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Home2021April

Month: April 2021

Andrzej Duda - Sean Gallup Getty Images
Exports

Poland Says Central Banks May Have Role in Clean Energy Shift

April 23, 2021 Stu Turley

Global leaders should consider a role that central banks could play in helping the world shift to clean energy, Polish President Andrzej Duda said during a climate summit hosted by his U.S. counterpart Joe Biden. […]

US
Finance

How Bitcoin Mining Can Incentivize Renewable Energy

April 23, 2021 Stu Turley

Bitcoin mining is often decried as an energy hog, but new research results by Cathie Wood’s ARK Invest and Jack Dorsey’s Square have been found to “debunk the myth.” Tesla’s Elon Musk also agrees that […]

Kom Ombo solar power plant - EnergyNewsBeat.com
International News

Egypt’s largest solar plant, Kom Ombo, receives $114m financing

April 23, 2021 Stu Turley

The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank today signed a US$114 million […]

Schlumberger - Energy News Beat
Commodities

Schlumberger sees drilling, construction activity ramp worldwide in 2021

April 23, 2021 Stu Turley

North America will see sustained activity growth in US land and offshore starting in second quarter, especially once spring breakup in Canada is finished in a month or so, Olivier Le Peuch, the company’s CEO, […]

Kevin Frayer-Getty Images AsiaPac-EnergyNewsBeat.com
ENB Pub Note

China Power Emissions Must Fall 66% in Decade to Hit Paris Goal

April 23, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): While this is cool that the rest of the world looks at China’s requirement of 66% decrease in power emissions to meet the Paris Climate Goals. Has anyone asked […]

Commodities

USA Set for Gas Boom – Way Cool

April 23, 2021 Stu Turley

Natural gas production in the United States is set to grow to a new record of 93.3 billion cubic feet per day (Bcfd) in 2022 and will continue to rise thereafter, exceeding 100 Bcfd in […]

Coal

South Korea ends aid for coal plants overseas

April 23, 2021 Andy Del Prado

Washington, April 22, 2021 -South Korea will stop funding coal-powered plants overseas, President Moon Jae-in told a US-led summit Thursday, as he vowed a larger role in fighting climate change. The progressive president said he was expanding […]

Hydrogen

Russia’s efforts on moving to green energy

April 23, 2021 Andy Del Prado

MOSCOW: President Vladimir Putin has said he wants Russia’s total net greenhouse gas emissions to be less than the European Union‘s over the next 30 years, a goal he described as tough but achievable. Russia is the world’s […]

US E and P new Dept -EnergyNewsBeat.com
Crude Oil News

U.S. exploration and production companies are issuing new debt and equity

April 23, 2021 Stu Turley

Based on all announced corporate press releases, the amount of debt and equity issued among publicly traded independent U.S. exploration and production (E&P) companies totaled $4.4 billion in March 2021, the most since August 2020. […]

Electric Vehicles

Huge global disparities in electric car ownership – study

April 23, 2021 Andy Del Prado

LONDON: Europe and China dominate the world market for electric cars, but there are still very few electrified vehicles on the roads in large markets like Russia, South America and Africa, according to a study conducted by […]

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