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Home2021March

Month: March 2021

Crude Oil News

Libya’s oil production climb continues, hits 1.3 million barrels

March 4, 2021 Stu Turley

The head of the National Oil Corporation, Mustafa Sanallah expected Libya’s oil production to continue rising, but this requires more funding, security, and stability, Sanallah said. In an interview with TRT Arabi TV, Sanalla revealed […]

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

Iran Taps Old Oil Customers as It Eyes End of U.S. Sanctions

March 4, 2021 Stu Turley

Iran is reaching out to old customers in Asia to gauge their interest in buying its oil as Tehran ramps up diplomacy to get U.S. sanctions lifted. The National Iranian Oil Co. — the state oil marketer […]

JMMC Energy News Beat
Crude Oil News

Oil prices dip ahead of OPEC+ meeting – Preliminary numbers are showing an estimated increase of 1.75 mbd with OPEC and OPEC + combined. -Updated 7:15 Eastern

March 4, 2021 Stu Turley

Energy News Beat Publishers Note: Should be fun watching the political discussions around the world on the OPEC + meetings today, and the impact on tomorrow’s OPEC meeting. The Energy News Beat team is looking […]

Exxonmobil - Guyanna Wells - energynewsbeat.com
Crude Oil News

ExxonMobil slashes 2025 production outlook as it focuses on Permian, Guyana

March 3, 2021 Stu Turley

ExxonMobil has slashed its 2025 global oil and gas production estimate to 3.7 million boe/d, even as it focuses on growing output at the Permian Basin and in Guyana, the company’s top executives said March […]

How green are electric vehicles - Well it depends on where you are driving them
Electric Vehicles

How green are electric vehicles? – Well it depends on where you are driving them

March 3, 2021 Stu Turley

Energy News Beat Publishers Note: This is an excellent article discussing the overall impact of EV’s on the environment depending on where they are used. Also really liked the idea that batteries could be pulled […]

Keystone XL has work suspended by TC Energy - Energy News Beat
Finance

TC Energy and TC PipeLines, LP complete merger

March 3, 2021 Stu Turley

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, […]

Rystad Energy - EnergyNewsBeat
International News

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China

March 3, 2021 Stu Turley

Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the […]

Jennifer Granholm Photographer- Graeme Jennings-Washington Examiner-Bloomberg -energynewsbeat
Industry Insights

Energy Secretary Says Oil Industry Must Embrace Green Transition

March 3, 2021 Stu Turley

Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while also offering them […]

Opec+ JMMC ends with no recommendation -energynewsbeat
Crude Oil News

Opec+ JMMC ends with no recommendation

March 3, 2021 Stu Turley

The Opec+ alliance will meet tomorrow at 14:00 CET to discuss whether and how to amend the group’s production quotas from next month. The quotas were reduced to 7.05mn b/d below an October 2018 baseline […]

The Vanguard Group Climate Activist Who Took On BlackRock Now Takes Aim at Vanguard
ENB Pub Note

Climate Activist Who Took On BlackRock Now Takes Aim at Vanguard

March 3, 2021 Stu Turley

Energy News Beat Publishers Note: Interesting to watch as the Vanguard Group was successful in pushing BlackRock. Casey Harrell, the campaigner whose sustained pressure was instrumental in pushing BlackRock Inc. to act against climate change, approaches his work […]

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