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Home2021June

Month: June 2021

BP chief executive Bernard Looney- Energy News Beat
Finance

BP CEO sees higher oil prices boosting energy transition plans

June 22, 2021 Stu Turley

(Bloomberg) –BP’s energy transition plan will receive a boost from rising oil prices, and the company is already winning back investors after a difficult year, Chief Executive Officer Bernard Looney said. Even as it plans […]

International News

Inter Pipeline rejects revised hostile takeover offer by Brookfield Infrastructure

June 22, 2021 Stu Turley

Inter Pipeline Ltd. has rejected a revised hostile takeover offer by Brookfield Infrastructure Partners LP that allows shareholders to receive their payment entirely in cash instead of a mix of cash and shares if they want. […]

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

U.S. natural gas exports and non-power sector demand to drive higher prices through 2022

June 22, 2021 Andy Del Prado

In our June 2021 Short-Term Energy Outlook (STEO), we forecast U.S. natural gas prices to increase during 2021 and 2022 from 2020 prices as a result of expected growth in natural gas consumption and natural […]

Spain and Morocco Pipeline Dispute - EnergyNewsbeat
International News

Rabat Stalls Gas Pipeline Talks with Morocco

June 22, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): We have been fortunate enough to have two interviews with George Friedman, Chairman, and Founder of Geopolitical Futures. We highly recommend subscribing to their website and content.   The Western […]

McKay River Suncor Oil Sands - EnergyNewsBeat
CO2 & GHG

Canada’s climate plan charts hard road ahead for high-polluting oil sands – but can be done

June 22, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): We talked about this on our international podcast addition released yesterday.  (Reuters) – Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff […]

LNG - -energynewsbeat.com
ENB Pub Note

Seems like Energy Majors still have the hunger for fossil fuels even with the green board room

June 22, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Those five LNG companies — Exxon Mobil, Royal Dutch Shell, TotalEnergies, and ConocoPhillips, which are part of Qatar’s existing LNG production were joined by new entrants Chevron and Italy’s […]

ENB Contributor Column

From Bear Country – The ENB Canadian Energy Update for June

June 21, 2021 Stu Turley

Why can’t we just get along? This regular installment of our Canadian Podcast series with Heidi McKilliop, Actress, Director, and Terry Etam, Energy Author, and Humanitarian Extraordinaire. We have an absolute blast talking about all […]

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

February’s increase in coal-fired electric generation reduced U.S. coal stockpiles

June 21, 2021 Andy Del Prado

Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in February 2021. February’s draw was the largest monthly coal inventory decrease since […]

Electrical Generation / Utilities

China’s Clean Energy Transition Plan Should Have Been More Ambitious and More Aspirational to the World

June 21, 2021 Stu Turley

The details of its journey are opaque, however, with significant room to continue slowing the progress of change. For example, the Plan targets non-fossil fuel energy reaching only 20% of China’s energy supply by 2030; […]

LNG - -energynewsbeat.com
Commodities

Australian Oil Industry Tipped To Double Investment To $6 Billion A Year

June 21, 2021 Stu Turley

Oil selling for more than $70 a barrel has breathed life into the downtrodden Australian oil and gas industry even as it battles criticism from environmental protestors and investor activists. Last week saw the best […]

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