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Home2021January

Month: January 2021

Commodities

Overnight Oil Report 1/19/2020: US Stimulus hopes steady prices amid recently COVID-19 spikes

January 19, 2021 Mariel Alumit

ENB Publishers Note: Rangebound for crude oil prices as new US administration readies fresh stimulus. Remember traders…weaker dollar, better oil… Singapore — 0636 GMT: Crude oil futures were mixed during mid-afternoon trade in Asia Jan. 19, […]

Jason Kenney and Justin Trudeau - Energy News Beat
Crude Oil News

Keystone XL May Be Sold for Scrap If Biden Moves to Kill It

January 19, 2021 Stu Turley

The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds. “If the project ends, […]

ADNOC_City-Energy News Beat
Downstream

ADNOC merges its downstream and trading units

January 18, 2021 Stu Turley

ADNOC Group has merged its downstream unit with its trading arm, creating the Downstream Industry, Marketing & Trading Directorate. When revealing the news, ADNOC said that the new unit would be “a critical enabler of […]

bank of France
ESG

French central bank to exit coal, cap oil and gas investments

January 18, 2021 Stu Turley

The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards more environmentally friendly assets. […]

Chinas 2020 coal output rises to highest since 2015 undermining climate pledges - Energy News Beat
Coal

China’s 2020 coal output rises to highest since 2015, undermining climate pledges

January 18, 2021 Stu Turley

EIJING, Jan 18 – China’s coal output rose last year to its highest since 2015, despite Beijing’s climate change pledge to reduce consumption of the dirty fossil fuel and months of disruption at major coal […]

Shell - Energy News Beat
International News

FirstBank, Shell reject Nigerian group’s bid to seize assets in oil spill dispute

January 18, 2021 Stu Turley

Nigeria’s FirstBank and a unit of energy giant Shell said on Friday members of a community in southern Nigeria had no right to seize assets from a bank branch this week in a dispute over […]

Solar company Starsight secures 10 million in financing - Energy News Beat
Energy Storage

Solar company Starsight secures $10 million in financing

January 18, 2021 Stu Turley

LAGOS: Solar power supplier Starsight has expanded a senior debt facility by $10 million to broaden its offerings and generation capacity in Nigeria and Ghana, the company said on Thursday. The expanded facility, completed with development financiers Finnfund […]

China's
Crude Oil News

Syria: Oil Tankers From Iran To Syria Intercepted

January 18, 2021 Stu Turley

Tankers carrying oil from Iran to Syria have been intercepted in the Red Sea and delayed shipments of oil to Syria, the Prime Minister of Syria, Hussein Arnous, was quoted as saying. According to the […]

Displaced women fleeing attacks - Cabo Delgado - Mozambique
International News

Mozambican President Hands Control to Army in Insurgency Battle – Impacting Total’s $20 billion LNG project

January 18, 2021 Stu Turley

Mozambican President Filipe Nyusi has put the military in charge of combating a growing Islamic State-linked insurgency in the natural gas-rich Cabo Delgado province after limited success by the police force. Nyusi on Jan. 14 […]

Total - Energy News Beat
ESG

Total to acquire from Adani a 20% interest in the largest solar developer on the planet

January 18, 2021 Stu Turley

Total announces the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform – and […]

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