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Home2021April

Month: April 2021

Japan and UAE - energynewsbeat.com
Hydrogen

Japan signs hydrogen cooperation deal with UAE

April 14, 2021 Stu Turley

Japan and the UAE have signed a hydrogen cooperation deal aimed at accelerating bilateral support for an international hydrogen supply chain. The agreement marks Japan’s first bilateral deal covering hydrogen production and development as the […]

Bank of America -energynewsbeat.com
ESG

Bank of America boosts its ESG financing goal to $1 trillion by 2030

April 14, 2021 Stu Turley

Bank of America last week more than tripled its environmental financing goal, saying it wants to deploy more than $1 trillion by 2030 to accelerate the transition toward a low-carbon, sustainable future, according to a Thursday press […]

Tommy Beaudreau -energynewsbeat.com
ENB Pub Note

Biden taps former BOEM chief for key Interior oil regulation role

April 14, 2021 Stu Turley

Energy News Beat Publishers Note(ENB): Some regulations are a good thing. When disproportionally impacted communities are overlooked, and corrections made that is a good thing. When regulations are made in a vacuum they hurt all […]

Coal

Coal-fired power plant development to remain growth driver in India: Fitch

April 14, 2021 Andy Del Prado

Singapore: Coal-fired power plants will be the primary driver of infrastructure investment in India’s power sector over the next decade, Fitch Solutions said on Tuesday. The country hosts 40 coal-fired power plant projects currently under construction involving a combined investment of […]

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

Global oil prices to climb above $70 per barrel by mid-2021: Platts

April 14, 2021 Andy Del Prado

New Delhi: Global oil prices will climb above $70 per barrel around mid-2021 as improved supply and demand fundamentals beginning May lead to substantial stock draws through to August, according to S&P Global Platts. The research firm said […]

Crude Oil - EnergyNewsBeat.com
Crude Oil News

China’s Iranian oil buying spree crushes demand for Brazil, Angola crude

April 14, 2021 Andy Del Prado

By Chen Aizhu, Shu Zhang, Sabrina Valle SINGAPORE/Rio de Janeiro, Brazil (Reuters) – China’s record imports of Iranian crude in recent months has squeezed out supply from rival producers, forcing sellers of oil from countries such as Brazil, […]

International News

Tamarack Valley Energy Ltd. announces the strategic acquisition of Anegada Oil Corp., a leading Charlie Lake light-oil producer, for total net consideration of $494 million

April 13, 2021 Andy Del Prado

CALGARY, AB – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Anegada Oil Corp. (“Anegada“), a privately held pure play Charlie […]

Crude Oil News

DiamondBack Energy raises production outlook as oil prices pick up

April 13, 2021 Andy Del Prado

DiamondBack Energy Inc on Monday raised its full-year production outlook as the shale oil and gas producer accounted for its acquisition of rival QEP Resources and benefited from a recovery in crude prices. Commodity prices are picking up […]

Floating LNG - India - energynewsbeat.com
Fossil

India’s 1st floating LNG storage & regasification unit arrives in Maharashtra

April 13, 2021 Andy Del Prado

Mumbai: India’s first Floating Storage and Regasification Unit (FSRU) has arrived at H-Energy‘s Jaigarh Terminal in Maharashtra. In a statement, H-Energy said the FSRU ‘Hoegh Giant’, which sailed from Keppel Shipyard, Singapore, was berthed at Jaigarh terminal in Maharashtra […]

https://oilprice.com/Energy/Crude-Oil/OPEC-Sees-Oil-Demand-Rise-To-959-Million-Bpd-In-2021.
Commodities

OPEC raises 2021 demand growth forecast, weighted to 2H

April 13, 2021 Stu Turley

The group’s latest Monthly Oil Market Report (MOMR) puts global oil demand at 96.46mn b/d this year, up by 190,000 b/d from its previous report and 5.95mn b/d higher than last year. “The upward revision mainly takes into account […]

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