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Home2021March

Month: March 2021

Iran Oil Exports Creep Higher as Trumps Maximum Pressure Fades - Energy News Beat
ENB Pub Note

China Signs 25-Year Deal With Iran in Challenge to the U.S.

March 27, 2021 Stu Turley

Energy News Beat Publishers Note: The U.S is losing its importance on the world political stage.  China and Iran signed an overarching deal aimed at charting the course of their economic, political and trade relations […]

Iraq cuts crude oil supplies for most Indian refiners in 2021
Finance

Iraq Discussing $7 Billion Energy Deal With Total, Minister Says

March 27, 2021 Stu Turley

Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview that aired on […]

Still Stuck - Source - Suez Canal Authority -energynewsbeat
Commodities

Suez Shows Civilization Is More Vulnerable Than We Think – Time to rethink all of our energy policies

March 27, 2021 Stu Turley

Energy News Beat Publishers Note: It is a great time to review our energy policies and think about the precarious we now find ourselves. We are no longer an energy exporter, but reliant on political […]

solar-panel - energynewsbeat.com
Electrical Generation / Utilities

U.S. pledges to slash solar energy costs by 60 per cent in a decade

March 27, 2021 Stu Turley

The Biden administration on Thursday set a goal to cut the cost of solar energy by 60 per cent over the next decade as part of an ambitious plan to decarbonize the United States‘ power sector by 2035. […]

Commodities

Suez Canal Traffic Snarl Is Making Shipping Costs Skyrocket

March 27, 2021 Stu Turley

How much is the epic traffic jam in the Suez Canal costing the world? The short answer: a lot. It’s going to be tough to come up with a single figure that covers everything, and […]

Fossil

How China’s Rare Earths Monopoly Controls Our Destiny

March 26, 2021 Stu Turley

A world commodities rebalancing is underway, and China is in a position of dominance. Take lithium, where China is a major processor and battery manufacturer, cobalt, where China has dominated the supply chains, and rare […]

Saudi crude keeps flowing to Red Sea as East-West Pipeline repairs continue - Energy News Beat
Commodities

Reliance-Aramco deal likely if crude oil averages USD 65 per barrel

March 26, 2021 Stu Turley

A fall in crude oil price and Aramco’s USD 75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd‘s oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August […]

Offshore wind -energynewsbeat.com
Crude Oil News

UK government announces landmark deal in green energy transition

March 26, 2021 Stu Turley

High-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future, the Britain government vowed on Wednesday as a landmark North Sea Transition Deal is agreed with industry. […]

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021
Electrical Generation / Utilities

New 4.1 billion in flagship UK offshore wind park

March 26, 2021 Stu Turley

Europe’s third-largest renewables group, has taken an investment decision on its 3 billion pound ($4.1 billion) Sofia offshore wind farm project, it said on Wednesday. The 1.4 gigawatt project, to be located 195 kilometres from […]

The stuck Ever Given container ship in the Suez Canal on March 25.
International News

How to Dislodge a 200,000-Ton Ship From a Canal Wall

March 26, 2021 Stu Turley

When you can’t shift a ship that’s stuck fast into the wall of a canal that’s vital to world trade, there’s only one thing to do: call the salvage guys. The Ever Given container ship […]

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