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Home2021January

Month: January 2021

Ballard Power Systems - Energy News Beat
ESG

Ballard Power’s Banks Talk Up ESG Debt as It Eyes M&A Deals

January 15, 2021 Stu Turley

Ballard Power Systems Inc., a hydrogen cell producer in global expansion mode, is considering adding debt to its balance sheet for the first time in years for acquisitions given current cheap funding costs. “If we […]

South Africa Wind Farm - Alternative Africa - Energy News Beat
Renewables Not Sustainable

South Africa Bets on Wind Power in Upcoming REIPPP Bidding Window

January 15, 2021 Stu Turley

According to the International Energy Agency, power generation from wind in South Africa is expected to reach 81 trillion watt-hours by 2040. With an Integrated Resource Plan (IRP) based on least-cost supply and demand balance […]

ESG Impact on Strategy- Financing, Policies Will Grow in 2021 - Energy News Beat
ESG

ESG Impact on Strategy, Financing, Policies Will Grow in 2021 – Fitch Commentary

January 15, 2021 Stu Turley

Energy News Beat Publishers Note: We are seeing this trend around the world with ESG investing. In fact we are working with a group on the ESG standardization in the US. A tough process as […]

Total - Energy News Beat
International News

Total Withdraws From The American Petroleum Institute

January 15, 2021 Stu Turley

Paris, 15 January 2021 – Following a detailed analysis of the climate positions of the American Petroleum Institute (API), Total announces its decision not to renew its membership for 2021. Each year, Total assesses the main […]

Exxon - EnergyNewsBeat
Crude Oil News

Exxon Mobil under SEC investigation over Permian Basin Asset Valuation

January 15, 2021 Mariel Alumit

The Securities and Exchange Commission launched an investigation of Exxon Mobil Corp. XOM 3.90% after an employee filed a whistleblower complaint last fall alleging that the energy giant overvalued one of its most important oil and gas properties, according to […]

Canada - Energy News Beat
Exploration and Production

Canadian oil and gas spending expected to rise 14 per cent in 2021

January 15, 2021 Stu Turley

CAPP attributed the expected increase in investment to COVID-19 vaccines being rolled out globally, which will revive economic activity and energy demand, and government support for Canada’s oil and gas sector Alberta, – Capital investment in Canada‘s upstream […]

China importing oil - Energy News Beat
Crude Oil News

China’s 2020 crude oil imports hit record on stockpiling, new refineries

January 15, 2021 Stu Turley

China’s total crude oil imports surged 7.3% in 2020 despite the coronavirus shock earlier in the year, with record arrivals in the second and third quarters as refineries expanded operations and low prices encouraged stockpiling, data showed […]

Venezuela
International News

Venezuela proposes deals allowing private companies to operate oil fields

January 15, 2021 Stu Turley

Venezuelan officials have met in recent months with small domestic oilfield contractors to propose letting them operate fields owned by state-owned PDVSA while pocketing part of the proceeds, according to six people with knowledge of […]

Blue Planet Systems - Energy News Beat
Carbon Capture

Chevron invests in carbon capture technology startup to further cut greenhouse gas emissions

January 15, 2021 Stu Turley

Chevron Corporation on Jan. 14 said it made an investment in Blue Planet Systems, a start-up company that uses its proprietary carbon capture process to repurpose flue gas from refineries and other industrial operations into […]

Commodities

Overnight Oil Report 1/15/2021: Do we see $54?

January 15, 2021 Mariel Alumit

ENB Publishers Note: Do we see $54? Two touches, but no continuation move through.  If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]

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