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IEA
ENB Pub Note

Is The IEA’s Net Zero By 2050 Report Credible Roadmap Or Unhinged Advocacy?

June 19, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): This was a hugely significant call by the IEA, but surely also an extremely challenging one. The signs are that the market is not yet responding to the IEA’s […]

saudi energy Minister prince abdulaziz bin salman
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 […]

Commodities

Saudi Stocks Lead Mideast Higher as Oil Extends Gains: Inside EM

June 13, 2021 Stu Turley

Saudi Arabia’s equities index extended a winning streak to five sessions Sunday, following another positive week for crude prices. The Tadawul All Share Index climbed 0.9%, with gauges in Bahrain, Oman, Kuwait, Qatar and Israel […]

460 million of assets in the U.K. North Sea and buying projects in Egypt’s Western Desert from Royal Dutch Shell Plc.
Crude Oil News

Soaring Mideast Heat May Roil Oil Market as Demand Surges

June 12, 2021 Stu Turley

Soaring temperatures in one of the world’s top energy-producing regions could drive fuel prices higher as countries there burn more oil and natural gas to keep homes cool. Saudi Arabia, the United Arab Emirates and […]

Prince Abdulaziz due to speak at Robin Hood investors forum -energynewsbeat.com
Crude Oil News

Saudi Arabia Takes Bullish Oil Message Straight to Wall Street

June 11, 2021 Stu Turley

For the past year, Saudi Energy Minister Prince Abdulaziz bin Salman has fought a war of words with oil speculators. Now, he’s taking his message to the heart of Wall Street. Prince Abdulaziz is scheduled […]

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 […]

ESG

Climate Activism Is Great News For Saudi Arabia And Russia

June 4, 2021 Stu Turley

Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift to renewable energy to hostile governments and hardline climate activists.  But not all oil and […]

Commodities

OPEC leaders mock IEA’s “la-la land” 2050 net zero roadmap

June 4, 2021 Stu Turley

MOSCOW (Bloomberg) –The world’s largest petrostates rejected calls for a rapid shift away from oil and gas, warning that starving the industry of investment would harm the global economy. His warnings were echoed by the […]

Crude Oil News

Saudi Arabia committed to meet India’s crude oil requirement: Saudi envoy

June 2, 2021 Andy Del Prado

New Delhi: Saudi Arabia, the world’s largest oil exporter, on Sunday said it is committed to meet India’s requirements of petroleum products, an affirmation that came in the wake of the country pitching for easing global […]

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