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Home2021May

Month: May 2021

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

U.S. imports of biomass-based diesel increased 12% in 2020

May 4, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Petroleum Supply Monthly (biodiesel and renewable diesel) U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 12% in 2020 to more than 31,000 barrels per day (b/d), increasing for the second consecutive […]

Earnings

Oasis Petroleum Inc. Announces Strategic Acquisition of Williston Basin Assets, Reports First Quarter 2021 Results, Declares Dividend and Updates 2021 Outlook

May 4, 2021 Andy Del Prado

HOUSTON, May 3, 2021 /PRNewswire/ — Oasis Petroleum Inc. (NASDAQ: OAS) (“Oasis” or the “Company”) today announced a strategic acquisition of Williston Basin assets, reported financial and operating results for the first quarter of 2021, declared its first […]

Will Biden Lift Sanctions On Venezuela?
Exports

Venezuela’s oil exports stabilize at 700,000 bpd after stock drain

May 4, 2021 Andy Del Prado

Venezuela’s April oil exports were flat at about 700,000 barrels per day (bpd) for the third month in a row, with three-quarters of its shipments headed to Asia and the Middle East, according to tanker […]

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

OPINION: The oil markets – On the way to recovery

May 4, 2021 Andy Del Prado

New Delhi: It is safe to say that the oil markets are on the way to recovery, despite still-widespread Covid-19 infections, notably in India, Europe and the US, after suffering what has been its worst year ever. […]

OPEC- EnergyNewsBeat
Crude Oil News

OPEC’s share of Indian oil imports plunges to 2 decade low: Trade sources

May 4, 2021 Andy Del Prado

New Delhi: OPEC‘s share of India’s oil imports fell to the lowest in at least two decades in the year to the end of March as overall purchases by Asia’s third largest economy fell to a […]

Earnings

Oasis Midstream Partners LP Announces First Quarter 2021 Results, Increases Distribution and Updates 2021 Outlook

May 4, 2021 Andy Del Prado

HOUSTON, May 3, 2021 /PRNewswire/ — Oasis Midstream Partners LP (NASDAQ: OMP) (“OMP” or the “Partnership”) today announced financial and operating results for the first quarter of 2021, declared its first quarter 2021 distribution and updated its 2021 […]

Energy News Beat Podcast
ENB Pub Note

Energy News Beat Podcast – May 3rd 2021 – The guys cover the Green New Deal and Minerals

May 3, 2021 Stu Turley

Holy Smokes says Michael Tanner! It’s wild out there with the rare earth minerals going up in price and there may not be enough minerals to even produce the equipment the world needs to implement […]

hillips 66 adds dedicated low-carbon unit amid evolving energy landscape - Energy News Beat
Earnings

ExxonMobil Earns $2.7 Billion in First Quarter 2021

May 3, 2021 Andy Del Prado

First Quarter 2021 Results and Management Perspectives Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion Lowered cash operating expenses versus the […]

Earnings

ExxonMobil Earns $2.7 Billion in First Quarter 2021

May 3, 2021 Andy Del Prado

First Quarter 2021 Results and Management Perspectives Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion Lowered cash operating expenses versus the […]

Gretchen Whitmer - Gov - Twitter - EnergyNewsBeat.com
Pipeline

Line 5 Pipeline Battle Intensifies as May 12 Closure Date Looms

May 3, 2021 Stu Turley

Michigan Governor Gretchen Whitmer is less than 10 days away from implementing a momentous decision to shut down a 68-year-old, underwater pipeline that her administration and many of her constituents consider an environmental hazard and […]

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