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Iran Refuses To Negotiate Korean Fuel Tanker Release - Energy News Beat
Crude Oil News

Oil’s Recovery Is Too Fast for Its Own Good – OPEC’s compliance enforcement will make a difference

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: Compliance and accountability will be key for the stability of world oil prices. As stated below “Compliance is measured in average barrels per day from the beginning of May to […]

International News

Nord Stream 2 Pipe-laying resumes in Danish waters

February 7, 2021 Stu Turley

Russia’s vessel Fortuna has resumed laying pipes for the Nord Stream 2 gas pipeline in Danish waters, the project consortium said on Saturday. Pipe-laying at the almost completed pipeline between Russia and Germany had been […]

“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 […]

Downstream

BP, Rosneft strike deal to work on energy transition projects

February 4, 2021 Stu Turley

Moscow — BP and Russian energy giant Rosneft signed a cooperation agreement Feb. 4 to work on joint energy transition projects, including low-carbon technologies and hydrogen, the companies said in a joint press release. Both companies […]

lexei Navalny protesters
International News

France urges Germany to scrap Russia gas pipeline over Navalny

February 3, 2021 Stu Turley

Paris: France on Monday urged Germany to scrap a major gas pipeline project with Russia in protest over the detention in Moscow of opposition leader Alexei Navalny, but the plea fell on deaf ears in Berlin. “We have always […]

opec energynewsbeat
International News

OPEC+ Oil Strategy Success Buys Time Before Tough Choices – is Russia going after US Shale?

February 2, 2021 Stu Turley

OPEC and its allies can celebrate their success in buoying world oil markets when they gather this week. But the coalition will soon be faced with some tough choices. Last month’s pledge by Saudi Arabian Energy Minister […]

Luxembourg foreign minister Jean Asselborn
International News

EU foreign ministers not mulling new Russia sanctions

January 25, 2021 Stu Turley

EU foreign ministers are not considering any concrete proposal for further visa bans and asset freezes against Russian officials, nor further EU economic sanctions against Russia, in reaction to the detention of opposition politician Alexei […]

China Snubs Washington With Big Oil Deals In South Iraq
Crude Oil News

China Snubs Washington With Big Oil Deals In South Iraq

January 21, 2021 Stu Turley

There are three major troubling factors for new U.S. President Joe Biden. In the recently agreed US$2 billion five–year prepayment oil supply deal between the Federal Government of Iraq (FGI) in Baghdad and China’s Zhenhua […]

Merkel Tells Biden She’s Open to Talks on Russia Energy Ties - Energy News Beat
International News

Merkel Tells Biden She’s Open to Talks on Russia Energy Ties – Get the popcorn

January 21, 2021 Stu Turley

Angela Merkel said she’s willing to discuss energy ties with Moscow with the incoming U.S. administration, but the German chancellor reiterated her support for a controversial gas pipeline to Russia. “We need to also discuss […]

Western Companies Abandon Russia-Led Nord Stream 2 Project - Energy News Beat
International News

Western Companies Abandon Russia-Led Nord Stream 2 Project – Will Biden undo the sanctions?

January 20, 2021 Stu Turley

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links […]

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