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Home2021January

Month: January 2021

Crude Oil News

Energy News Beat: 1/5/2021 – Saudi saves the day

January 5, 2021 Mariel Alumit

Markets rebound to set the first positive trading day of 2021, with the Dow Jones up over 200 pts as traders weigh COVID-19 and GA Senate election outcomes S&P 500: 0.93% Nasdaq: 0.76% Dow Jones: […]

EIG sells stake in Gasbol pipeline, eyes more Brazilian investments
Finance

EIG sells stake in Gasbol pipeline, eyes more Brazilian investments

January 5, 2021 Stu Turley

EIG Global Energy Partners has sold its stake in the Brazilian portion of the Bolivia-Brazil natural gas pipeline, widely known as Gasbol, to Fluxys Belgium NV, the chief executive officer of the U.S.-based company said […]

Max Midstream And Calhoun Port Authority Announce Port Expansion - Energy News Beat
Midstream

Max Midstream And Calhoun Port Authority Announce Port Expansion

January 5, 2021 Stu Turley

Max Midstream and the Calhoun Port Authority today announced that with the recent passage of the Water Resources and Development Act by Congress that expansion of the Calhoun Port will begin in 2021. The national […]

Saudis lead OPEC+ majority opinion against February supply increase - Energy News Beat
International News

Saudi bears brunt of the OPEC+ cuts; small increases for others

January 5, 2021 Mariel Alumit

From Energy Intel: Production levels per OPEC+   Bloomberg – OPEC+ reached an agreement to curb supply over the next two months, with Saudi Arabia carrying a greater burden of oil-output cuts while others hold […]

ran resumes enriching uranium to 20% purity at Fordo facility -EnergyNewsBeat
International News

Iran resumes enriching uranium to 20% purity at Fordo facility – Video from the BBC

January 5, 2021 Stu Turley

Iran has resumed enriching uranium to 20% purity, in its most significant breach yet of its 2015 deal with world powers to end nuclear sanctions. The global nuclear watchdog confirmed the process had begun at […]

Iraq Aims To Increase Oil Exports To Asia With South Korea Deal - EnergyNewsBeat
Crude Oil News

Iraq Aims To Increase Oil Exports To Asia With South Korea Deal – making it tougher on OPEC to control prices

January 5, 2021 Stu Turley

Energy News Beat Publishers Note: With the wild ride on OPEC meetings this week, this news is going to make it tougher for OPEC to control the members quotas for production. Therefore making the pricing […]

OPEC - EnergyNewsBeat.com
Crude Oil News

OPEC retains oil cuts over demand concerns – Update – Meeting delayed hours as Saudi and Russia Ministers are in talks.

January 5, 2021 Clark Savage

Update (9:58 AM MST): Saudi to voluntarily cut oil production in Feb. OPEC+ MEETING: Saudi Arabia has taken responsibility for re-balancing the oil market, in a three-way OPEC+ deal that will see the kingdom cut […]

OPEC- EnergyNewsBeat
Crude Oil News

OPEC+ resumes talks amid divide on February oil output levels

January 5, 2021 Stu Turley

UPDATE (7:23 AM MST): Russia agrees to rollover production Russia agrees to rollover current OPEC production – report https://t.co/CI8BZCSZNi — ForexLive (@ForexLive) January 5, 2021 OPEC+ resumes debate on Tuesday after talks stumbled over February […]

ENB Pub Note

Colorado Operators prep for Jan 15th when SB 181 regulations begin – Sandstone Research

January 5, 2021 Mariel Alumit

ENB Publishers Note: This is an article I wrote regarding some consulting work I have worked on over the last 6 months regarding the incoming changing rules as it pertains to Colorado. ____ (Sandstone Group) One […]

Exploration and Production

Range Announces Cash Tender for Up to $500 Million

January 5, 2021 Mariel Alumit

ENB Publishers Note: Interesting to see if they get the $500mm, will be a sign of how hedge funds view natural gas moving into 2021.  Follow out daily YouTube show for more coverage. _________ FORT WORTH, […]

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