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Home2021August

Month: August 2021

ENB Pub Note

Senate Advances to Wrap Up $1 Trillion Bipartisan Infrastructure Bill – Have we looked at the negative impact to the DI Communities?

August 7, 2021 Stu Turley

ENB Publishers Note: The upgrades to the United States infrastructure are mandatory. However, can we please review the bill? Normally the Disproportionally Impacted Communities get left out, and the rich get richer, and the poor […]

Commodities

China’s crude oil imports rebound as state refiners return from overhauls

August 7, 2021 Stu Turley

(Reuters) – China’s crude oil imports rebounded in July from a six-month low as state-backed refiners ramped up output after returning from maintenance, though independent refineries slowed restocking amid probes by Beijing into trading and […]

A spectator waves as the Ever Given container ship moves along the Suez Canal towards Ismailia after being freed -energynewsbeat.com
Commodities

China Typhoons Pose Latest Supply-Chain Threat as Ports Shut – High Oil Prices Will Not Help Inflation

August 6, 2021 Stu Turley

Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some of the world’s busiest container ports. Yantian port in […]

U.S. coal exports
EIA News

Per capita U.S. residential electricity use was flat in 2020, but varied by state

August 6, 2021 Andy Del Prado

Source: Graph by the U.S. Energy Information Administration (EIA), based on EIA’s State Energy Data System and Electricity Data Browser and data from the U.S. Census Bureau Although many people spent more time at home during 2020 in response to the […]

Ryan Ray international man of misery
Crude Oil News

The High Price of Oil – Here to Say says Ryan Ray, CEO, Global Advisors

August 6, 2021 Stu Turley

There are some things in my professional career that highlights, and there are low points along the way. My regular podcast with Ryan Ray is one of the most fun interviews that I have on […]

Pump Jacks - Set - ENB
Industry Insights

Data Gumbo’s CEO -How Technology Will Enable Oil to Play by New Climate Rules

August 6, 2021 Stu Turley

he oil industry is up against massive public and governmental demands to diversify from fossil fuels and hasten the energy transition. Pressure to speed up is only increasing as indicated by a recent spate of […]

electrical Lines -ENB
Electrical Generation / Utilities

Europe Faces an Energy Shock After Gas and Power Prices Rocket

August 5, 2021 Stu Turley

After lockdowns forced Basel Hamzeh to close his cafe in a trendy Berlin neighborhood for months, the 53-year-old is confronting a fresh crisis: high energy bills. The cost of natural gas and electricity has surged […]

Electric Vehicles

Eni agrees to buy Be Power to boost electric car charging services

August 5, 2021 Stu Turley

Italy’s Eni said on Thursday it had agreed to buy digital green utility Be Power in a bid to grow its electric vehicle charging service business in Italy and Europe. The move comes as the energy group […]

Commodities

Delta outbreak unlikely to derail oil rally this year, UBS says

August 5, 2021 Stu Turley

– Investment bank UBS expects oil prices to resume their upward trend despite concerns over a surge in infections of the coronavirus Delta variant and projects Brent crude to trade between $75 and $80 per barrel in the second half of […]

pump-jack-6energy News Beat
Downstream

Indian firms plan to invest $27 billion to boost refining capacity by 2025

August 5, 2021 Stu Turley

India state refiners are set to invest 2 trillion rupees ($26.96 billion) to boost oil refining capacity by 20% in Asia’s third-largest economy by 2025, junior oil minister, Rameswar Teli, told lawmakers on Wednesday. India, the world’s third-biggest […]

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