within the next five years as it embarks on a $7 billion programme to supply gas to more households, a company official said […]

Iraq workers walk on pipelines of an oil refinery - EnergyNewsBeat
ENB Pub Note

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel – Without Accountability ESG means nothing

June 9, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): This information from Bloomberg is very telling. Just because the supermajors are being pushed aside, their replacements will not be any more accountable. The state-owned oil companies have even […]

Rosneft - EnergyNewsBeat
Crude Oil News

Russia’s Rosneft projects global oil shortages during “hasty” energy transition – He is right on the money

June 6, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]

Natural Gas
Fossil

Natural Gas Is Now A Punching Bag But Can It Withstand The Pummeling?

May 23, 2021 Stu Turley

Getting to net-zero CO2 emissions by 2050 is doable but difficult. For the global energy sector to hit that goal, governments must stop subsidizing oil and natural gas production and inhibit the building of coal plants. That’s […]

Crude oil and Money -EnergyNewsBeat.com
Finance

Banks Always Backed Fossil Fuel Over Green Projects—Until This Year

May 20, 2021 Stu Turley

n more than five years since the world agreed to limit warming temperatures, banks have poured more than $3.6 trillion into fossil fuel—almost three times more than total bonds and loans backing green projects, according […]

Commodities

Oil Markets Will Face A Supply Crisis Before Demand Peaks

May 17, 2021 Andy Del Prado

The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or […]

BP - Energy News Beat
CO2 & GHG

BP’s lobbying for gas shows rifts over path to net-zero emissions

May 17, 2021 Stu Turley

Oil major BP has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the […]

Finance

Record Metals Prices Catapult Mining Profits Beyond Big Oil

May 2, 2021 Stu Turley

Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets. The mining windfall is the latest […]

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