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Home2021March

Month: March 2021

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports -EnergyNewsBeat.com
Commodities

A Surge in Iranian Oil Exports Is Clogging Up Chinese Ports

March 13, 2021 Stu Turley

China is gorging on sanctioned Iranian oil — with imports forecast to more than double this month from February — as other countries hold off purchases for fear of incurring the wrath of the U.S. […]

Windpower In Texas -EnergyNewsBeat.com
Electrical Generation / Utilities

Wind Power Was Thriving in Texas. Then Came the Freeze.

March 13, 2021 Stu Turley

AUSTIN, Texas—The Texas wind industry suffered a devastating financial blow during last month’s electricity crisis, which hit roughly half of the state’s wind farms and may force some to seek bankruptcy protection or relinquish control […]

US officials say Israel has hit many ships taking Iran oil arms to Syria WSJ
Crude Oil News

US officials say Israel has hit many ships taking Iran oil, arms to Syria: WSJ

March 12, 2021 Stu Turley

Israel has targeted at least 12 ships bound for Syria, most of them transporting Iranian oil, with mines and other weapons, according to a Thursday report. The attacks started in late 2019 and targeted both […]

Commodities

Overnight Oil Report 3/12/2021 – OPEC+ forecast hurts CL

March 12, 2021 Mariel Alumit

Singapore — 0249 GMT: Crude oil futures were rangebound, with a slight downward bias, during mid-morning trade in Asia March 12, as further upside was limited after the overnight rally. At 10:49 am Singapore time (0249 […]

Frances Biggest Insurer Dumps German Power Giant Over Coal -EnergyNewsBeat.com
Coal

France’s Biggest Insurer Dumps German Power Giant Over Coal – Is The Oil And Gas Market Next?

March 12, 2021 Stu Turley

Axa SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive […]

Renewables Not Sustainable

California’s Solar Industry Is Getting Sunburned

March 12, 2021 Stu Turley

Solar power in California just had a good decade. Thanks to strong policy and, yes, good sun, solar expanded to become a significant proportion of the state’s electricity mix and help substantially decarbonize its power […]

Betting whole climate agenda on infrastructure
Electrical Generation / Utilities

Biden Is Betting His Whole Climate Agenda on Infrastructure

March 12, 2021 Stu Turley

Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of Covid-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President […]

Electric Vehicles

DOE Awards $18 Million for Cutting-Edge Technologies to Optimize Vehicle Performance and Efficiency

March 12, 2021 Tracey Woods

WASHINGTON, D.C. — The U.S. Department of Energy today announced $18 million in funding for four cutting-edge projects that will help passenger vehicles operate more efficiently, reduce energy consumption, and contribute to the Biden Administration’s goal […]

The Winners and Losers From Surging Oil and Commodity Prices
Commodities

The Winners and Losers From Surging Oil and Commodity Prices

March 11, 2021 Stu Turley

You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and […]

Israel - Cyprus agree on framework for settling offshore gas dispute -EnergyNewsBeat.com
Fossil

Israel, Cyprus agree framework for settling offshore gas dispute

March 11, 2021 Stu Turley

 Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils. Development of […]

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