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Home2021February

Month: February 2021

A Renewable Energy Waste Crisis Is Looming
ENB Pub Note

A Renewable Energy Waste Crisis Is Looming

February 3, 2021 Stu Turley

Energy News Beat Publishers Note: Here is the key quote in the article: “Without a strategy for their end-of-life management, so-called green technologies like solar panels, electric vehicle batteries, and windmills will ultimately place the […]

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

U.S. wind generation sets new daily and hourly records at end of 2020

February 3, 2021 Stu Turley

In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records. Hourly data collected in the U.S. Energy Information Administration’s (EIA) Hourly Electric Grid Monitor show an hourly […]

Kuwaiti MPs - Energy News Beat
Crude Oil News

One of World’s Richest Nations Taps Wealth Fund as Cash Dries Up

February 3, 2021 Stu Turley

Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash to plug its budget deficit, after a political dispute over borrowing left one of the […]

Energy News Beat - Logo
Carbon Tax

Energy News Beat: 2/3/2021 – JMMC for IR Guy Of The Week

February 3, 2021 Mariel Alumit

Markets fluctuated amid a huge number of corporate earnings. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% Amazon reported earnings nearly doubled Wall Street estimates, while delivering its biggest revenue of all time at $125.56 billion, […]

JMMC Energy News Beat
Crude Oil News

JMMC optimistic for year of recovery in 2021 – Countries to remain vigilant and flexible given the uncertain market conditions

February 3, 2021 Stu Turley

The Committee emphasized the ongoing positive contributions of the Declaration of Cooperation (DoC) in supporting a rebalancing of the global oil market in line with the historic decisions taken at the 10th (Extraordinary) OPEC and non-OPEC […]

Larry Fink -CEO - Blackrock - Energy News Beat
CO2 & GHG

Why Would The World’s Biggest Fund Push Carbon Credits? – Wald Wednesday

February 3, 2021 Stu Turley

Energy News Beat Publishers Note: From #hottakeoftheday – the Wald Wednesday edition is excellent. Yesterday we ran a story on China’s creation of a carbon credit scheme (referring to China’s carbon credits as a scheme). […]

Magellan Midstream Partners - Energy News Beat
Earnings

Magellan Midstream Reports 4th Quarter 2020 Financial Results – Distributable Cash Flow of $1.02 Billion

February 3, 2021 Stu Turley

Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $183.9 million for fourth quarter 2020 compared to $286.4 million for fourth quarter 2019. The decrease in fourth-quarter 2020 net income continued to be driven by reduced demand for […]

Earthstone Energy - Energy News Beat
Earnings

Earthstone Provides Update, 2021 Guidance and Announces Proved Reserves

February 3, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our” or “we”), today provided an operations update, released 2021 guidance and announced its year-end 2020 estimated proved reserves. The Company has estimated its oil and gas […]

U.S. Tries to Seize Oil Shipment It Says Came From Iran - Energy News Beat
Crude Oil News

U.S. Moves to Seize Oil Shipment It Says Iran Exported Covertly

February 3, 2021 Stu Turley

The U.S. has gone to court to seize 2 million barrels of oil that it claims came from Iran, as Joe Biden’s administration shows little sign of taking a softer line on Tehran. The Department […]

Shell - Hydrogen - Energy News Beat
Hydrogen

Shell targets power trading and hydrogen in climate drive – a different path

February 3, 2021 Stu Turley

Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said. […]

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