Brent crude topped $70 a barrel in London for the first time since mid-March amid signs that recovering consumption has whittled away a glut of oil that built up last year at the height of […]
Austin, Texas (May 18, 2021) — Enverus, the leading global energy data analytics and SaaS technology company, has released its latest FundamentalEdge report. A Delicate Balance focuses on oil and gas’ current winning streak and includes the […]
Energy News Beat Publishers Note (ENB): The fact that Russia relies on an estimated 35% of its GDP from exports from energy, they do not want to disrupt the revenue source. “Besides, instability in the […]
There is a lot going on around the world, and this week is no exception. The gang covers Iran and Stu even complements Iran in its strategic policies to protect their cash flow while making […]
Energy News Beat Publishers Note (ENB): The IEA has a beautiful report, but at first blush, the numbers do not add up. Promising millions of “Green Jobs” has not worked in the past, and needs […]
Retail fuel supplies in the southeastern US are slowly returning to normal levels after panic buying drained storage following the cyberattack-induced shutdown of the Colonial Pipeline earlier this month. In Virginia the supply situation has […]
Australian independent Woodside Petroleum is exiting its 50pc interest in the proposed 21.2mn t/yr Kitimat LNG project in Canada’s British Columbia, which is expected to weigh between $40mn-60mn on the firm’s expected 2021 profit. Chevron, […]
Complaints by US energy firms against what they describe as Mexico City’s discriminatory energy policies are among the issues US trade officials will raise tomorrow during the first annual review of the US-Mexico-Canada (USMCA) free […]
The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or […]
We covered this increase in production on our Energy News Beat podcast. Saudi Arabia could not hold out much longer on their reductions in production. OPEC’s oil exports have jumped by 1 million barrels per […]
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