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Home2021January

Month: January 2021

ENB Pub Note

Southwestern Energy Issues Statement on Untimely Passing of Julian Bott

January 5, 2021 Mariel Alumit

ENB Publishers Note: The entire Sandstone and Energy News Beat team is sadden by this sudden loss and thoughts and prayers are with Mr. Bott’s family ____ SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (NYSE: SWN) today […]

Crude Oil News

Overnight Oil Report 1/5/2021 – Rangebound ahead of day two of OPEC+ meetings

January 5, 2021 Mariel Alumit

ENB Publishers Note: CL not nearly as bullish heading into day two of OPEC talks, with sides looking like a production stay.  Russia is the wild card. Check out Energy News Beat on YouTube and […]

ENB Pub Note

Apache Corp Announces Creation of Holding Company Structure – to be Named APA Corporation

January 4, 2021 Mariel Alumit

ENB Publisher Note: Interesting move on APA, could it be to protect Suriname (prized offshore in Guyana) in an evetunal Chap 11 of the new structure APA (which holds US onshore assets and riddled with 8.93B […]

No Picture
EIA News

EIA releases new U.S. Energy Atlas with updated maps and enhanced navigation

January 4, 2021 Stu Turley

Today, the U.S. Energy Information Administration (EIA) released the U.S. Energy Atlas, a new interface for web map applications and a comprehensive open data catalogue. The U.S. Energy Atlas shows detailed energy infrastructure in redesigned […]

Exploration and Production

EOG Resources Promotes Ezra Yacob to President

January 4, 2021 Mariel Alumit

HOUSTON, Jan. 4, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and […]

Crude Oil News

Energy News Beat: 1/4/2021

January 4, 2021 Mariel Alumit

Stocks drop on the first trading day of 2021 amid concerns about COVID-19 cases and the runoff election in Georgia. The Dow and S&P 500 were on pace for their biggest one-day sell-off since Oct. […]

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

Saudis lead OPEC+ majority opinion against February supply increase

January 4, 2021 Stu Turley

A majority of OPEC+ members including Saudi Arabia were opposed to increasing oil output again next month, while Russia was proposing the maximum supply hike allowed by the group’s agreement. The difference of opinion between […]

Total - Energy News Beat
Exploration and Production

Total enters a new operated exploration permit in Egypt

January 4, 2021 Stu Turley

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis […]

Iran
International News

Iran seizes UAE-bound chemical tanker

January 4, 2021 Stu Turley

Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf. The strait is a major shipping and trading lane connecting the Mideast Gulf with […]

Exploration and Production

Schlumberger/Liberty OFS deal closes, LBRT adds two new board members

January 4, 2021 Mariel Alumit

DENVER & HOUSTON–(BUSINESS WIRE)– Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on […]

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