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Home2021February

Month: February 2021

BP chief executive Bernard Looney- Energy News Beat
ENB Pub Note

BP offers employees shares in rallying cry for low-carbon shift

February 17, 2021 Stu Turley

Energy News Beat Publishers Note: Like the idea of including employees in the future of BP. But if it won’t impact the bottom line, is it a good program for anyone? Oil major BP is […]

Norway energy industry in wage bargain averting oil gas outages -energynewsbeat
International News

Norway energy industry in wage bargain, averting oil, gas outages

February 17, 2021 Stu Turley

Norway’s oil industry employers struck a wage bargain with the Safe labour union on Tuesday, preventing a strike at the Mongstad crude terminal and shutdowns of major offshore oil and gas fields, Safe told Reuters. The Norwegian Oil and […]

winter grid - Energy News Beat
Electrical Generation / Utilities

Texas’s one-of-a-kind power system raises questions during price spike

February 17, 2021 Stu Turley

Energy News Beat Publishers Note: Being isolated from the US Energy policies may be a good thing. Even this was a major disaster, it showed the weakness in design, management, and capabilities. Setting your own […]

Electrical Generation / Utilities

Japan’s stressed power grid faces new test with Arctic blast on way

February 16, 2021 Stu Turley

Japan‘s overstretched electricity grid is likely to receive another Arctic blast in the coming days, which is already pushing up wholesale prices and may stress generators as they struggle to keep units running after a powerful quake. […]

Finance

Spartan Delta Corp. announces three strategic acquisitions and $80.0 million financing

February 16, 2021 Stu Turley

Spartan Delta Corp. (“Spartan” or the “Company“) (TSXV:SDE) is pleased to announce three strategic acquisitions, executing on its stated acquisitive growth strategy within western Canada. Total consideration for the three acquisitions (the “Acquisitions“) is approximately $147.9 […]

Texas Spot Power Price Hits $9,000 for Fourth Day: Energy Update
Commodities

Texas Spot Power Price Hits $9,000 for Fourth Day: Energy Update – Video

February 16, 2021 Stu Turley

The energy crisis crippling power grids across the U.S. showed few signs of abating Tuesday morning as blackouts left almost 5 million customers without electricity during unprecedented cold weather. Spot power prices in Texas hit […]

Energy News Beat - Logo
Commodities

Energy News Beat: 2/16/2021: “Don’t Mess With Texas”

February 16, 2021 Mariel Alumit

Texas deep freeze cannot keep stocks from opening at all time highs, with major indices losing steam toward the latter half of the trading session. S&P 500: 00% Nasdaq: -0.11% Dow Jones: -0.38% Many on […]

Resurgent Canadian natgas producers look to edge in on U.S. market
Exploration and Production

Resurgent Canadian natural gas producers look to edge in on U.S. market

February 16, 2021 Stu Turley

Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in a position to boost net gas exports to the United States for the first time […]

OPINION An insiders guide to the weird dinosaurs occupying Calgarys office towers - energynewsbeat
Crude Oil News

OPINION | An insider’s guide to the weird ‘dinosaurs’ occupying Calgary’s office towers

February 16, 2021 Stu Turley

Energy News Beat Publishers Note: An excellent article by David Yager for CBC News. Very sharp and to the point. Well done David.  The rest of Canada concluded long ago that the living dinosaurs who […]

Commodities

Overnight Oil Report 2/16/2021: “Brrr Its Cold Outside”

February 16, 2021 Mariel Alumit

New York — 0348 GMT: Crude oil futures were slightly higher during mid-morning trade in Asia Feb. 16, extending overnight gains, as the ongoing Arctic blast across North America caused supply disruptions, propelling demand for heating […]

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