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Home2021February

Month: February 2021

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA’s AEO2021 Reference case shows crude oil production plateauing after 2030

February 9, 2021 Stu Turley

The U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 Reference case, which assumes current laws and regulations through 2050, projects domestic crude oil production to return to 2019 levels by 2023 and then remain […]

Biden's First Middle East Moves - Energy News Beat
ENB Pub Note

Biden’s First Middle East Moves – Insight from Geopolitical Futures

February 9, 2021 Stu Turley

Energy News Beat Publishers Note: Geopolitical Futures (GPF) is a valuable international resource. We highly recommend subscribing to GPF and taking a look at George Friedman’s world insights. In this article “Biden’s First Middle East […]

oil -tank - Energy news beat
Commodities

Oil on Longest Run of Gains in Two Years With Market Tightening

February 9, 2021 Stu Turley

Oil rose for a seventh day in New York, the longest streak in almost two years, on continued signs the global market is tightening and demand is improving. West Texas Intermediate futures increased 0.3% on […]

Total Gets Fastest Start on Clean Energy Among Europe Oil Majors - Energy News Beat
Earnings

Total Beats Earnings Estimates, Boosts Renewables Investment

February 9, 2021 Stu Turley

Total SE bucked the trend of a disappointing fourth quarter for Big Oil, reporting earnings that exceeded expectations and pledging more cash for cleaner energy. The results show once again how the French giant has proved […]

International Petroleum Corp
Earnings

International Petroleum Corporation 2020 Year-End Financial Results and 2021 Budget, Production and Resource Guidance

February 9, 2021 Stu Turley

TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the year ended […]

Amazon
Electrical Generation / Utilities

Amazon gets into offshore wind via 380-MW PPA with Shell and Eneco – Without subsidies

February 9, 2021 Stu Turley

Shell Energy Europe BV (Shell) and Amazon signed an agreement through which Shell will provide Amazon with 50% of the capacity (~380 MW) of the energy generated by the Amazon-Shell HKN Offshore Wind Project. The […]

Total - Energy News Beat
Earnings

Total reports drop in profits, prepares for name change – becoming an energy company

February 9, 2021 Stu Turley

Total saw its fourth-quarter profit and full-year earnings plummet on the year as the Covid-19 pandemic lowered fuel demand and weighed on oil and gas prices. But the firm performed relatively well compared with its […]

EIA projects renewables share of U.S. electricity generation mix will double by 2050
EIA News

EIA projects renewables share of U.S. electricity generation mix will double by 2050

February 8, 2021 Stu Turley

In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050. Wind and […]

Climate
Electrical Generation / Utilities

New York State ‘Using More Fossil Fuels’ After Indian Point-2 Closure – A “Balanced Diet of Power” includes Nuclear

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: We believe that all people in the world should have access to clean, reliable, and the lowest-cost energy at market capabilities. The only way to achieve this goal to get […]

Iran Refuses To Negotiate Korean Fuel Tanker Release - Energy News Beat
Crude Oil News

Oil’s Recovery Is Too Fast for Its Own Good – OPEC’s compliance enforcement will make a difference

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: Compliance and accountability will be key for the stability of world oil prices. As stated below “Compliance is measured in average barrels per day from the beginning of May to […]

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