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Home2021June

Month: June 2021

Iranian flag Nuclear Deal - What does this mean for oil?
ENB Pub Note

Top nuclear watchdog: Lack of Iran deal leaves agency ‘flying blind’ – But what does this mean for oil?

June 13, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): The failed nuclear deal will not impact oil prices as Iran has been selling outside of the OPEC + production quotas to China. The world’s commodity pricing model has […]

Commodities

Saudi Stocks Lead Mideast Higher as Oil Extends Gains: Inside EM

June 13, 2021 Stu Turley

Saudi Arabia’s equities index extended a winning streak to five sessions Sunday, following another positive week for crude prices. The Tadawul All Share Index climbed 0.9%, with gauges in Bahrain, Oman, Kuwait, Qatar and Israel […]

ENB Pub Note

Lithium Americas delays Nevada mine work after environmentalist lawsuit

June 13, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): The rare earth mineral story is one of the biggest holdbacks to the dramatic desire to move to green. China holds 94% of the rare earth minerals. This places […]

Saudi energy minister Abdulaziz bin Salman
Commodities

OPEC to raise oil production in July, stays mum on what’s next

June 13, 2021 Stu Turley

OPEC+ stuck to its plan to hike oil output in July, but Saudi Arabia’s energy minister kept the market guessing as to whether the group will add more supply later this year to keep pace […]

Finance

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

June 12, 2021 Stu Turley

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 trillion in the current year, […]

Political

WHITE HOUSE: Biden releases his first regulatory agenda

June 12, 2021 Stu Turley

President Biden today unveiled his first sweeping regulatory plan, revealing plans to continue unraveling the Trump administration’s environmental rollbacks on climate, air pollution, toxics and workplace safety. “I’m a real reg nerd so super excited […]

Cedar Creek Wind Farm-Weld County - Co
Crude Oil News

Weld County energy, part 2: Diverse energy portfolio important for security, reliability

June 12, 2021 Stu Turley

Colorado wants a complete transition to “clean” energy by 2040, the state energy office states. This goal, however, may not be feasible due to various reasons, especially not anytime soon. Two Weld County department directors, […]

South Africa Wind Farm - Alternative Africa - Energy News Beat
Coal

The Green Revolution Is Being Built on a Very Dirty Industry

June 12, 2021 Stu Turley

The battle against climate change is relying on the same polluting building block that drove the second Industrial Revolution a century and a half ago. Steel, which transformed everything from guns and bridges to cities […]

International News

Russia’s Gazprom sees domestic gas consumption rising 7.5% within 5 years

June 12, 2021 Stu Turley

Russian energy giant Gazprom expects domestic gas consumption to rise by 7.5% within the next five years as it embarks on a $7 billion programme to supply gas to more households, a company official said […]

G7
Commodities

G7: Why major economies are delaying a break with the fossil fuel industry

June 12, 2021 Stu Turley

While the leaders of the world’s richest countries agree in theory on the need to reach net zero emissions by 2050 at the latest, they remain faithful to a fossil fuel industry reluctant to substantively […]

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