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Home2021June

Month: June 2021

Gazprom Pipe - leak - energynewsbeat.com
CO2 & GHG

Methane Leak at 395 Tons an Hour Is Linked to Russian Pipeline

June 18, 2021 Stu Turley

A massive methane plume detected earlier this month over Russia stemmed from emergency repairs that forced the partial shutdown of a Gazprom PJSC pipeline, the company said, taking responsibility for one of the energy sector’s most intense recent leaks […]

Venture Global LNG - EnergyNewsBeat
Finance

Venture Global Announces Joint-Venture for Plaquemines LNG plant

June 18, 2021 Stu Turley

U.S. liquefied natural gas company Venture Global LNG said on Thursday that construction firm Zachry Group will work with engineering firm KBR Inc (KBR.N) in a joint venture to build the first phase of the […]

oil storage - energynewsbeat.com
Commodities

U.S. Oil Prices Close Gap With Brent as Demand Keeps Climbing

June 18, 2021 Stu Turley

The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global oil consumption. But despite a […]

Downstream

PKN ORLEN starts the largest petrochemical project in Europe

June 17, 2021 Stu Turley

PKN ORLEN is investing in the expansion of the Olefins Complex at the Płock Production Plant. It is the key project in the strategic Petrochemical Development Programme and the largest petrochemical investment project in Europe […]

Upstream

$7 billion Exxon plastics plant nearing completion in Portland, Texas

June 17, 2021 Stu Turley

PORTLAND, Texas — That $7 billion Exxon plant under construction in Portland, Texas, is fast approaching completion. 3News got an exclusive tour of that facility Monday as crews there work to finish this huge plastics […]

Janet Mills - Robert Bukaty - AP
ESG

Maine Becomes First State to Order Public Fossil-Fuel Divestment

June 17, 2021 Stu Turley

Maine became the first U.S. state to enact a law requiring divestment from fossil fuels, after Governor Janet Mills signed a measure ordering public funds to jettison investments in coal, petroleum, natural gas and related […]

saudi energy Minister prince abdulaziz bin salman
Commodities

Climate Policies Could Hand Power and Profits Back to OPEC

June 17, 2021 Stu Turley

By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]

Rystad Energy - EnergyNewsBeat
Coal

A Rystad Energy investigation: How a push to reduce LNG vessel emissions leaves the planet worse-off

June 17, 2021 Stu Turley

Global efforts to reduce carbon emissions are accelerating and most industries are searching for new ways to reduce their carbon footprint in the years and decades to come. Shipping is also under scrutiny and the […]

No Picture
EIA News

U.S. dry natural gas production and rig count continue to grow from pandemic lows

June 17, 2021

Our June Short–Term Energy Outlook (STEO) estimated that production of dry natural gas in the United States averaged 92.2 billion cubic feet per day (Bcf/d) during May 2021, compared with 87.8 Bcf/d in May 2020. […]

oil - supermajors -energy News beat
Crude Oil News

High Oil Prices Set Supermajors Up For A Promising Earnings Season

June 16, 2021 Stu Turley

The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the second quarter compared to the same period […]

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