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Home2021February

Month: February 2021

Scott Sheffield - EnergyNewsBeat
Crude Oil News

Pioneer CEO Sheffield sees Oil at $55-$70 for the Next Several Years

February 25, 2021 Stu Turley

Pioneer Natural Resources CEO Scott Sheffield speaks with Bloomberg’s Alix Steel and Guy Johnson about the progress of his company during Q1 and the energy crisis in Texas that’s left customers with inflated prices on […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
Finance

Chevron launches $300 million fund to focus on low-carbon technology

February 25, 2021 Stu Turley

Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change. Major […]

Prince Mohammed bin Salman -energynewsbeat.com
Finance

MBS: Saudi sovereign fund doubling assets in five years to $1.07T

February 25, 2021 Stu Turley

Saudi Arabia’s Public Investment Fund (PIF) plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the […]

ENB Pub Note

Colorado’s new oil and gas laws could be an example the White House follows

February 25, 2021 Mariel Alumit

Energy News Beat Publishers Note: The Colorado regulatory agencies have implemented some of the toughest regulations in the country regarding oil & gas operations. There have been papers written from large universities explaining why these […]

OPEC -Energy News Beat
Crude Oil News

OPEC+ to weigh modest oil output boost at meeting – sources

February 25, 2021 Stu Turley

OPEC+ oil producers will discuss a modest easing of oil supply curbs from April given a recovery in prices, OPEC+ sources said, although some suggest holding steady for now given the risk of new setbacks […]

Commodities

Overnight Oil Report 2/25/2021 – EIA builds can’t bring down CL

February 25, 2021 Mariel Alumit

Singapore — 0314 GMT: Crude oil futures ticked higher during midmorning trade in Asia Feb. 25 as the market overlooked bearish data from the US Energy Information Administration to focus on optimism over declining COVID-19 infection […]

International News

Small modular nuclear reactors are now beautiful for plant makers

February 25, 2021 Stu Turley

For global nuclear power plant makers, small is now beautiful and they are looking at populating their small modular reactors across the world, said industry experts. With lesser gestation time, higher power generation period and lower risks, nuclear power […]

Eos Energy Storage - Energynewsbeat.com
Earnings

Eos Energy Enterprises Reports Full Year 2020 Financial Results

February 25, 2021 Stu Turley

Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced financial results for the full year ended December 31, 2020. Eos Chief Executive […]

Rattler Midstream - energynewsbeat.com
Earnings

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2020 Financial and Operating Results

February 25, 2021 Stu Turley

Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. FOURTH […]

Electrical Generation / Utilities

Texas Power Companies Face Liquidity Crisis as Bills Mount

February 25, 2021 Stu Turley

Texas’s grid operator has already seen some retail electricity providers default as bills for last week’s grid emergency come due, officials said Wednesday. The Electric Reliability Council of Texas, known as Ercot, is working to […]

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