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Home2021March

Month: March 2021

opec energynewsbeat
Crude Oil News

JMMC – No Recommendation to on production to OPEC+ and they are Poised to Cool Oil Market With Extra Production – Update 9:25 AM CST

March 3, 2021 Stu Turley

no recommendation from the JMMC #OOTT #Opec — Amena Bakr (@Amena__Bakr) March 3, 2021   Energy News Beat Publishers Note: Update from Rystad Energy and Amena Baker from Twitter. The Iran’s oil minister Zanganeh will […]

CO2 & GHG

Overnight Oil Report 3/3/2021 – Markets bracing for OPEC+ meeting

March 3, 2021 Mariel Alumit

Singapore — 0307 GMT: Crude oil futures ticked up during the mid-morning trade in Asia March 3 as the market regained its footing after an overnight sell-off, with investors attention now focused on the upcoming OPEC+ […]

Hydrogen

South America Clean-Energy Giant Charts Path to Hydrogen Era

March 2, 2021 Stu Turley

Uruguay could become a hydrogen exporter by the end of the decade if it can convince private-sector investors to back efforts to use the country’s abundant renewable-energy assets to produce the green fuel, according to […]

Oil Money- energynewsbeat
Crude Oil News

OPEC president says oil market rebalancing, pandemic still a risk

March 2, 2021 Stu Turley

Energy News Beat Publishers Note: Get the popcorn for Thursday and Friday. I am not taking bets on oil cuts/increases/remain the same. Reports are coming out in every different direction.  The global oil market is […]

Saudi Aramco leverages technology to boost sustainability - Energy News Beat
Crude Oil News

Aramco chief executive bullish on demand prospects

March 2, 2021 Stu Turley

Demand, which fell by 20mn b/d in April 2020, is “improving, we have seen [in] China, east Asia strong demand there. If I look at India, it is also picking up, it is almost as pre-Covid” […]

Cedar Creek Wind Farm-Weld County - Co
Crude Oil News

BP Chasing Customers, Not Oil and Gas Reserves, Looney Says

March 2, 2021 Stu Turley

BP plc’s ambitious reinvention, to move from fossil fuels toward carbon-free resources, was launched only days before the world began to shut down last year, but instead of shelving the plans, the company doubled down […]

Indian Oil - Energy News Beat
Crude Oil News

India Set for Record Oil Demand on Recovery From Covid Washout

March 2, 2021 Stu Turley

India, once the center of global oil demand growth, expects its fuel consumption to bounce back during the coming year as the nation recoups the losses caused by Covid-19. Demand for gasoline, diesel and other […]

Lorenzo Simonelli - Energy News Beat
Crude Oil News

Energy industry starting to recover, balance likely by 2022 – Baker Hughes CEO

March 2, 2021 Stu Turley

The energy industry is already starting to recover from one the worst years in recent history after the coronavirus pandemic roiled global markets, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday during CERAWeek by […]

Downstream

US dependence on foreign jet grew in 2020 – This is related to Covid – but may become a national security issue in 2021

March 2, 2021 Stu Turley

Jet fuel imports to the US west coast accounted for 27.4pc of the region’s consumption in 2020, at 95,250 b/d, according to data from the US Energy Information Administration (EIA). The share of imports grew […]

rigs in winter - energynewsbeat.com
Commodities

India Urges OPEC+ to Raise Oil Output at This Week’s Meeting

March 2, 2021 Stu Turley

Energy News Beat Publishers Note: It is a good thing for India to voice its concern before Thursday and Friday’s meetings of OPEC. The policies for price manipulation have been tough to enforce, and increased […]

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