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Home2021June

Month: June 2021

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EIA News

In 2020, natural gas exports and natural gas for electricity reached record highs

June 7, 2021

In 2020, both natural gas consumption by the U.S. electric power sector and natural gas exports reached record highs, despite a 2% annual decline in domestic dry natural gas production. Dry natural gas production doesn’t […]

Electrical Generation / Utilities

China’s Power Crunch Means Sidewalks Packed With Generators – A great topic for the ENB podcast

June 7, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Today is a great day. We get to record one of our regular podcasts in a series with Ryan Ray, President, War Room Media, and cover the power issues […]

Industry Insights

Fire And Explosion Hit Iran Steel Mill In Third Such Incident In Five Days

June 6, 2021 Stu Turley

Saturday evening a large fire and a strong explosion rocked an Iranian steel mill in Zarand, Kerman Province, in the third such incident in less than a week. Officials said that after hours of battling […]

OPEC- EnergyNewsBeat
Crude Oil News

World’s Top Oil Trader Vitol Sees OPEC+ Controlling Crude Market

June 6, 2021 Stu Turley

OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, according to a senior executive at the world’s biggest independent oil trader, Vitol Group. The decline in U.S. drilling and output […]

Birds of a feather -energynewsbeat
ENB Contributor Column

Expanding Wind Power While Killing Fewer Migratory Birds Is Biden’s Quandary

June 6, 2021 Tracey Woods

President Biden has taken steps to restore criminal penalties for the accidental killing of migratory birds, a move that if adopted as expected later this year would add pressure to wind power developers who are […]

A worker repairs a power line in Austin - Bloomberg
Energy Tech

U.S. oil and gas jobs increased slightly in May as companies remain focused on debt

June 6, 2021 Stu Turley

Energy Workforce and Technology Council data on oilfield services jobs, 2019 – 2021. American energy technology and services sector employment increased by an estimated 9,707 jobs in May, according to preliminary data from the Bureau […]

Rosneft - EnergyNewsBeat
Crude Oil News

Russia’s Rosneft projects global oil shortages during “hasty” energy transition – He is right on the money

June 6, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]

Crude Oil News

PetroEcuador declares force majeure at blocked field

June 5, 2021 Stu Turley

Ecuadorean state-owned oil company Petroecuador declared Wednesday ‘force majeure’ on all crude oil trading operations and other contractual obligations that the firm maintains due to ongoing protests against Lenin Moreno’s government across the country. ‘Force […]

India - Tankers - Pipeline - EnergyNewsBeat
Commodities

Oil companies’ expansion plan creates problem of plenty due to Covid

June 5, 2021 Stu Turley

Oil companies’ mega expansion plan has collided with the pandemic, creating for petrol pumps a double whammy of increased competition and collapsing fuel demand. In two years, companies have added around 12,500 pumps, increasing the country’s fuel […]

Ayatollah ali khamenei - EnergyNewsBeat
International News

Iran wants action, not promises, to revive nuclear deal: Ayatollah Ali Khamenei

June 5, 2021 Stu Turley

Iran’s Supreme Leader Ayatollah Ali Khamenei said on Friday that Tehran wanted action and not promises from six world powers for the revival of their 2015 nuclear deal. “I have told our negotiators that actions, not promises (by the […]

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