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Home2021June

Month: June 2021

pembina-can-no-longer-predict-start-date-oregon-jordon-cove-lng-energynewsbeat.com
Commodities

Pembina Pipeline to buy 50% stake in Canada’s proposed Cedar LNG

June 8, 2021 Stu Turley

(Reuters) – Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous […]

ntermongolia- energynewsbeat
Energy Tech

The dystopian lake filled by the world’s tech lust

June 8, 2021 Stu Turley

From where I’m standing, the city-sized Baogang Steel and Rare Earth complex dominates the horizon, its endless cooling towers and chimneys reaching up into grey, washed-out sky. Between it and me, stretching into the distance, […]

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

New infrastructure connects West Texas natural gas-producing areas to demand markets

June 8, 2021 Andy Del Prado

Source: U.S. Energy Information Administration Recently completed pipeline projects in Texas and Mexico have increased natural gas transportation capacity from the Waha Hub—located near Permian Basin production activities in West Texas—to the U.S. Gulf Coast and Mexico. Since […]

Middle East Investments and Demand Revival - EnergyNewsBeat.com
Crude Oil News

Middle East Physical Oil Off to Strong Start on Demand Revival

June 8, 2021 Stu Turley

The physical market for Middle Eastern crude started the month strongly, backed by expectations for robust Asian demand and the likelihood of less supply leaving the U.S. and Europe due to the recovery in those […]

Pipeline

Pipeline exec to face Congress as US recovers most of ransom

June 8, 2021 Stu Turley

WASHINGTON (AP) — The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar […]

Crude Oil News

ENB Podcast talks all things on how to frack a whale with Ryan Ray

June 7, 2021 Stu Turley

Being that Ryan Ray is a guest on the Energy News Beat Podcast as the adult in the room is always funny. We just taped our second month’s episode today and had a nice surprise […]

Jugular' of the U.S. fuel pipeline system shuts down after cyberattack - energynewsbeat.com
Pipeline

Colonial Pipeline’s Bitcoin Ransom Mostly Recouped by U.S.

June 7, 2021 Stu Turley

The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co. last month in a sign that law enforcement is capable of pursuing online criminals even when they […]

Finance

Enbridge Announces $1.14 Billion Sale of its Financial Interest in Noverco

June 7, 2021 Stu Turley

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that a subsidiary of Enbridge has entered into a definitive agreement to sell its 38.9% non-operating minority ownership interest in Noverco Inc. (Noverco) to […]

Coal

New coal-fired power plants in India likely to end up stranded: IEEFA

June 7, 2021 Andy Del Prado

New Delhi: Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29 GW in the pre-construction stage will end up stranded due to competition from renewables, according to the […]

Electrical Generation / Utilities

Energy secretary says enemies are capable of shutting down US power grid

June 7, 2021 Andy Del Prado

Adversaries to the US are capable of shutting down the nation’s electrical grid, Energy Secretary Jennifer Granholm admitted Sunday, saying that such cybersecurity attacks are “happening all the time.” Granholm warned of the system’s vulnerabilities — amid […]

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