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Home2020

Year: 2020

International News

India’s oil imports from Iran may not resume soon despite Biden

December 19, 2020 Stu Turley

While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]

Crude Oil News

ExxonMobil’s South America Bonanza Grows With New Suriname Discovery

December 15, 2020 Stu Turley

After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]

Commodities

Solar Energy Could be the Boost that Propels Silver Prices to New Highs

December 14, 2020 Stu Turley

Despite the economic turmoil currently plaguing many businesses and households across Canada, Prime Minister Justin Trudeau announced that Canada will still continue to trudge ahead with its 2030 emission targets, and pledge billions of dollars […]

Airplane Supermax -EnergyNewsBeat.com
Commodities

Don’t Count Out The U.S. Oil & Gas Industry Just Yet – This is a great thing!

December 14, 2020 Stu Turley

“On one hand, the energy transition is real and here to stay. On the other hand, there are 280 million cars on the road in the U.S. today, 279 million of them running on oil, […]

Montauk Renewables -energynewsbeat
Finance

Renewable energy firm Montauk Renewables files for a $20 million IPO

December 13, 2020 Stu Turley

Montauk Renewables, which produces and sells renewable natural gas and electricity, filed on Friday with the SEC to raise up to $20 million in an initial public offering. Montauk Renewables is a renewable energy company specializing […]

offshore
Renewables Not Sustainable

U.S. Defense Bill Affirms Key Federal Law Also Applies to Offshore Wind

December 13, 2020 Stu Turley

The U.S. Senate today overwhelmingly passed the National Defense Authorization Act for fiscal year 2021, a wide-ranging $740 billion defense bill that sets policy for the U.S. military. Among its many provisions, the bill included an important […]

Boris Johnson - EnergyNewsBeat.com
International News

U.K. Due to Set Out Major Energy Investment Plan on Monday

December 13, 2020 Stu Turley

The U.K. government’s long-awaited policy paper on energy will outline “major investments” in hydrogen, carbon capture and storage, and nuclear power as well as reforms for the retail supply market. It’s due to be published […]

Global Infrastructure Partners -EnergyNewsBeat.com
Finance

GIP raises $2.8 billion in two infrastructure credit funds

December 13, 2020 Stu Turley

Private equity firm Global Infrastructure Partners (GIP) said on Tuesday it had raised $2.8 billion in its two credit funds that invest in the debt and equity of infrastructure assets in the oil and gas, […]

Downstream

Sixty-one new COVID-19 cases were reported at Beaver County’s cracker plant this week, bringing the total number since March to 335

December 12, 2020 Stu Turley

BEAVER COUNTY TIMES: 12 Dec 2020 POTTER TWP. — Coronavirus cases continue to grow at Shell Chemicals’ ethane cracker plant site as COVID-19’s third wave hammers the region. Sixty-one new virus cases were reported at […]

Coal

Biden’s impact on coal market remains unclear: Speakers

December 12, 2020 Stu Turley

Energy News Beat Publishers Note: Resetting the “Social Cost of Carbon” will have a dramatic and almost biblical impact to the financial system.  The potential impact of president-elect Joe Biden’s presidency on the US coal […]

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