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Home2021February

Month: February 2021

Crude Oil News

Iran Says Ready for Talks With Arab States Without Preconditions – What about Israel and what does this mean for oil?

February 21, 2021 Stu Turley

Energy News Beat Publishers Note: What this means to energy: Notice Israel is not on Iran’s list of countries to “get along with”, and with the Biden administration begging to get back to an Iran […]

Maritime-Boundaries_Mediterranean (1)
ENB Pub Note

Turkey Adjusts Its Foreign Policy

February 20, 2021 Stu Turley

Energy News Beat Publishers Note: Outstanding article from the GPF group. Some of the issues not addressed in the article are the financial issues whiting the government causing cash flow issues. They have eliminated some […]

winter grid - Energy News Beat
Electrical Generation / Utilities

ERCOT Power Grid Outage: What went wrong?

February 20, 2021 Stu Turley

There are currently millions of Texans wondering what the  ****  happened to the power grid this week. Across Enverus’ Texas workforce, hundreds of us were impacted and want to know what went wrong, too. In […]

India Gas Pump - Energy News Beat
Downstream

India’s high gasoline price and inflation are heading to the United States

February 20, 2021 Stu Turley

Energy News Beat Publishers Note: While basic economic fundamental rules have been thrown out over the last several years, they normally come back with overpowering consequences. Very much like a nagging tooth, or rattle in […]

Crude Oil News

As power returns, Texas energy firms slowly emerge from deep freeze

February 20, 2021 Stu Turley

Texas energy firms on Friday began to prepare for oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries. It will take several […]

Austin Repairman - EnergyNewsBeat.com
Electrical Generation / Utilities

A Giant Flaw in the Texas Blackout: It Cut Power to Gas Supplies

February 20, 2021 Stu Turley

When the Texas power grid was on the brink of collapse and its operator plunged thousands into darkness, it didn’t make an exception for the oil and gas field. Power was, unsurprisingly, diverted to hospitals […]

Fossil

Gas pipeline Nord Stream 2 links Germany to Russia, but splits Europe

February 19, 2021 Stu Turley

Recent developments Bloomberg reported on 19 February that the U.S. might hold off on sanctioning German companies involved in the Nord Stream 2 project, as the Biden administration seeks to halt the project without antagonizing a close European ally. […]

Nord Stream 2: Twists and turns of a controversial gas pipeline
International News

Nord Stream 2: Twists and turns of a controversial gas pipeline

February 19, 2021 Stu Turley

The pipeline Nord Stream 2 would connect Germany directly to Russian gas supply, but it has split opinions in Europe and beyond for years. The tube’s construction in the Baltic Sea is well advanced, but the project […]

ENI - EnergyNewsbeat
Earnings

Eni made loss in 4Q but reduced net debt

February 19, 2021 Stu Turley

Italy’s Eni made a loss in the fourth quarter driven by impairments, but it managed to reduce its net debt after issuing hybrid bonds. The company reported a loss of €725mn ($880mn) in October-December and […]

Extreme winter weather is disrupting energy supply and demand, particularly in Texas - energynewsbeat
Electrical Generation / Utilities

Extreme winter weather is disrupting energy supply and demand, particularly in Texas

February 19, 2021 Stu Turley

Last weekend, a major winter weather system characterized by extreme cold spread across much of the central United States, disrupting energy systems and causing serious health and safety issues, particularly in Texas. At the same […]

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