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Home2021April

Month: April 2021

Saudi Aramco lands multiple bids for 10 billion pipeline stake - energynewsbeat
Crude Oil News

Saudi $7 trillion investment goal puts spotlight on oil prices

April 9, 2021 Stu Turley

A multi-trillion dollar spending push designed to diversify the economy’s sources of income will require state companies to cut the dividends they pay the government to boost capital spending, Crown Prince Mohammed bin Salman has […]

NuQuest Energy -energynewsbeat.com
Finance

Energy industry executives team up on new venture NuQuest Energy to develop utility-scale renewable energy

April 8, 2021 Stu Turley

Four leading energy business leaders and early-stage investors have announced the formation of NuQuest Energy, a utility-scale renewable energy development company pursuing projects in the United States. The company intends to leverage its extensive experience in engineering, procurement, […]

Electrical Generation / Utilities

US government agencies boosting offshore wind with financing, loan support

April 8, 2021 Stu Turley

US federal tax regulators and Congress have been addressing offshore wind industry needs to make tax equity financing more efficient, while the Department of Energy revamps its loan program to make $3 billion available to […]

ENB Contributor Column

U.S. Department of Energy Announces $61 Million for Biofuels Research to Reduce Transportation Emissions

April 8, 2021 Tracey Woods

Tracy Woods, ENB Contributor – This is an excellent notice from the DOE showing leadership.  The U.S. Department of Energy (DOE) announced more than $61 million for technologies and processes that produce low-cost, low-carbon biofuels. Biofuels […]

Crude Oil News

Iran tankers with 3M barrels of crude oil head to Syria, defying US sanctions -“We Never Stopped shipping oil”

April 8, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): We have been covering for the last year that Iran has never stopped shipping oil because of the countries requirement of cash flow caused by sanctions. They admit to […]

U.S. State Department spokesman Ned Price steps from the podium after speaking at the State Department in Washington -energynewsbeat.com
Commodities

U.S. prepared to lift sanctions inconsistent with Iran nuclear deal -What does this mean for oil?

April 8, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): We have covered Iran’s oil production for a long time. They need cash, so they have been selling oil through “Spoofing and Doping” to get around the sanctions. With […]

Jeff Bezos - Wind Farm photo Op
Electrical Generation / Utilities

Wall Street and big tech team up to oppose Texas wind power bill

April 8, 2021 Stu Turley

An alliance of Wall Street and big tech is warning the Texas government against imposing new costs on renewable power plants as the blame game over the state’s winter blackouts intensifies. Companies ranging from Goldman […]

Total - renewable jet fuel - energynewsbeat.com
International News

Total Begins Producing Sustainable Aviation Fuel In France – Want some fries with your flight?

April 8, 2021 Stu Turley

Paris, April 8, 2021 – Total has begun producing sustainable aviation fuel (SAF) at its La Mède biorefinery in southern France and its Oudalle facility near Le Havre. The biojet fuel, made from used cooking oil, […]

Aramco Cuts April Oil Pricing to Mediterranean on OPEC+ Caution
Crude Oil News

India to buy 36 per cent less oil from Saudi Arabia

April 7, 2021 Stu Turley

The government has decided to reduce oil imports from Saudi Arabia by a whopping 36 per cent in May, news agency Reuters reported quoting sources. The decision comes even after the Kingdom supported the idea of boosting […]

South Africa Wind Farm - Alternative Africa - Energy News Beat
Electrical Generation / Utilities

A combination of small-scale renewables and gas may be Africa’s solution to its energy crisis

April 7, 2021 Stu Turley

The days of vertically integrated utilities such as South Africa’s Eskom are numbered and — particularly in a post-pandemic world — such companies will be unable to effectively tackle the challenge of providing Africa’s people […]

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