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Home2021April

Month: April 2021

International Seaways -energynewsbeat
Finance

International Seaways and Diamond S Shipping Announce Merger

April 2, 2021 Stu Turley

Creates Second Largest US-Listed Tanker Company by Vessel Count and Third Largest by Dwt with an Enterprise Value of Approximately $2 Billion Significant Synergies and Efficiencies to Drive Annual Cost Savings of over $23 Million […]

ENB Pub Note

Teledyne Clears Canada and Germany Antitrust Reviews for the FLIR Acquisition -“what’s a few billion between friends”

April 2, 2021 Stu Turley

Energy News Beat Publishers Note: This acquisition is a great thing for the green movement in energy. The technological uses for FLIR in the energy market for ESG are invaluable.  Teledyne Technologies Incorporated (NYSE:TDY) announced […]

Electric Vehicles

Volkswagen to Buy Emission Credits from Tesla in China to Comply with Environmental Regulations, Sources Say

April 2, 2021 Stu Turley

Energy News Beat Publishers Note; Perfect example of how the green movement will only be successful if the system has accountability. Tesla is making more money from carbon credits than from the manufacture of electric […]

International News

Venezuela, Russia renew bilateral ties – interesting to watch play out with OPEC + production quotas

April 1, 2021 Stu Turley

Russian deputy prime minister Yuri Ivanovich Borisov led a delegation to Caracas yesterday in a sign of renewed bilateral ties. Russia is among Venezuela’s leading international patrons and a vocal opponent of the US-led sanctions […]

OPEC plus April 1st -energynewsbeat.com
Crude Oil News

Saudi Arabia urges Opec+ not to let up too quickly

April 1, 2021 Stu Turley

US energy secretary Jennifer Granholm spoke with Prince Abdulaziz ahead of today’s meeting and emphasised the importance of ensuring “affordable” energy for consumers. Brent crude prices have remained above $60/bl since early February. Rolling over […]

us secretary of energy jennifer granholm - energynewsbeat.com
Crude Oil News

U.S.-Saudis Discuss Energy Affordability Before OPEC+ Talks

April 1, 2021 Stu Turley

The U.S. called Saudi Arabia on the eve of an OPEC+ meeting to highlight the importance of “affordable energy,” adding another element of uncertainty into the group’s decision on production cuts. The cartel is heading […]

International News

The role of renewables within upstream oil and gas is gaining significant momentum

April 1, 2021 Stu Turley

Upstream oil and gas companies are responsible for significant greenhouse gas (GHG) emissions and are some of the largest carbon-emitting companies globally. As a result, upstream operators are under growing pressure from governments, shareholders and […]

Earthstone Energy - Energy News Beat
Finance

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Mariel Alumit

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Earthstone Energy - Energy News Beat
Exploration and Production

Earthstone Energy Announces Midland Basin Asset Acquisition

April 1, 2021 Stu Turley

Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]

Commodities

Overnight Oil Report 4/1/2021 – Aprils Fools Oil is $120

April 1, 2021 Mariel Alumit

Singapore — 0250 GMT: Crude oil futures rose during Asian mid-morning trade April 1 after data from the US Energy Information Administration showed a draw in crude and gasoline inventories, with the market gleaning further support […]

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