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Home2021February

Month: February 2021

Commodities

Overnight Oil Report 2/11/2021: Gasoline inventories build (yay fundamentals)

February 11, 2021 Mariel Alumit

Singapore — 0255 GMT: Crude oil futures were lower during mid-morning trade in Asia Feb. 11 on the back of a build in US gasoline inventories and despite the sharp drop in crude oil stocks. At […]

Shell CEO - Emissions have already Peaked
Crude Oil News

Shell CEO says they are not going to turn their back on legacy businesses

February 11, 2021 Stu Turley

February 11th, 2021, 4:30 AM CST Ben van Beurden, chief executive officer at Royal Dutch Shell Plc., discusses transitioning the company away from oil and gas, his business strategy and his outlook for oil. He […]

Energy News Beat - Logo
Commodities

Energy News Beat 2/10/2021: Has Oil run dry?

February 10, 2021 Stu Turley

Crude Oil and Natural Gas News Putin wants to take out US Shale, and produce everything Biden bans. OPEC still has no enforcement of production Total says that there will be 10mbd off the market […]

Bloom Energy - Energy News Beat
Earnings

Bloom Energy Announces Fourth Quarter 2020 and Full Year 2020 Financial Results

February 10, 2021 Stu Turley

Bloom Energy Corporation (NYSE: BE) today announced financial results for its fourth quarter and full year that ended December 31, 2020. Fourth Quarter Financial Highlights Revenue of $249.4 million in the fourth quarter of 2020, […]

Earnings

DCP Midstream Reports Fourth Quarter Results and Announces 2021 Guidance

February 10, 2021 Stu Turley

Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the quarter and year ended December 31, 2020. HIGHLIGHTS For the quarter and year ended December 31, 2020, DCP generated net income (loss) attributable to […]

Total - Energy News Beat
Commodities

Oil Major Total Sees 10 Million Bpd Supply Gap In 2025

February 10, 2021 Stu Turley

France’s supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the […]

Toyota Mirai Source Toyota Motor Corp.
Electric Vehicles

Toyota Makes Course Correction in U.S. With Plan to Sell EVs

February 10, 2021 Stu Turley

Toyota Motor Corp. plans to begin selling a pair of battery-powered vehicles in the U.S. this year, revising a wait-and-see approach to electric cars and trucks. The Japanese automaker said Wednesday it will start selling the unnamed EVs […]

opec energynewsbeat
Crude Oil News

OPEC Won’t Change Policy at Next Meeting, Says Iraq Oil Minister

February 10, 2021 Stu Turley

Iraq said the OPEC+ oil cartel is unlikely to change its production policy at next month’s meeting and repeated promises to deliver overdue output cuts, even as the Arab nation’s economy reels. The group of crude […]

International News

Russia / Putin Formally Approves Startup Of Pik Research Reactor

February 10, 2021 Stu Turley

Russia’s president Vladimir Puit has formally approved the startup of the Pik high-flux research reactor at the BP Konstantinov St Petersburg Nuclear Physics Institute (PNPI), part of the country’s Kurchatov Institute national research centre. “I […]

President Putin asked the government to introduce hydrogen transit buses by 2023
Crude Oil News

Russia will replace all the U.S. oil Biden wants to ban – This is a national security issue

February 10, 2021 Stu Turley

U.S. President Joe Biden’s push to slash carbon emissions may inadvertently give a short-term boost to energy companies in one of the world’s biggest polluters. Investors are betting that Russian oil giants such as Lukoil […]

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