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Home2021April

Month: April 2021

China - Iran - Energynewsbeat.com
International News

China-Iran Deal, Myanmar’s New Junta Cracks Down – GPF Update

April 5, 2021 Stu Turley

Energy News Beat Publishers Note: Geopolitical Futures is a fantastic source for news and geopolitics. Headed up by George Friedman, we recommend subscribing today.  Budding partnership. China and Iran signed a vague, 25-year cooperation agreement during a visit […]

Double Eagle -Energynewsbeat.com
Finance

Double Eagle Announces $6.4 Billion Divestiture in the Midland Basin

April 5, 2021 Stu Turley

Double Eagle III Midco 2 LLC (the “Company” or “Double Eagle”), wholly owned by DoublePoint Energy, LLC (“DoublePoint”), announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and […]

seadrill - energynewsbeat.com
Exploration and Production

Seadrill asks creditors to write off $4.8 billion of debt – “What’s a few billion between friends?”

April 5, 2021 Stu Turley

According to a Reuters article, Seadrill proposed a debt write-off of just over $4.8 billion. That would cut its debt by more than 86.5 per cent to $750 million. The media outlet claimed that Seadrill has […]

Aramco - oil - energynewsbeat.com
Crude Oil News

Amid India’s bid to cut Saudi oil imports, Aramco raises oil price for Asia

April 5, 2021 Stu Turley

Saudi Arabia on Sunday raised the ‘official selling price’, or OSP, of oil shipments to Asia in May but left the price for Europe unchanged, indicating the world’s largest crude exporter is unimpressed by India’s plan […]

Tungsten Explorer -Energynewsbeat.com
Coal

China signs gas deal with Italian energy giant Eni

April 5, 2021 Stu Turley

(ATF) Italian energy giant Eni inked a memorandum of understanding (MoU) last week with Hangzhou-based power utility Zhejiang Energy for energy sector cooperation. The initiatives identified in the MoU range from developing long term liquefied natural […]

Pioneer Rig in Midland - Energynewsbeat.com
Finance

Pioneer Natural Resources says it will be Permian Basin’s biggest producer with $6.4 billion purchase of DoublePoint

April 5, 2021 Stu Turley

Pioneer Natural Resources is buying its neighbor in the Midland Basin, making it the largest producer in the Permian Basin. Irving-based Pioneer is using a combination of its own stock, cash and debt to purchase […]

Indian Oil -Energynewsbeat.com
Commodities

Indian Oil Corporation Buys Its First Johan Sverdrup Crude Cargo

April 5, 2021 Stu Turley

State-run refiner Indian Oil Corporation  (IOC) has made its first purchase of Norway’s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on […]

japan - offshore wind
International News

Japanese to Fast-Track Kashima Port Offshore Wind Project – In 2024

April 5, 2021 Stu Turley

Wind Power Energy is planning to accelerate the development of the Kashima offshore wind project in Japan. The project is planned to commence construction in 2024 at its 680 ha site in Kashima Port in […]

Kinder Morgan-EnergyNewsBeat.com
Carbon Capture

Kinder Morgan seeks to expand CO₂ business in clean energy push

April 4, 2021 Stu Turley

Pipeline giant Kinder Morgan Inc . plans to expand its carbon-capture business, joining the ranks of major oil and gas companies capitalizing on clean energy investing. Fueled by a push to eliminate greenhouse gas emissions, carbon capture […]

ENB Pub Note

US, Iran to hold indirect talks on sanctions relief – what does “indirect talks” mean?

April 4, 2021 Stu Turley

Energy News Beat Publishers Note: While it is a great thing to be in talks with Iran and the United States. What does “indirect talks” mean, especially after Iran had expressed no desire to enter […]

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