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Home2021January

Month: January 2021

Crude Oil News

Overnight Oil Report 1/13/2021: API predicts stock draw, $DXY weakening

January 13, 2021 Mariel Alumit

ENB Publishers Note: API shows large stock draw (we will confirm with the EIA today at 8:30 AM MST) and the DAX futures fall overnight (not sure how much effect that is having). Bulls still […]

Tesla - logo - EnergyNewsBeat
Electric Vehicles

Tesla takes another step on road to launch in India – world dominance in EV on the horizon

January 13, 2021 Stu Turley

NEW DELHI: Tesla Inc has moved a step closer to its launch in India later this year by registering a company in the country, a regulatory filing showed on Tuesday. Tesla Motors India and Energy […]

Enebridge - Energy News Beat
Crude Oil News

Enbridge rejects Michigan’s order to shut down Line 5 pipeline through Great Lakes

January 12, 2021 Stu Turley

TRAVERSE CITY, Mich. – Michigan’s demand that Enbridge Inc. shut down an oil pipeline that runs through a channel linking two of the Great Lakes is based on bad information and political posturing and will be ignored, […]

Texas Capitol - Energy News Beat
Crude Oil News

Texas Governments Collect $13.9B from Oil and Gas Industry

January 12, 2021 Stu Turley

Texas’ oil and natural gas industry paid $13.9 billion in taxes and state royalties in Fiscal Year 2020, the Texas Oil and Gas Association (TXOGA) reported Monday. The fiscal 2020 figure represents a nearly 15-percent […]

Crude Oil News

PetroTal to test Peru-Brazil river route for crude

January 12, 2021 Stu Turley

Canadian independent PetroTal plans to ship a 220,000 bl cargo of its Peruvian crude by barge along the Amazon river to Brazil next month to test the viability of the route. The new test route […]

Securities and Exchange Commission - Energy News Beat
ESG

SEC Could Require Clearer ESG Disclosures under Biden

January 12, 2021 Stu Turley

The Securities and Exchange Commission could put into place guidelines on the federal monitoring of environmental, social, and governance issues as a Biden administration places greater focus on the climate change agenda. Under the outgoing […]

Saudi crude keeps flowing to Red Sea as East-West Pipeline repairs continue - Energy News Beat
Crude Oil News

Saudi Aramco Seeks $7.5 Billion Loan for Pipeline Investors

January 12, 2021 Stu Turley

Saudi Aramco is lining up a loan of about $7.5 billion for potential investors in its oil pipelines, according to people familiar with the matter. The world’s biggest oil producer has begun talks with lenders to […]

Crude Oil News

Energy News Beat 1/12/2021

January 12, 2021 Mariel Alumit

Stocks turn north as interest rates push all time highs. The benchmark 10-year note yield traded briefly traded at 1.187%, its highest level since March. The 30-year bond rate climbed to 1.88%. S&P 500: 04% […]

Antero Resources - Energy News Beat
Crude Oil News

Antero Resources upsizes debt offering to $700 million

January 12, 2021 Mariel Alumit

Antero Resources Corporation AR announced that it has priced $700 million of senior unsecured notes. Notably, the aggregate principal amount is upsized from $500 million. The independent natural gas and natural gas liquids company priced the […]

Minister of Economy, Trade and Industry Hiroshi Kajiyama - Energy News Beat
Crude Oil News

Japan’s power supply tightened on low LNG stocks amid severe cold spells: METI minister

January 12, 2021 Stu Turley

Tokyo — Severe cold spells and surging power demand are tightening Japan’s power supply amid declining LNG stocks and low renewable output, Minister of Economy, Trade and Industry Hiroshi Kajiyama said Jan. 12, with utilities undertaking […]

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